News Archive - 9 May 2012

Roadside bomb hits Syrian military truck, wounds 6 soldiers

An explosion has wounded at least six Syrian soldiers escorting the United Nations monitors in the town of Daraa. The incident occurred on Wednesday after a roadside bomb hit a Syrian military truck just seconds after a convoy carrying the head of the UN observer mission passed by. The blast...

IRI renews call for int'l disarmament

Permanent IRI Ambassador to IAEA Ali-Asqar Soltaniyeh renewed IRI's call for an international nuclear disarmament under the NPT treaty. Soltaniyeh was speaking at a meeting of the preliminary session of the nuclear Non-Proliferation Treaty Revision Conference Wednesday. “If the NPT would be fully implemented it can affect the international peace...

Israel main obstacle to nuke-free Mideast

Iranian Foreign Minister Ali Akbar Salehi says Israel’s continued refusal to join the nuclear Non-Proliferation Treaty (NPT) remains the main obstacle against the realization of a nuke-free Middle East. “The stubborn refusal of the Zionist regime [of Israel] to join the nuclear Non-Proliferation Treaty is still the main obstacle in...

PG states must avoid US-Zionist plot

An Iranian naval commander warns that if the Arab countries in the Persian Gulf agree to a proposed plan by Washington for a missile shield in the region, they amateurishly join a US-Zionist plot. Ali Razmjou warned the regional countries that cooperating with the US in the missile shield plan...

FM deplores non-observation of NPT Article XI

Iran's Foreign Minister Ali-Akbar Salehi on Wednesday deplored non-observation of Article XI of the Nuclear Non-Proliferation Treaty that calls for elimination of nuclear weapons. Addressing a meeting of the Non-Aligned Movement (NAM) foreign ministers in the Egyptian resort city of Sharm el-Sheikh, Salehi said efforts should be made to force...

Iran stable source of energy for India

India says it regards Iran as a stable source of energy for its growing demands as Washington urges New Delhi to decrease oil imports from Tehran. India's Deputy National Security Advisor Latha Reddy made the comment in a meeting with Deputy Secretary of Iran's Supreme National Security Council Ali Baqeri...

US target remains removal of Assad: Rice

The United States is determined to increase pressure on Syria's President Bashar al-Assad to make him stand down, the US envoy to the United Nations said Tuesday. "The situation in Syria remains dire, especially for the millions who continue to endure daily attacks and are in urgent need of humanitarian...

UPDATE 1-Brent drops below $113 after China trade data

>* Euro zone govts agree to 5.2 bln euros payment to Greece* U.S. crude stocks up 3.65 mln bbls last week - EIA (Adds China trade data)By Francis KanSINGAPORE, May 10 (Reuters) - Brent crude slipped below $113 on Thursday, after weaker-than-expected Chinese trade data that raised...

NYMEX-Crude steady below $97; Greece payment eases euro zone fears

>FUNDAMENTALS* On the New York Mercantile Exchange, June crude slipped 3 cents to $96.77 a barrel by 0050 GMT, after settling down 20 cents to $96.81 on Wednesday.* The board of the European Financial Stability Facility agreed on Wednesday to make a payment of 5.2 billion...

Daoud Kuttab: Is Mofaz-Netanyahu Deal Really Good for Peace?

There is no doubt that if he chooses to make serious concessions for peace, the new coalition will make his efforts easy, but the question is, does the Likud leader want to make these concessions?

NYMEX-US crude ends lower as crude inventories up

NEW YORK, N.Y. - The price of oil fell Wednesday for a sixth day as the U.S. government reported that crude supplies are the highest in 22 years. Benchmark U.S. oil gave up 20 cents to finish at US$96.81 per barrel in New York. The six-day...

Putin promises a strong Russia on world stage

>MOSCOW (Reuters) - President Vladimir Putin, speaking in Moscow's Red Square with military generals at his side, said he would promote Russia's might on the world stage in a patriotic speech on Wednesday glorifying the Soviet victory over Germany in World War Two. Two days after being sworn in for...

Exclusive: Syria buys grain via Lebanon to beat sanctions

>HAMBURG (Reuters) - Syria is importing significant volumes of grain via Lebanon to work around western sanctions and secure vital supplies, European traders told Reuters. The trade is not illegal because food imports are not included in sanctions imposed by the European Union, the United States and other Western countries...

India's Supreme Court orders gov't not to reintroduce cheetahs

New Delhi, May 10 (Xinhua-ANI): India's Supreme Court has ordered the central government to suspend a move to reintroduce the cheetah which has been hunted to extinction in the sub-continent, local media reported.

Toronto Islamic school’s anti-Jewish books came from Iran

A Toronto Islamic school’s teaching materials, which have prompted a police hate crimes investigation because of their portrayal of Jews, were originally published by Iranian organizations, records show

Down goes gas, a running diary on prices

By: Armand Resto So much for pointing fingers and biting nails — again, we’re shown one American can’t control gas prices. ...

Candidates for Congress lock horns at CLU forum

By Darleen Principe darleen@theacorn.com The six candidates running for the new U.S. read more

India Ink: Jewelry With a Glimmer of Rock Star

Jade Jagger held her first fine-jewelry trunk show in India.

Oil sovereignty

India has done well to gently rebuke US attempts to force it to reduce oil imports from Iran. While it is in India's interest to prevent the Islamic Republic from acquiring nuclear weapons capability, which can potentially set off an arms race in an already sensitive West Asian region, this...

Former District Clerk Gilbert Sanchez is moved to prison in Texas

Gilbert Sanchez, the former El Paso County district clerk convicted last year of conspiracy charges, has been transferred to a federal prison in Fort Worth, prison records show.

Packed house hears from House hopefuls

By Darleen Principe darleen@theacorn.com The six candidates running for California’s new 26th Congressional District seat staked their ground on a number of important issues during a public forum on Monday at California Lutheran University. read more

Chen's exit from China would leave hole in human-rights activism

U.S. influence on human rights in China is smaller than we'd like.

Indonesian air force official tells TV network wreckage found of Russian jet carrying 48

Wednesday, May 9, 2012 MOSCOW — The demonstration airplane for a Russian-made passenger jet — the first new model to be produced in Russia since the Soviet Union collapsed — vanished Wednesday during a 50-minute flight, in a crushing blow to an aerospace industry eager for revival. The Sukhoi Superjet...

Bad omens for Bam

When conservative commentator Pat Buchanan garnered 37 percent of the vote as a protest candidate against the sitting Republican president in the 1992 New Hampshire primary, his showing was a clear harbinger of George H.W. Bush’s defeat nine months later. So what are we to make of the...

Experts warns of suspected Iran's clean-up operation at nuclear site

Tehran, May 9 : Experts have warned that Iran has allegedly carried out a clean-up drive at a building suspected of being used for experimenting nuclear weapons at the Parchin site outside Tehran.

CORRECTION : Putin will skip G8 meeting, White House says Eds: Corrects G8 meeting dates in graf 1

Washington (dpa) - Russian President Vladimir Putin will not attend the Group of Eight meetings May 18-19 at President Barack Obama‘s mountain retreat outside Washington, the White House said Wednesday.Putin and Obama spoke via telephone, and the newly elected Russian leader said his responsibilities in finalizing his cabinet would...

House panel OKs missile defense site on East Coast

The House Armed Services Committee on Wednesday backed construction of a missile defense site on the East Coast, rejecting Pentagon arguments that the facility is unnecessary and Democratic complaints that the nearly $5 billion project amounts to wasteful spending in a time of tight budgets.

New Russian aircraft vanishes during flight

MOSCOW -- The demonstration airplane for a Russian-made passenger jet -- the first new model to be produced in Russia since the Soviet Union collapsed -- vanished Wednesday during a 50-minute flight, in a crushing blow to an aerospace industry eager for revival.

Nepal breeze into s-finals

By Devinder Singh 0 comments NEPAL advanced to the semi-finals of the ACC Under-16 Elite Cup after a comfortable 167-run win over Iran in a Group B match at the Bayuemas Oval in Klang yesterday. That has set up a tantalising top-of-the-table clash ... Read

Economy & Trade

The economy in both Middle East and North Africa can be described as tremendously diverse.

Oil & Energy

Oil and energy industry is the backbone of the Middle East and North Africa economic area. The MENA countries have some of the most productive oil fields in the world and produce about half of the world's oil needs each year.

Twitter, Facebook users react to President Obama's endorsement of gay marriage

In an ABC News interview May 9, president Barack Obama voiced his opinion on the much-debated topic of gay marriage, endorsing it and explaining the "evolution" of his position.

Better brain research will make a better world: Israeli President Shimon Peres

TORONTO - To hear Israeli President Shimon Peres tell it, broader brain research is vital to a better future.

Defense leaders push US to sign sea treaty

Top defense leaders argued Wednesday for the U.S. to ratify a long-debated treaty governing ocean rights in order to bolster the nation's national security interests in the Asia-Pacific region and other key global waters.

WAIT: Does The New Israeli Coalition Mean War With Iran Is More Likely Or Less Likely?

In a move that surprised everyone, Israel’s Prime Minister Benjamin Netanyahu dissolved his government and called for early elections last week. Then came the double whammy: on Tuesday, Netanyahu cancelled elections and announced a new coalition government with the opposition Kadima party.

Review: Sabzi Persian Chelow Kabab

Persian classics and outstanding kebabs From the point of view of fine dining, a key benefit of America's foreign interventions is the stream of incoming refugees and immigrants with slow-food-cooking skills. I AM CURIOUS (CHELOW) This type of saffron-flavored Persian rice is the perfect backdrop for Sabzi's sizzling kebabs. From...

‘New activity’ seen at Iran military site

A US security institute says commercial satellite imagery shows new activity at an Iranian military site which raises concern that the country may be “washing” a building the United Nations’ nuclear agency wants to inspect.

Iran hopes private oil exporters will dodge sanctions

Iran has authorized private Iranian exporters to sell up to 20 percent of its crude exports in a move intended to help skirt international sanctions.

Lugar's bipartisan spirit helped ensure US security

Commentary: Senator's cooperation with Democrats should be source of pride for Republicans. Instead, it caused Lugar's downfall. By Graham Allison CAMBRIDGE, Massachusetts — Yesterday was a dark day for the United States. When Richard Lugar lost the Republican primary election, not only did Indiana lose its senator of 35 years,...

Fed survey shows some cabbies were doctors

The urban legend is alive and well -- there really are Toronto cabbies who were physicians at home in their native lands.

Ustream outage due to DDoS aimed at citizen journalist

Hackers target streaming of anti-Putin protests with attack, Ustream says.

Did Russian Authorities Shut Down a US Company?

Ben Jacobs and Anna Nemtsova on how attackers targeted Ustream

Much pomp marks Queen Elizabeth II's speech

Queen Elizabeth II laid out the British government's plans for the coming year in a speech Wednesday marked by pomp and tradition.

Frost & Sullivan Hosts Analyst Briefing: Cyber Security -- The Road Ahead

- Discerning the impact of cyber threats in the next-generation enterprises- WHEN: 16 May 2012 at 2pm BST- WHERE: Online, with free registration- PRESENTER: Karthik Sundaram, Senior Research AnalystLONDON, May 9, 2012 /PRNewswire/ Post 2010, …

House votes to renew charter of Ex-Im Bank

WASHINGTON (AP) — The House of Representatives voted Wednesday to extend the life of the Export-Import Bank, culminating a struggle that has split Republicans between pro-bank business groups and anti-big government conservatives seeking to have it dismantled.

Microsoft Patches 23 Bugs In Update

Microsoft sent out over 20 security fixes across several of its software platforms as part of May's Patch release on Tuesday. Three of the 23 security patches released were rated as "critical," while four were listed as "important," the company wrote in its Security Bulletin summary . "This advance notification is...

Oil drops for 6th straight day, settles below $97

NEW YORK -- The price of oil fell Wednesday for a sixth day as the U.S. government reported that crude supplies are the highest in 22 years. Benchmark U.S. oil gave up 20 cents to finish at $96.81 per barrel in New York. The six-day drop is...

Can War Torn Syria Avoid Total Chaos?

Yesterday UN-Arab League envoy Kofi Annan said that war torn Syria is running out of options, and risks descending into "full civil war." "We cannot allow that to happen," he added. Annan's statement . . .

Israel's coalition government: Israeli and Arab media react

Israeli Prime Minister Benjamin Netanyahu surprised Israel (and its Arab neighbors) when he announced the creation of a unity government on May 8. Joining forces with the centrist Kadima party, Mr. Netanyahu secured a larger majority in the parliament, giving himself more leeway to pursue potentially controversial policies. The following...

Opposition to Iran war gains momentum

Although the Israeli leaders have historically demonstrated that they are insane and reckless enough to commit such a malicious and lethal blunder as launching a military strike on Iran, the international opposition to war against Iran is progressively gaining momentum.

Analysis - Italy local vote result dims reform prospects

ROME (Reuters) - The results of last weekend's local elections in Italy are likely to weaken Prime Minister Mario Monti and make it harder for him to push through unpopular reforms to shield the country from a worsening euro zone debt crisis. Related Stories Artist builds "Berlin wall" dividing rich...

10,000 rials per liter is best price for gasoline: MP

TEHRAN, May 9 (MNA) - MP Gholam-Reza Mesbahi-Moghaddam says now that Iran is entering the second stage of the subsidy reform plan, the most appropriate price for a liter of petrol is 10,000 rials (about 82 U.S. cents).

Poll: Support for Afghan war has reached a new low

Support for the war in Afghanistan has reached a new low, with only 27 percent of Americans saying they back the effort and about half of those who oppose the war saying the continued presence of American troops in Afghanistan is doing more harm than good, according to an AP-GfK...

Security of industrial control systems questioned at DHS conference

Operators of America's vital power, water and manufacturing facilities use industrial control systems (ICS) to manage them, and the security of these systems, increasingly linked with Microsoft Windows and the Internet, is now under intense scrutiny because of growing awareness that they could be attacked and cause massive disruptions.

UCO, 4 Iranian banks settle trade payments in rupees

India and Iran have found a way out for settling delayed trade payments. UCO Bank and four Iranian banks, including the Persian Bank, are settling payments in rupees.

Frankfurt Stock Exchange quotations

Frankfurt (dpa) - Frankfurt Stock Exchange closing prices in euros on Wednesday at 1555 GMT. In brackets the index/price movement against previous quotation:DAX 6,475.31 (+ 30.57) MDAX 10,446.59 (+ 30.29) Adidas 61.48 (+ 1.12) Allianz 83.69 (+ 0.46) BASF 57.57 (+...

Does Secretary Of State Clinton Care About Her Appearance?

KHQ.COM  - Hillary Clinton made major headlines on her trip through Asia, while she managed to avert a full out diplomatic crisis between America and China over a blind dissident and pressed India to reduce its oil imports from that rogue nation Iran.

UPDATE 2-Cautious European refiners cut April stocks

> Energy Related Quotes and News Company Price Related News...

Syrians' plight touches Turkey's "Little Afghanistan"

>OVAKENT, Turkey (Reuters) - When Abdul Maraf Yildiz looks at the thousands of Syrian refugees flooding across the border into southern Turkey, he sees himself, 30 years ago. Yildiz was only two in 1982 when his family fled the Soviet occupation of Afghanistan and found sanctuary in Hatay, the Turkish...

"Bearish" Gold Hits 4-Month Low as Markets Fear Greek "Knock-On Effects"

SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell and US Treasuries gained, with Greek uncertainty continuing to cast...

Book Grocer: 9-15 May

Book, poetry and spoken word events in London this week Wednesday: Mark Thomas tells about his adventures walking the Israeli Separation Barrier , at Canada Water Culture Space (7.30pm, £10 / £8). AL Kennedy, Jamie McKendrick, Andrea Stuart, Adam Foulds and John Freeman launch the latest issue of Granta...

New Israel govt could strengthen PM over Iran: Analysts

JERUSALEM (AFP) - Israel's new unity government may strengthen the position of Benjamin Netanyahu ahead of a possible attack on Iran, analysts say, despite the fact the move was motivated by internal political issues. Related Stories Pressure builds on France's Hollande over EU debt plans Australia's plans to cut aid...

Surge in Production Capacity and Bio-Fuel Applications Drives the Global Methanol Market, According to New Report by ...

GIA announces the release of a comprehensive global report on Methanol markets. The global market for Methanol is forecast to reach 61.7 million metric tons by the year 2017, stimulated by increase in production capacity worldwide, infusion of substantial investment and entry of new players in the market. In...

Abbas: Iraq must start with two wins

Experienced defender Bassim Abbas speaks to FIFA.com about his past and future at club level, the success of Iraq’s golden generation, what new coach Zico has brought to the squad and their chances of reaching Brazil 2014.

Israel: Iran Must Commit to Stop All Enrichment

Israel is accusing Iran of "playing for time" in negotiations over its nuclear program with the international community, and says an upcoming round of talks can only succeed if the Iranians agree to halt all uranium enrichment.

Oil keeps sliding: Down 9% in 6 days

NEW YORK (CNNMoney) -- Oil prices extended their slide Wednesday, shedding an additional 0.7% amid renewed concerns about Europe and the global economy.

TEXT-Fitch afrms UCO Bank at 'Fitch AA(ind)'; cuts hybrid debt

>May 09 - Fitch Ratings has affirmed India-based UCO Bank's (UCO) National Long-Term (LT) rating at 'Fitch AA(ind)' with a Stable Outlook. The agency has simultaneously downgraded the bank's perpetual Tier 1 and upper Tier 2 debt instruments to 'Fitch A-(ind)' from 'Fitch A(ind)'. A full rating breakdown is provided...

Moody's cuts Israel's banking outlook to negative

Moody's said the downgrade is due to a slowdown in growth and regional tensions.

Delhi - [ Min 28.4 °C

The Supreme Court has halted a plan to re-introduce cheetahs to the country by shipping animals over from Africa after experts said the idea was "totally misconceived".

Algeria: Hope Dwindles Ahead of Elections

[IPS] Algiers - "Is that your photo on the poster?" a policeman asked a woman standing in front of an electoral campaign board in Algiers. "Why do you ask?" she inquired. "Because only the candidates are interested in these elections," he replied.

05/09/2012 09:30 IRAN - UN Tehran, UN atomic inspector killed in car accident

» Slovak official also injured. The car overturned just ahead of inspection of Khondab nuclear site. Israeli threats increase the price of oil to 126 dollars per barrel. Expectations ahead of meeting between Tehran and world powers in Istanbul on 23 May.

Report: Syrian rebel leader threatens attacks

A pan-Arab newspaper is reporting that Syria's rebel leader has threatened to resume attacks because the government has not honored a cease-fire.

Irish Exclusive: Watch Argo trailer

Directed by and starring Affleck, and also starring Alan Arkin, Bryan Cranston and John Goodman, Argo tells the story of the efforts to rescue six in-hiding Americans during the Iran hostage crisis, with Affleck playing Tony Mendez, the CIA "exfiltration" specialist with a so-crazy-it-just-might-work plan.

U.N. envoy warns of civil war in Syria

DAMASCUS, Syria (AP) -- International envoy Kofi Annan gave a bleak assessment of the crisis in Syria on Tuesday, saying violence remains at "unacceptable levels" and warning that his peace plan is the country's last chance to avert a disastrous

India Ink: Mood Upbeat on Iranian Trade Tour of India

Dozens of Iranian businessmen, searching for deals and trade agreements, are touring India this week.

Netanyahu takes control in Israel with unity deal

JERUSALEM (AP) -- Now backed by a parliamentary supermajority, Benjamin Netanyahu has tremendous room to maneuver on Israel's most pressing issues: peace with the Palestinians, possible war with Iran, and the growing rift at home between religious

How nuclear can Israel be?

Imagine a world plunged in darkness and extreme cold with the sunlight screened off by a thick pall of dust cloud. Imagine a world flung back into chaos. This is an image conceived of a world abandoned to dereliction by doomsday weapons.

Brent slips on Greece jitters, high US oil stocks

>SINGAPORE (Reuters) - Brent crude slipped towards $112 on Wednesday, on track for its longest losing streak in almost two years, as political uncertainty in the debt-laden euro zone and rising oil stocks in the United States revived worries about fuel demand. In Greece, a highly fractured parliament struggled to...