News Archive - 13 August 2014

Iran's Supreme Leader throws weight behind new Iraq PM

>"I hope the designation of the new prime minister in Iraq will untie the knot and lead to the establishment of a new government and teach a good lesson to those who aim for sedition in Iraq," Khamenei said during a meeting, according to a statement on his website.Abadi...

GLOBAL MARKETS-Stocks rise, led by Wall St rebound; copper slides

>* Copper falls more than 1 pct after Chinese data* Sterling hits 4-month low vs U.S. dollar (Updates prices, comment; changes dateline; previous LONDON)By Rodrigo CamposNEW YORK, Aug 13 (Reuters) - A global gauge of stock markets rose on Wednesday as investors were cautiously optimistic about de-escalation of conflicts...

Maliki refuses to go as Iraqis turn to new leader

>BAGHDAD (Reuters) - Nuri al-Maliki stuck to his guns and refused to accept his removal as Iraq's prime minister on Wednesday, but his hold on power was tenuous as Iran's supreme leader, a long-time Maliki ally, publicly backed his replacement. Taking to state television as acting premier, Maliki said the...

Top Math Prize Has Its First Female Winner

A Stanford University professor has become the first woman to win the world's top prize for mathematics. Maryam Mirzakhani was awarded the Fields Medal , known as the "Nobel Prize of math ," during a meeting Wednesday at the International Congress of Mathematicians in Seoul, South Korea.

GLOBAL MARKETS-Stocks firmer as oil prices plumb 13-month low

>* Brent crude oil prices fall below $103 on ample supplies* Sterling noses up before Bank of England inflation reportBy Mike DolanLONDON, Aug 13 (Reuters) - World stock markets ticked higher on Wednesday as brighter corporate results offset gloomy economic news from Asia and as oil prices plumbed 13-month lows...

US forces assess Iraq mountain refugees’ needs

US troops assessed the situation Wednesday of thousands of civilian refugees trapped by jihadists on a northern Iraqi mountain, after the United States carried out air strikes against Islamic State militants. A US military official said the small party of special forces soldiers returned safely to base. "They had contacts...

U.S. decides against rescue of Yazidis with ‘far fewer’ stranded than thought

WASHINGTON — The American military has concluded that too few Yazidi refugees remain trapped in the mountains of northern Iraq to warrant mounting a potentially ...

PRESS DIGEST - Wall Street Journal - Aug 14

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Aviation Newsletter – August 11 to 14, 2014

Tata Sons and Singapore Airlines is planning to launch their airline, named Vistara, by October, according to reports.

Column: Things Get Rough as Obama Hits the Links

President Obama must really be teed off. Hillary Rodham Clinton, his once-loyal secretary of state and his likeliest successor, has gone rogue, criticizing his foreign policy as too timid.

Clinton Hears Critics of Her Own

Washington — Hillary Clinton isn’t running for president yet, but she’s already learning that it’s not easy running away from her former boss, even if he’s unpopular.

MIDEAST STOCKS - Factors to watch - August 14

>INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Asia shares up as investors bank on more stimulus* Brent rises on supply risks, U.S. crude down as stockpiles build* Gold retains gains on soft U.S. data, safe-haven demand* MIDEAST STOCKS-Kuwait Food hits record high after Savola starts takeover talks* Renewed Israel, Palestinian truce off to...

007's greatest weakness? Not girls or martinis but a boiled egg: On the 50th anniversary of Ian Fleming's death, the ...

James Bond is a man particular in his tastes. He doesn’t just have his martinis ‘shaken not stirred’. He has them made with three measures of gin, one of vodka and half...

Washington Post and Huffington Post Reporters Arrested Amid Violent Ferguson Protests

Two journalists were arrested in Ferguson, Missouri Wednesday while covering growing unrest sparked by the shooting death of unarmed African-American teenager, Michael Brown. Huffington Post reporter Ryan Reilly and Wesley Lowery of the Washington Post were inside a McDonald's working on their stories, when police asked them to leave, according to the journalists’ Twitter...

Obama golfing as the world burns

President Barack Obama must really be teed off.

Madame who served up sin to the A-list: She ran the world's most exclusive brothel.

Between 1955 and 1977, her exceptionally discreet establishment in Paris was awash with the rich, famous, infamous and well-connected, writes JANE FRYER.

'Fifi Howls From Happiness' ventures into artist's exile

As the artist strives to shape the world around him or her, and sometimes simply survive the times, the matter of posterity can become naggingly elusive.

Nothing But Gold: First Woman Wins Math's Nobel Prize

My personal interest in the field of mathematics was pretty much non-existent until this week when Iranian-born Maryam Mirzakhani became the first woman ever to win the prestigious Fields Medal, considered to be the equivalent of mathematics' Nobel Prize. That fact is also something I had no idea about until...

US forces land in Iraq to plan Yazidi escape

Obama administration forced to defend itself against accusations of mission creep

Kerry eyes US-China partnership despite tensions

HONOLULU (AP) - Despite tensions and a clear but officially unacknowledged rivalry, improving U.S. cooperation with China is critical to maintaining stability and security in the Asia-Pacific as well as combating the effects climate change, U.S. Secretary of State John Kerry said Wednesday.

Seib Video: Where Hillary Clinton Splits With President Obama on Foreign Policy

Former Secretary of State Hillary Clinton is striking a foreign-policy position that is harder and more interventionist across the board than the one President Obama has taken. Washington Bureau Chief Jerry Seib explains the three areas where there are real differences in their views.

Maliki Abandoned by Own Party in His Bid to Retain Power

Iraqi caretaker Prime Minister Nouri al-Maliki’s effort to remain in office was repudiated by his own political bloc, leaving him isolated after a similar rejection by the U.S., Iran and Iraq’s top Shiite cleric.

Is the Iraqi Dinar Investment a Wise Investment?

The Iraqi dinar is a hot investment--but is it a wise one?

UN says Iraq humanitarian crisis at highest level

BAGHDAD (AP) - The United Nations on Wednesday called its highest level of emergency for the humanitarian crisis in Iraq, where hundreds of thousands have been driven from their homes and tens of thousands have been trapped in a desert mountain by the advance of Islamic militants across the north...

Has the Iraqi PM outstayed his welcome?

Nouri al-Maliki remains defiant in the face of increasing isolation and international pressure to step down.

How Money Warps U.S. Foreign Policy

The key divide on America’s role in the world is no longer between Democrats and Republicans. It’s between elites and everyone else.

Tom Engelhardt

The carnage in the Gaza Strip has been horrendous: more than 1,900 dead, mainly civilians; its sole power plant destroyed (and so electricity and water denied and a sewage disaster looming); 30,000 to 40,000 homes and buildings damaged or destroyed; hundreds of thousands of residents put to flight with nowhere...

Susan Mercandetti Leaves ABC News Again

Susan Mercandetti is leaving ABC News to start her own media consulting company. Disney/ABC and Univision are among her first clients — as is Fusion , the digital TV network that's a joint venture between Disney/ABC and Univision; Mercandetti was instrumental in creating Fusion. When she rejoined ABC News in...

World Awash in Oil Shields Markets From 2008 Price Shock

Fighting across Iraq, Libya, Ukraine and Gaza, and an accelerating economy, should mean higher oil prices. Six years ago, oil soared to a record $147 a barrel as tension mounted over Iran's nuclear program and the world economy had just seen the strongest period of sustained growth since the 1970s.

A Look East energy policy

Prime Minister Narendra Modi’s visit to Nepal received unusually complimentary coverage on two successive days, in the New York Times , which rarely, if ever, is complimentary of India’s relations with its South Asian neighbours.

Iraq's Maliki says will not quit without court ruling

Iraq's caretaker premier Nuri al-Maliki said Wednesday it will take a court ruling for him to leave power, defying the president's decision to task a rival with forming a government. "I confirm that the government will continue and there will not be a replacement for it without a decision from...

Swiss agree to extend some sanctions on Iran until mid December

>In a statement, Switzerland's cabinet said it was following the lead of the European Union, which agreed on July 21 to maintain a suspension of sanctions until Nov. 24.The Swiss originally lifted a ban on precious metal trade with Iranian public bodies in January. It has also eased restrictions...

France to supply Kurds with arms ‘in coming hours’

US sends more military personnel to Iraq to to assess situation of trapped Yazidi

Iraq PM warns of more turmoil if replaced

BAGHDAD (AP) — Iraq's Prime Minister Nouri al-Maliki said Wednesday he will not relinquish power until a federal court rules on what he called a "constitutional violation" by the president to replace him with a member of his own party.

Capital Journal: U.S. Weighs Rescue Mission in Iraq | Seeing Double on Alaska Ballot | Obama’s Telephone Diplomacy

The Journal's morning rundown of the biggest news stories and exclusive features from Washington on politics, policy, financial regulation, defense and more.

Israel’s self-defeating “victory”: How peace was squandered in Gaza

If Hamas emerges as the true winners of the 2014 invasion, Israel and the U.S. will have only themselves to blame

Iraq Update: France Will Arm Kurds; More Refugees Leave Mountain

France says it will deliver weapons to Iraq's Kurds "in the coming hours," moving quickly after the European Union voted to allow such operations.

'Horrible Stories' Of Iraqis Fleeing Extremists

The US has sent 130 more military advisers to northern Iraq to assess the scope of the humanitarian mission, as the plight of families displaced by Islamist extremists deepens. Defence Secretary Chuck Hagel said the soldiers had been sent to northern Iraq to develop additional humanitarian assistance options beyond the...

10 Things to Know for Today

Cairo's proposal calls on Israel to ease its siege of the Gaza Strip but stops short of including Hamas' demand for a full lifting of the blockade. Nouri al-Maliki has lost the support of Iraqi politicians, the international community and Shiite powerhouse Iran.

Maliki says Abadi's appointment as Iraqi PM 'has no value'

>In a televised speech, Maliki said everyone should accept a pending federal court ruling on an objection he filed against Abadi's appointment, and said his government would continue until a final decision was made. Abadi won swift endorsements from the United States and Iran on Tuesday as he called on...