News Archive - 20 August 2012
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[Video] Esteghlal Tehran – Malavan
[Video] Esteghlal Tehran – Malavan Esteghlal Tehran 1 – 1 Malavan (W5) 24′ [0-1] Mohammad Nozhati 73′ [1-1] Arash Borhani Match Highlights Get the Flash Player to see this content.
NYMEX-Crude flat on euro zone policy uncertainty
>U.S. crude rose 2 cents to $95.99 a barrel by 0018 GMT, while Brent rose 14 cents to $113.84 a barrel. Brent ended little changed on Monday after swinging in a $2 range, while U.S. crude edged lower, snapping four sessions of gains.FUNDAMENTALS* The European...
Car bomb kills eight near Turkey's border with Syria
>HAKKARI, Turkey (Reuters) - A car bomb a senior Turkish politician blamed on Kurdish separatists exploded near a police station in a city near Turkey's southeastern border with Syria on Monday, killing at least eight people and wounding dozens more. TV footage from Gaziantep showed a bus and the surrounding...
Oil lower in choppy trading; Euro zone issues weigh
>SINGAPORE (Reuters) - Brent crude inched up on Tuesday, but prices stayed near $114 a barrel as investors sought clarity on policies to help the euro zone after the European Central Bank squashed speculation about further steps to contain the debt crisis. Trading is expected to be rangebound as supply...
RPT-Iraq's south oil exports head for record in August
>* New oil terminals, rising production boost shipments* Low northern exports may limit overall gainBy Alex LawlerLONDON, Aug 20 (Reuters) - Iraq's oil exports from its southern ports have risen by 30,000 barrels per day (bpd) so far in August versus last month, according to shipping data tracked by Reuters,...
European stocks extend rally on ECB hopes
Europe's top shares fell onMonday, dragged down by weakness in banks, as the EuropeanCentral Bank and Germany's finance ministry deflated hopes theECB was preparing to cap the borrowing costs of troubledsovereign ...
Europe stocks lose steam at key resistance levels
>* Euro STOXX 50 tests long-term descending trendline* IBEX tests 200-day moving average; golden cross on CAC 40* Lonmin tumbles after violence at South African mine* Trailing stops in vogue as investors try to protect gainsBy Blaise RobinsonPARIS, Aug 20 (Reuters) - European stocks inched lower early on Monday, halting...
UPDATE 2-Brent rises above $114 on opposition to US oil release ...
>* North Sea supply shortfall may ease after maintenance ends* Winter demand, low product inventories to support prices (Adds details)By Ramya VenugopalSINGAPORE, Aug 20 (Reuters) - Brent crude inched up on Monday to more than $114 a barrel as the United States' plan to release strategic petroleum reserves faced stiff...
S.Korea to resume Iran oil imports from Sept -econ min sources
>The resumption is unlikely to hinder South Korea's bid to extend a U.S. sanction waiver later this year as imports in 2012, which were down 17 percent in the first half, will still be almost 20 percent lower than last year."The imports will resume from early September loading,...
Top Iran official: If Israel attacks, it will bring about its own 'annihilation'
Comment by former Revolutionary Guard chief and Khamenei advisor comes ahead of Non-Aligned Movement summit due to take place in Tehran.
Iran upgrades missile
Iran's official news agency says the country has upgraded a short-range surface-to-surface ballistic missile just weeks after it was test-fired.
Iran says it has upgraded a short-range missile
Iran's official news agency says the country has upgraded a short-range surface-to-surface ballistic missile just weeks after it was test-fired. Tuesday's report by IRNA says President Mahmoud Ahmadinejad unveiled the new version of Fateh-110, or Conqueror.
Summers are a popular time of the year for we…
Despite international sanctions meant to hobble Iran's economy, cross-border trade with Iraq remains brisk.
Business briefs from across the nation and around the world
Tax-free Internet sales to go away in Pennsylvania
Moscow reiterates its missile defence posture
Moscow has warned that the implementation of the European missile defence project could become a throwback to the Cold War era.
Letter: Chick-fil-A president didn’t pick and choose from the Bible
The writer of the letter “Chic-fil-A picks, chooses from the Bible” accuses Dan Cathy, president of Chick-fil-A, of duplicity.
Cosmetic surgery a multi-million dollar business in Thailand
As the stigma fades, cosmetic surgery becomes almost $795 million dollar business.
Delhi - [ Min 28.3 °C
US forces could move against Syrian leader Bashar al-Assad, President Barack Obama warned, notably if he deploys his chemical weapons against rebels trying to overthrow him.
Turkey: Kurdish Issue Heating Up
Recent weeks have seen the Kurdish issue in Turkey intensify and become more violent, in many ways marking a return to the kind of activity seen in the 1980's and 90's, at the height of the conflict between the Turkish military and the guerillas of the Kurdistan Workers' Party (PKK).
Hannity Panel Clashes Over Whether Obama Has ‘Most Deceptive Administration In American History’
On Monday night, Sean Hannity invited Michelle Fields and Kirsten Powers to discuss what he called "the most deceptive administration in American history." Taking on Vice President Joe Biden 's gaffes, as well as President Barack Obama , Hannity drove his point, while Powers questioned whether the such a...
Oil mixed in Asia
Oil was mixed in Asia Tuesday as the European Central Bank held off its bond-buying programme for another week while tight North Sea crude supply and Middle East tensions supported markets, analysts said. ...
The Trans-Pacific Partnership: Free Trade at What Costs?
The United States and eight other Asia-Pacific nations are engaged in top secret negotiations for the Trans-Pacific Partnership (TPP), hailed by the White House as a 21st century trade agreement. Although the pact will significantly benefit regional ...
Group Sites:
Reliance Industries has become the most influential stock on the BSE benchmark index Sensex, while FMCG major ITC was to the second slot, according to reports.
Knights get better of Hot Dogs in annual barnburner
As the faces continue to change, the volleyball rivalry between Central Catholic and Frankfort only intensifies.
Brent crude rises over supply fear
THE price of Brent crude rose yesterday amid concern about disruption to supplies due to maintenance work in the North Sea.
Business data firm estimates cost to economy from Iran attack at NIS 47b
A war with Iran would directly cost the Israeli economy about NIS 47 billion, economists from the BDI-Coface business information firm estimated in a report released yesterday.
Jones Cup: Gilas Pilipinas begins killer grind vs Korea (VIDEO)
source: Nelson Beltran | philstar.com TAIPEI – After a light assignment Sunday and a break yesterday, Smart Gilas Pilipinas starts its tough climb in the 34th William Jones Cup International Basketball Tournament, taking on South Korean champion club team Anyang KGC today at the TPEC Gymnasium here. Anyang KGC...
Ezra Levant
So let’s get this straight.
Wall Street Leaderless in Rules Fight as Dimon Diminished
Dimon, 56, one of the industry’s most forceful advocates, has lost stature as his bank, the largest in the U.S. by assets, juggles multiple investigations and a $5.8 billion trading loss on wrong-way bets on credit derivatives.
IGB Chess Festival gets into full swing
KUALA LUMPUR: The ninth edition of the IGB Dato' Arthur Tan Chess Festival, began on Aug 19, is in full swing.
Terry Davidson
A Jewish man says he’s contemplating legal action, claiming to have been arrested for bringing his dog to an Islamic group’s anti-Israel demonstration at Queen’s Park on Saturday.
Man threatens legal action over Al-Quds arrest
A Jewish man says he’s contemplating legal action, claiming to have been arrested for bringing his dog to an Islamic group’s anti-Israel demonstration at Queen’s Park on Saturday.
Another view: 'Diplomacy has run its course'
Israelis would be justified in using military force to prevent Iran from acquiring nuclear weapons.
Israeli buzz on attacking Iran aims to pressure US
A high-volume public debate in Israel over a possible imminent military strike on Iran's nuclear facilities is designed to pressure Washington to back its ally more firmly, experts say.
War
Re: Robert W. Dingman’s Aug. 18 letter, “War and remembrance”: I remember the wars, but it is hard to do as we have, being at war almost continually since World War II.
Staten Island elected officials decry 'vile act of hatred' at site of Ramadan ceremony
Borough's elected officials weigh in after someone scattered pieces of bacon on the site of outdoor Ramadan ceremony
Indiana's leading index rises
After several stagnant months, the "leading index" for Indiana rose from 99.4 in July to 99.6 in August because of housing market gains, particularly in the Midwest.
Banned Israel Singer Rita Woos Iranians Amid Attack Fear
Arshia, a 23-year-old Tehran music- store salesman, hesitates before playing a banned download of Israel-based Rita’s Persian-language album.
Modern lessons on disappointed idealists
A recent book by an Asian observer of Asian societies breathes new life into some old(er) ideas.
Iran bans women from 77 university degree courses
Thirty-six universities in Iran have announced that a number of their courses will be "single gender" this year.
Anti-Semitic cartoon draws criticism of Austria's far-right party
An anti-Semitic cartoon posted on Facebook by Heinz-Christian Strache has sparked criticism and anger.
PH U-18 team recovers in Fiba hoop
THE ENERGEN Pilipinas bounced right back from its loss to Iran and opened its campaign in the second round with an 88-62 win over Indonesia in the Fiba Asia Under-18 Championships in UlaanBaatar, Mongolia yesterday.
Gas Prices Reach Record High
Gas prices continue to rise, setting a new record high for prices for this time of year.
Nationals begin to face tough foes in Jones Cup
The Smart-Gilas Pilipinas start a killer stretch of six straight games in as many days when they face off against South Korea in the 34th William Jones Cup today at the Taipei Physical Education College gym in Taipei
UPDATE 2-US Treasury taps prosecutor for financial crime unit
>By Rachelle Younglai and Brett WolfWASHINGTON Aug 20 (Reuters) - The U.S. Treasury has hired one of the Justice Department's top prosecutors to lead its anti-money laundering and counterterror finance unit, raising the department's profile and suggesting it will take a more aggressive approach to rooting out illicit activity...
US seizes $150 mn in Hezbollah-linked funds
US authorities on Monday announced the seizure of $150 million allegedly linked to a scheme by the Lebanese militant group Hezbollah to launder proceeds from drug trafficking and other crimes.
Gas prices may not drop
In Florida, drivers are paying about eight cents more for a gallon of regular than they were last summer, and it may stay that way for a while.
UN worried at Iran's words. And Israel's actions?
We are living in a world of confused values, where what used to be a clear-cut shade of black or white is now a murky cream or grey.
Average: 4 ( 5 votes)
Syrian opposition leader calls for no-fly zone BEIRUT (AP) — The head of Syria’s main opposition group in exile called Sunday for international powers to impose a no-fly zone in border areas to protect civilians who are coming under...
Obama warns Assad U.S. could act
WASHINGTON/BEIRUT (Reuters) - U.S. forces could move against Syrian leader Bashar al-Assad, President Barack Obama warned, notably if he deploys his chemical weapons against rebels trying to overthrow him. In some of his strongest language yet on Syria, on a day when U.N. observers pulled out after a...
USVI police arrest 3 in police shooting
Police in the U.S. Virgin Islands have arrested two men and one teenager in connection with an armed robbery and the shooting of a police chief and another officer.
Boycott summit
Iran has been defying the free world and the United Nations for years. But instead of treating Iran like the rogue state that it is, they encourage Iran by giving it a platform to spread hate.
USDA: Corn harvest ahead of schedule
This year's corn harvest is ahead of schedule with 4 percent in already compared with just 1 percent at the same time last year.
ADR Report: Shares End Lower; Bank Stocks Fall
International companies trading in New York closed lower Monday, damped by weaker bank stocks.
In Ecuador, a dissident fights extradition
QUITO, Ecuador (AP) - Less than a year ago, an Ecuadorean judge denied a request to extradite Aliaksandr Barankov to Belarus, the former Soviet bloc nation whose president has been nicknamed "Europe's last dictator."
Court: Ga. police may verify immigration status
A federal appeals court has ruled that Georgia law enforcement can check on the immigration status of criminal suspects who fail to produce proper identification.
Report: Officer removed after harassment claims
The commanding officer of a Florida-based warship was removed from the post during an overseas deployment after several female crew members alleged that he sexually harassed women aboard ship, a Navy report shows.
US seizes $150 million from Lebanese bank in laundering scheme
NEW YORK (Reuters) - U.S. authorities said on Monday that they had seized $150 million from a Lebanese bank suspected of being at the heart of international money-laundering schemes linked to the Lebanese Shi'ite group Hezbollah.
Obama: Chemical weapons in Syria are a 'red line'
(The Associated Press) WASHINGTON — President Obama said Monday the U.S. would reconsider its opposition to military involvement in the Syrian civil war if President Bashar Assad’s beleaguered regime deploys or uses chemical or biological weapons. He called such action a “red line” for the United States.
Shas Rabbi Ovadia Yosef briefed on Iran threat
Rabbi Ovadia Yosef, spiritual head of the haredi Orthodox Shas Party, reportedly has been briefed on the threat from Iran.
What Mauritius Can Teach Us About the Global Arms Trade
You'd like to set up an illegal weapons network in the post-9/11 era, but where to begin? Maybe try the idyllic island nation of Mauritius.
Rising Afghan insider attacks imperil US strategy
President Barack Obama declared Monday he is sticking to his war strategy of using U.S. troops to advise and mentor Afghan forces, even as a suddenly growing number of Americans are being gunned down by the very Afghans they...
Two Hamas spies arrested among PA chairman’s personal guards
Two agents of Hamas’ Ezz e-Din Qassam military arm were able to penetrate the handpicked security force guarding Palestinian Authority Chairman Mahmoud Abbas and spy on him for some years, debka file ’s exclusive intelligence sources report.
Oil prices dip amid Mideast, eurozone worries
NEW YORK: Oil prices eased slightly in cautious trade Monday as investors kept a close eye on Middle East tensions and the eurozone's economic uncertainties.
US eyes Iran summit of non-aligned nations warily
WASHINGTON (AP) - The Obama administration says Iran doesn't deserve to host a summit of non-aligned nations later this month but is urging foreign leaders who decide to attend to press the Iranian government comply with international demands to come clean about its nuclear program.
Iraq rejects report it is helping Iran avoid sanctions
>The U.S. government in December signed a law imposing sanctions on financial institutions dealing with Iran's central bank, the main channel for its oil revenues and the European Union has also announced a ban on Iranian oil shipments.The New York Times reported at the weekend that Iraq has...
Daniel Wagner: The Regionalization of the Syria Conflict
If there were any doubt among foreign affairs analysts and policy makers about whether the introduction of foreign influence in the Syrian conflict would lead to its gradual regionalization, that doubt has been removed. With the alleged assassination of newly appointed Saudi intelligence head Prince Bandar (in retaliation for...
Gas and oil prices inch upward
Motorists now pay more for a gallon of gas than they last summer.
Haleem a Ramadan food that crosses religious boundaries in India
Across the world there are are foods we associate with religious holidays. In the United States, it's probably Turkey on Thanksgiving. In London, you might eat hot cross buns for Easter, for example. In India, one of the most celebrated and popular religious dishes is a meat delicacy called haleem.
The state of the Jews
Former Haaretz editor-in-chief David Landau recently penned a special supplement - in The Economist, of all places - examining the state of Judaism and its adherents. Notwithstanding the optimistic tone of the report, Landau says that his main concern is the loss of a democratic Jewish majority - and Jewish...
Putinism Is the Only Religion That Matters
There was shock, if no real surprise, at the verdict against Pussy Riot on Friday. Despite whispers of leniency, I never doubted that a conviction and prison term would result.
Research and Markets: Turkey Tourism Report Q3 2012 - In 2011, Growth in Sales Revenue Was Robust At Over 40% but ...
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5bb5xf/turkey_tourism_rep) has announced the addition of the "Turkey Tourism Report Q3 2012" report to their offering. The Turkey Tourism Report examines the latest performance of the tourism sector and looks at its longterm potential. Notably, out of the top-10 source markets, there was a...
UPDATE 1-India's MRPL seeks high sulphur crude in tender
>NEW DELHI Aug 20 (Reuters) - India's Mangalore Refinery and Petrochemicals Ltd (MRPL) has issued a rare tender to import high sulphur crude for loading in October, a document showed on Monday, a purchase that may be motivated by a need to replace Iranian oil imports.Indian refiners have struggled...
The Wages of Muscular Liberalism
Remember 2008, when Obama's critics claimed he was too weak-kneed to be president? It's hard to imagine today.
Leadership means taking the reins—and sharing them
Search our Archives! Israel installed an Iron Dome anti-missile system battery outside of Eilat days after a long-range rocket attack on the city. Jamal Julani, 17, lies in his bed in Hadassah Medical Center in Jerusalem but doesn't remember anything that happened around midnight four days before.
Market overview: FTSE closes down 28 at 5,824
1630:Close New home sellers dropped asking prices by an average of 2.4% (£5,837) month-on-month in August, the largest fall for that month that property web-site Rightmove has ever recorded. Elsewhere, ...
Despite hardships, some Bedouins still feel obligation to serve Israel
Search our Archives! Israel installed an Iron Dome anti-missile system battery outside of Eilat days after a long-range rocket attack on the city. Jamal Julani, 17, lies in his bed in Hadassah Medical Center in Jerusalem but doesn't remember anything that happened around midnight four days before.
Gas prices jump on domestic supply shortage
The average price of gasoline at U.S. pumping stations has hit the highest level on record for Aug. 20 at $3.72 a gallon due to a domestic supply shortage, travel group AAA said on Monday.
Iraqis wait to see gains from country's oil boom
(The Associated Press) BAGHDAD — Iraq is fast becoming an oil producing powerhouse, but you’d never know that by looking at the faded Unknown Soldier gas station in downtown Baghdad. There’s no repair garage or mini-mart, just a cramped office with tattered vinyl couches. Horns blare as a string of...
RPT-UPDATE 1-US Treasury names new enforcer on money laundering
>WASHINGTON Aug 20 (Reuters) - The U.S. Treasury on Monday said it hired one of the Justice Department's top prosecutors to lead its anti-money laundering and counter-terror finance unit, raising the department's profile and suggesting it will take a more aggressive approach in rooting out illicit activity from U.
[Video] Tractor Sazi – Sanat Naft
[Video] Tractor Sazi – Sanat Naft Tractor Sazi 3 – 2 Sanat Naft (W5) 01′ [0-1] Sajjad Moshkelpour 11′ [1-1] Flavio Paixao 26′ [2-1] Mohammad Ebrahimi 63′ [2-2] Rouhollah Arab 90′ [3-2] Nader Bagheriha Match Highlights...
FTSE 100 movers: Xstrata leads decliners on benchmark index
Mining giant Xstrata was leading the decline on the Footsie on Monday after reports that Qatar Holding had raised its stake in the firm, adding to speculation that the investment fund is attempting to ...
John Thomas Financial Chief Economist Mike Norman Sees U.S. Economic Growth Picking Up
NEW YORK, NY--(Marketwire - Aug 20, 2012) - John Thomas Financial Chief Economist, Mike Norman , sees U.S. economic growth picking up through the remainder of the year. "With housing perking up and auto sales remaining robust, we think third quarter GDP can come in around 3.5% with...
Joint Chiefs’ Dempsey: Israel and U.S. see Iran threat differently
Search our Archives! Israel installed an Iron Dome anti-missile system battery outside of Eilat days after a long-range rocket attack on the city. Jamal Julani, 17, lies in his bed in Hadassah Medical Center in Jerusalem but doesn't remember anything that happened around midnight four days before.
Morning Crude Oil Market Report
October crude oil prices traded modestly higher during the overnight and initial morning hours, supported by hopes that European leaders might be getting closer solution to their debt
Jordan protests Syrian shelling that wounded girl
Jordan has sharply protested to Syria for artillery shelling that wounded a girl in a border village and panicked other civilians, Information Minister Sameeh Maaytah said Monday.
Afghanistan will not unravel after troop exit: NATO
Afghanistan will not unravel into a civil war after the withdrawal of NATO combat troops in two years or return to Taliban rule, a senior NATO diplomat said Monday.
Top U.S. military brass to visit Iraq
BAGRAM, Afghanistan, Aug. 20 (UPI) -- The Iraqi military may need additional development as it closes its first year without direct support from U.S. forces, the top U.S. commander said.
Iran's forces can deal 'crushing response'
TEHRAN, Aug. 20 (UPI) -- The Iranian military stands at its highest state of readiness and is prepared to offer a "crushing response" to any potential threat, a commander said.
Oil hits 3.5-month high on Middle East tensions
World oil prices rose Monday, with New York crude reaching the highest level for three and a half months on tensions between Iran and Israel, and economic recovery hopes, analysts said. New York's main ...
Sri Lanka detains 83 Australia-bound boat people
COLOMBO, Aug 20, 2012 (AFP) - - Sri Lanka's navy on Monday stopped two Australia-bound trawlers carrying 83 would-be asylum seekers in the first detection since Canberra tightened restrictions on boat people, officials said.
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