News Archive - 3 September 2016

Iran’s official calendar has named the first week of Shahrivar (last week of August) after the publicly elected administration. This fourth and last one for the Rouhani administration’s first term has been put to good use. The week started with the cabinet visiting Supreme Leader Grand Ayatollah Ali Khamenei.

Saturday, 13th of Shahrivar – September 3rd, 2016 HEADLINES OF IRAN’S MORNING PAPERS   KAYHAN   -Venezuela, Bolivia, Ecuador protest against US soft coup in Brazil Following the impeachment of Brazil’s President, some Latin American countries summoned their ambassadors from this country in protest against this measure.   -Protests...

>Last week, European Union antitrust regulators ordered Apple to pay up to 13 billion euros ($14.5 billion) in taxes to the Irish government after ruling that a special scheme to route profits through Ireland was illegal state aid. Apple's Chief Executive Tim Cook last week described the ruling as "total political crap", but...

>LG, in a statement, said its appliances division is preparing the firm's entry into the robotics industry with the aim to develop products that will work closely with home appliances products such as refrigerators, washers and air conditioning units."We will prepare for the future by aggressively investing in smart...

>HANGZHOU Britain's economy will suffer as a result of the decision to leave the European Union despite signs in recent economic data that the impact has not been as severe as some predicted, Prime Minister Theresa May said on Sunday.    The June decision to leave the 28-country EU...

>VATICAN CITY Mother Teresa of Calcutta, a Nobel peace laureate known as the "saint of the gutters" during her lifetime, will be made a saint of the Roman Catholic Church on Sunday.More than 100,000 pilgrims are expected to attend a service led by Pope Francis in St. Peter's Square...

>CARACAS Venezuelan authorities have arrested more than 30 people on Margarita island for heckling President Nicolas Maduro, activists said on Saturday, in what appeared to be a rare public confrontation with the unpopular leader. Videos published by activists, purportedly from the Margarita locality of Villa Rosa on Friday night, show...

>BRATISLAVA The European Union and Turkey tested the waters for a political rapprochement on Saturday with a first meeting between the bloc's 28 foreign ministers and a senior Ankara official after a failed coup in Turkey in July strained their uneasy ties.The EU, which depends on Ankara to keep...

>Draghi will give a short speech to the European committee of the German Bundestag, followed by questions, the Frankfurter Allgemeinen Sonntagszeitung reported in its Sunday issue, quoting the head of the committee, Gunther Krichbaum.Krichbaum told the paper, which first reported the date for the meeting, that the finance and...

>The magazine said Liberty Media would transfer the first tranche of payment in the $8.5 billion deal on Tuesday. Formula One's biggest shareholders are private equity firm CVC Capital Partners [CVC.UL] with a 35.5 percent stake and U.S. fund manager Waddell & Reed with 20.9...

>"This treaty could represent growth and jobs for Europe on condition that it is balanced," Michel said in an interview published in Belgian business daily L'Echo."What is on the table doesn't seem to be. So, for the moment, I prefer to say that it's not right and that perhaps...

(Tehran's Friday prayers' leader Arash Mirsepasi. Source: Arash Mirsepasi/YJC)   As we approach the first anniversary of Mina stampede, death of over 2000 pilgrims during the annual hajj pilgrimage in Mecca and Medina, the tone of Friday prayers' leaders across the country against Saudi Arabia became bitter than ever.

>HANGZHOU, China China and the United States ratified the Paris agreement to cut climate-warming emissions on Saturday, marking a major step toward the enactment of the pact as early as the end of the year and setting the stage for other countries to follow suit.The world's two biggest emitters...

>Republican presidential candidate Donald Trump will continue an effort to peel away minority support from Democratic rival Hillary Clinton on Saturday, visiting a church and touring neighborhoods in the largely black city of Detroit.The former businessman and reality TV star will be accompanied by Ben Carson, the retired neurosurgeon...

> The tanks crossed the border near the Turkish village of Cobanbey, which lies across from the Syrian village of al Rai, Dogan said. A Reuters cameraman in the area earlier heard a repeated booming sound and saw plumes of smoke rising from the Syrian side of the border. (Reporting...

>"There are ongoing talks, but nothing formal," Elkann said on Saturday during a meeting of shareholders in his family's EXOR holding company (EXOR.MI).Talks with officials from the Korean group had taken place on the sidelines of EXOR board meeting earlier this week, he added. Samsung Electronics's vice chairman...

>AIG is offering 111 million shares at a floor price of HK$13.39 each, representing 0.5 percent discount to PICC Property and Casualty's last traded price, the terms showed. AIG has been steadily selling down its stake in PICC over the past two years and has raised about $2.

>The maker of Mercedes-Benz cars remains on track to unveil a new electric car at the Paris motor show next month. In July, the German carmaker said it had accelerated development of premium electric cars, a segment currently dominated by United States-based rival Tesla. German trade magazine Automobilwoche earlier cited...

> Obama and Xi were meeting on the sidelines of the G20 summit in the eastern Chinese city of Hangzhou. (Reporting by Roberta Rampton; Writing by Ben Blanchard; Editing by Jon Boyle)...

>Rajan said the ranking of the RBI governor, currently at cabinet secretary level, needed to be commensurate with the role - an issue that is believed to have played a part in Rajan's unexpected announcement in June that he would not pursue a second term. Media reports that a selection...

>VLADIVOSTOK, Russia South Korean President Park Geun-hye called on Russia and other major global players on Saturday to increase pressure on North Korea to abandon its nuclear program which could open the road for cooperation with Pyongyang."If we cannot prevent (North Korea's) development of nuclear weapons, the nuclear threat...

>The stakes are high for China to pull off a trouble-free G20 summit of the world's top economies, its highest profile event of the year, as it looks to cement its global standing and avoid acrimony over a long list of tensions with Washington.Shortly after Obama's plane landed in...

>"In the financial sector, remaining fragilities in the banking sector need to be fixed and the banking union completed," Mersch told a conference on Saturday. "Otherwise, market participants will continue to fear that local vulnerabilities could eventually spread and destabilize the European banking system before all the firefighting tools are...

>The fighting, in Van province near the border with Iran, followed a day of violence across the largely Kurdish southeast in which 27 PKK militants and at least seven security force members were killed. Southeastern Turkey has been hit by waves of violence since the collapse of a 2-1/2-year ceasefire...

> Speaking to a business forum on the eve of a summit of leaders of the world's 20 biggest economies in Hangzhou, Xi said the G20 should combine monetary and fiscal policies with structural reforms to promote growth, and warned that isolationism could not resolve problems faced by the global...

>Under a deal signed last year with euro zone countries, the European Central Bank and the International Monetary Fund, the ESM will provide financial assistance of up to 86 billion euros to Greece by 2018 in return for the agreed reforms.The parties also agreed that debt relief would be...

>HANGZHOU, China Chinese President Xi Jinping and his Turkish counterpart Tayyip Erdogan agreed on Saturday to deepen counter-terror cooperation, as the two set aside previous disagreements over China's treatment of a Turkic-speaking Muslim minority.Hundreds, possibly thousands, of Uighurs keen to escape unrest in China's western Xinjiang region have traveled...