News Archive - 13 August 2012

TEHRAN, Iran (AP) — Iran has raised the death toll from Saturday's twin earthquakes to 306, a day after rescuers called off the search for survivors. Heath Minister Marzieh Vahid Dastjerdi told a session of parliament Monday that the number jumped by about 50 after victims expired in the hospital.

PART 1 More to be uploaded soon…

>* U.S. crude stocks seen down on lower imports, falling for third week* Brent looks neutral in $113.14-$114.68 range -technicals* Coming Up: Germany Q2 GDP flash estimate; 0600 GMTBy Manash GoswamiSINGAPORE, Aug 14 (Reuters) - Brent futures held steady above $113 on Tuesday as investors awaited GDP...

>MOSCOW (Reuters) - Russia sharply criticized new U.S. sanctions against Iran on Monday, saying the measures to punish banks, insurance companies and shippers that help Iran sell its oil would harm Moscow's ties with Washington if Russian firms are affected. Russia, which has long opposed sanctions beyond those approved...

>* Bank, New York regulators talked settlement amount-sources* Bank prepares hearing to defend New York license Wednesday* Bank awaits details of NY hearing plans* CEO Peter Sands remains in UK* Shares up 1.5 percent as hopes rise for resolutionBy Carrick Mollenkamp and Matt ScuffhamNEW YORK/LONDON, Aug 13 (Reuters) -...

>* Officials say relief efforts have been speedy* Ahmadinejad leaves for official visit to Saudi Arabia* State TV criticised for underplaying gravity of disaster (Adds vice-president's visit, OCHA quotes, details)By Yeganeh TorbatiDUBAI, Aug 13 (Reuters) - Iran's government faced criticism on Monday over its response to two earthquakes that killed...

Deadly quakes in Iran on Saturday killed more than 300 people and wounded thousands. by Kristin Deasy, GlobalPost Iranian health officials today raised the death toll for Saturday's deadly earthquakes to at least 306 people killed and over 3,000 injured as the search for bodies continues in the country's north-west,...

>DUBAI (Reuters) - Overcrowded hospitals in northwest Iran struggled to cope with thousands of earthquake victims on Sunday as rescuers raced to reach remote villages after two powerful quakes killed nearly 300 people. Thousands huddled in makeshift camps or slept in the street after Saturday's quakes for fear of more...

>Ahmadinejad, speaking to reporters before he departed for Mecca to meet with leaders of the Organization of Islamic Cooperation (OIC) states, said the emergency meeting would be a chance for Iran to express its opinions, though he did not say specifically which issues Iran would discuss.Riyadh's King Abdullah invited...

Reliance Infra. | Hindalco Inds. | Larsen & Toubro | Piramal Enterp. Crude oil futures are trading higher in Asia session today boosted by an expected crude supply cut in the North Sea and intensifying talk of an Israeli military strike against Iran.

BENNER Twp. — On the day after he graduated from Iowa State in 2010, Jake Varner packed his v

Allegations of corruption and political machinations involving the MTN Group and the government of Iran have resurfaced - this time in US politics.

August 14, 2012 10:09 am Chon Buri - A 52-year-old Norwegian tourist and a Thai woman were killed when their motorcycle crashed into a bridge over the Chon Buri-Bangkok highway early Tuesday, police ...

Deloitte chief executive Joe Echevarria fought back against allegations that his firm helped Standard Chartered hide transactions with Iran, saying ch...

Thailand first participated in the quadrennial sports spectacle in the 1952 Helsinki Games and since then has won a total of 21 medals, mostly in ...

>NEW YORK (Reuters) - Deloitte LLP Chief Executive Joe Echevarria on Monday fought back against allegations that his firm helped Standard Chartered hide transactions with Iran, saying charges by the top New York state banking regulator were "distortions of the facts." Echevarria, CEO since June 2011, defended Deloitte in...

In picking House Budget Chairman Paul Ryan for the vice presidential slot, Mitt Romney signaled a disinterest in filling his own gap in foreign policy experience – as well as a likely avoidance of international affairs as a major topic in the presidential race, observes ex-CIA analyst Paul R. Pillar.

New York, Aug 12 2012 - Secretary-General Ban Ki-moon today said he was deeply saddened by the loss of hundreds of lives and the destruction caused by the earthquakes that struck northwestern Iran on Saturday afternoon.

SHAY GIVEN appeared to catch the Ireland manager Giovanni Trapattoni completely by surprise with the announcement that he has decided to retire from international football after 16 years, two major championships and 125 appearances for his country.

Iraq's oil output now stands at 3.2 million barrels per day, outpacing neighbouring Iran.

Plans to transfer asylum-seekers who arrive in Australia by boat to Pacific states for processing won crucial support Tuesday, even as the opposition said it came too late to prevent lives being lost.

>Anuhui Conch Cement, CLP Holdings and China Power are among a bunch of companies expected to post first half earnings later on Tuesday.On Monday, the benchmark Hang Seng Index closed down 0.3 percent at 20,081.4. The China Enterprises Index of the top Chinese listings in Hong Kong...

>BIG RACE FOR PARALYMPIC TICKETSThe Paralympic Games are set to become an historic sell-out as fans gripped by Olympic mania scramble for the last tickets.PWC BEGINS FIGHT TO SAVE ITS REPUTATIONThe City of London's accountancy watchdog opened a formal investigation into PwC and its auditing of RSM Tenon on...

>* Commodity index CRB falls for second day after 3-mo high* Risk markets tip lower after Japan, China data disappoint* Grains biggest losers as rains, harvest sap drought rally* Oil resists downtrend due Israel/Iran risks, N.Sea supplyNEW YORK, Aug 13 (Reuters) - Pumped up grain prices led a broad...

Russia has lashed out at the United States over illegal unilateral sanctions imposed against Iran, calling the measures “overt blackmail” and a "crude contradiction of international law."

Dichter will likely resign from the Knesset on Tuesday - his appointment is will be approved by the government on the same day.

Standard Chartered is discussing a settlement with US regulators ahead of tomorrow's preliminary hearing before the New York State Department of Financial Services (DFS), which last week alleged it had laundered $250bn (£159bn) of money from Iran.

CAIRO — A month ago, as President Mohamed Morsi was sworn in, Egyptians who loved and loathed him could agree on one fact: The Islamist would be a relatively powerless leader. But just weeks into his tenure, the man who was until recently widely regarded as a charmless, accidental president...

The global oil price spiked upwards yesterday as fears grew of a looming conflict between Israel and Iran and constraints on supply started to bite.

SERI Pacific Hotel Kuala Lumpur embraces the spirit of Ramadan with the distribution of 1,000 cartons of bubur lambuk to the public at the hotel’s entrance recently.

NEW YORK: British bank Standard Chartered (StanChart) is hoping to reach a settlement within days over charges it hid transactions tied to Iran and is set to resume talks with US regulators, sources familiar with the situation said.

A Navy destroyer that collided with a Japanese oil tanker off the coast of Iran on Sunday was under the command of a sailor from Guam.

Tight supplies of crude from Europe's North Sea Monday boosted the price of Brent futures, the continent's benchmark contract, while the U.S. oil benchmark posted a loss.

OPEC crude output fell for a second month in July as Saudi Arabia cut production and Iran pumped less than Iraq for the first time in at least 20 years.

Syrian rebels claimed they downed a fighter jet Monday in what would be a major coup for the opposition, but the regime seized the upper hand in Aleppo as it advanced into a new rebel-held district.

Simon says the GOP base likes Ryan and that's all that matters.

QUETTA, Pakistan: At least 12 people were wounded when a bomb hidden under a cot exploded near a restaurant where people had gathered to celebrate Pakistan's Independence Day in Baluchistan late Monday, police said.

ALEPPO, Syria (Reuters) - Syria's rebels were jubilant on Tuesday, claiming to have shot down a jet and captured its pilot, an apparent victory against the overwhelmingly superior firepower of President Bashar al-Assad's forces. Video uploaded onto the Internet on Monday showed the jet bursting into flames as it streaked...

JEDDAH (Reuters) - Foreign ministers at a meeting of the Organisation of Islamic Cooperation (OIC) agreed on Monday to suspend Syria from the international body, an OIC source said, further isolating President Bashar al-Assad. "The session just ended. The ministers adopted the resolutions, including the suspension of Syria," the source...

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Beyond the depletion of aquifers in California's Central Valley or the Upper Ganges of India and Pakistan, a new study shows severe stresses in Iran, western Mexico and Saudi Arabia.

International human rights groups are rallying in hopes of heading off punishment of a woman facing prison for her role in a women's rights protest in Iran. Delaram Ali, 24, was ordered to be flogged Saturday and start a 2 1/2-year prison term after joining a 2006 protest calling for...

Syrian rebels circulated dramatic video Monday of what they claimed was the downing of a warplane and armed men later holding the captured pilot who ejected as the MiG fighter was engulfed by flames. Syria acknowledged a pilot bailed out of a disabled plane but blamed the crash on a...

Abstract: A domestic asymmetric attack employing chemical, biological, radiological, nuclear, and high explosive (CBRNE) weapons would likely produce a large number of U.S. casualtie s . U.S. Northern Command—the command responsible for responding to such an attack—is not operationally prepared to address this foreseeable threat.

The Non-Aligned Movement (NAM), with 118 member states and 21 observer states, is a group of nations who do not consider themselves to be formally aligned with or against any power bloc -- neither East nor West. Their mission is the pursuit of national independence, sovereignty, territorial integrity and...

Energy ETFs have been the market’s best-performing sector the past month thanks in part to rising oil prices. Energy Select Sector SPDR (NYSEArca: XLE) was up 11.4% for the month ended Aug. 10, while iShares ...

Offensive tackle Tra Thomas will retire as a member of the Philadelphia Eagles on Thursday.

BRUSSELS (Reuters) - A Belgian lawyer said on Monday he had launched an inquiry into a new case of alleged sexual abuse by the former bishop of Bruges, Roger Vangheluwe, who has already admitted to having abused his under-age nephews. Related Stories Russia says new U.S. sanctions on Iran...

Iran’s largest car maker Iran Khodro (IKCO) is planning to export some 15,000 cars to Russia, Kazakhstan, Turkmenistan and Belarus by the end of the year, the semi-official ISNA news agency said on Monday, quoting company head Javad Najmeddin.

Refining issues and higher crude prices have lit a fire under gasoline prices and could push them above $4 a gallon in more parts of the U.S. in the next few weeks.

If competing as a separate country, former and current UT athletes would have ranked in a tie for 13th in number of gold medals earned. AUSTIN, Texas -- Ten former University of Texas student-athletes accounted for a total of 13 medals, including six gold, during the 2012 London Olympics.

(Reuters) - Multiple people, including law enforcement officers, were shot on Monday after a gunman opened fire near Texas A&M University, police in College Station, Texas, said. Related Stories Russia says new U.S. sanctions on Iran could affect ties No decision on Taliban transfer, but U.S. envoy sees...

MOSCOW (AP) - Russia's Foreign Ministry has harshly criticized new U.S. sanctions on Iran, calling them "undisguised blackmail" and warning that relations between Washington and Moscow will suffer if Russian companies are affected.

The storms that socked Ohio in June and July caused insured losses of at least $433.5 million.

MANAMA, Bahrain (AP) — Bahrain says its ambassador to Iran has returned to his post there, 17 months after he was called home. Ambassador Rashed al-Doosri was withdrawn in protest over Iranian criticism of Bahrain's crackdown on anti-government protests.

BERLIN—Economic sanctions have been called wars without bullets, yet their record in forcing political change has been mixed—by some estimates successful about a third of the time.

New Delhi police investigating the bombing of an Israeli diplomat's car reportedly are in Iran to locate and question suspects.

MUMBAI, India - India has joined Japan in offering government-backed insurance for ships carrying Iranian crude...

Traditional news companies and other websites covering this year's presidential election are preparing for a flood of Web traffic over the coming months, and not just from political junkies. Politically motivated hactivist attacks have become a top concern among companies providing election coverage online.

Iran has been pushed into a corner and is fighting for its life. The safest weapon in its arsenal is an economic strategy; and it is the one point where the United States is vulnerable....

THE ENERGEN Pilipinas Under-18 team leaves for Mongolia today oozing with confidence despite a tough draw in the 22nd Fiba Asia U18 Championship.

Israeli opposition leader Shaul Mofaz has accused Prime Minister Benjamin Netanyahu of seeking expanded authority in a bid to overcome security leaders’ opposition to an attack on Iran.

NEWS ANALYSIS: Current theories circulating in the IT security community contend that the Gauss cyber-spy Trojan was created by the U.S. government in the same lab that created the Flame malware. But nobody is sure why.

Oil prices rose to near $94 a barrel Monday as increased concerns about the possible escalation of the conflict between Israel and Iran helped crude claw back last week’s losses triggered by the International Energy Agency’s lower crude demand forecast. By early afternoon in Europe, benchmark crude for September delivery...

JERUSALEM: The diplomatic effort to halt Iran's enrichment of uranium should be declared dead, Israel's deputy Foreign Minister says, amid reports the Prime Minister, Benjamin Netanyahu, is close to ordering a military strike against Tehran's nuclear program.

BAGHDAD (AP) - An al-Qaida affiliated group in Iraq has claimed responsibly for a double bombing that targeted a counterterrorism unit in Baghdad last month.

>LONDON Aug 13 (Reuters) - Italy's Eni has been unable to import Iranian oil for a second month running, due to bank payment and insurance problems, despite having European Union clearance to receive the oil to recover $1 billion in debts, industry sources said. An EU ban on imports of...

No matter how you judge success, there can be no denying that the 2012 Olympics in London were one.

Syria’s suspension from the 57- member Organization of Islamic Cooperation will be recommended to the group during its meeting in Saudi Arabia this week, a move that would further isolate the government of President Bashar al-Assad.

DUBAI (Reuters) - Syria's government would welcome dialogue with opposition parties in order to bring an end to armed conflict, Syria's ambassador to Tehran was quoted as saying on Monday by Iranian media. "The government of (President) Bashar al-Assad welcomes logical discussions with opposition parties in Syria," said Hamed Hassan,...

The presidential candidate had some disparaging -- and not quite accurate -- words for this close U.S. ally.

The Department of Foreign Affairs (DFA) on Monday heaved a sigh of relief after reports from the earthquake devastated Iran mentioned no Filipino casualties from Saturday’s tragedy.

DUBAI, United Arab Emirates (AP) — A U.S. Navy guided missile destroyer was left with a gaping hole on one side after it collided with an oil tanker early Sunday just outside the strategic Strait of Hormuz.

UK Market Marginally Lower

Israeli officials may see a "zero hour" for attacking Iranian nuclear facilities, but it could backfire.

TEHRAN, Aug. 13 (MNA) - President Mahmoud Ahmadinejad called on Muslim countries on Monday to show greater unity ahead of an Organization of Islamic Cooperation (OIC) emergency summit in Mecca expected to focus on the crises facing the Islamic world.

SINGAPORE, Aug 13 (Reuters) - Tokyo rubber futures fell totheir weakest in nearly three years on Monday on worries aboutslowing demand and the debt crisis in Europe, while losses inChina's equity market ...

SINGAPORE (Aug 13): Malaysian crude palm oil (CPO) futures eased on Monday, mirroring losses in the soybean oil market where...

LONDON (SHARECAST) - This is a foreign exchange (FOREX) market update written before the European session opened.

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 increasingly intense attacks by regime warplanes and

Britain's top shares were lower inearly deals on Monday, with concerns over global growthoutweighing hopes of near-term stimulus measures from majorcentral banks. At 0800 GMT, the FTSE 100 index was down ...

(MENAFN - Jordan Times) UN-Arab League envoy to Syria Kofi Annan's resignation proves that the mediation mission has completely failed. Appointing another envoy will only lead to the same ...

Samih Kawar, a 30-year-old veteran of the telecom industry, in his current role as the chief technical officer of Gulf Bridge International is responsible for the design, implementation, and operation of the GBI cable system.

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