News Archive - 18 September 2016

(Tehran's Friday prayers' leader Ahmad Khatami. Source: Saeid Rabiei/YJC)   Saudi Arabia's mischievous actions, ceasefire in Syria and Iran's military capabilities were the key themes of Friday prayers across Iran this week.   In Tehran, Ahmad Khatami slammed the Saudi household for its regional measures, particularly the war it...

Saudi Arabia has called for the United Nations Security Council to put an end to the smuggling of Iranian weapons to militias in Yemen, as it constitutes a violation of Resolution 2216, Al-Arabiya reported on Thursday.   “On August 31 2016, Houthi rebel militias and their supporters fired a ballistic missile...

>WASHINGTON Market volatility is low, U.S. census data shows income gains have reached the middle class, and workers are clawing back a larger share of national income. For now, at least, no international risk stands out and inflation may even be picking up.If Fed Chair Janet Yellen wants...

>The Sept. 9 blast was in defiance of U.N. sanctions that were tightened in March.The meeting between U.S. Secretary of State John Kerry, Japanese Foreign Minister Fumio Kishida and their South Korean counterpart, Yun Byung-se, was the first since the latest nuclear test. It will be one...

>TORONTO Canada's autoworkers' union Unifor and General Motors Co (GM.N) made little progress resolving the key issue of new investment in contract talks late on Sunday, the union's president said, just over 24 hours ahead of a strike deadline. The automaker and the union representing its Canadian manufacturing workers...

>WHITE PLAINS, N.Y. An adviser to U.S. Republican presidential nominee Donald Trump's campaign said on Sunday that Trump will meet with Egyptian President Abdel Fattah al-Sisi on Monday during the United Nations General Assembly, just as Hillary Clinton, the Democratic presidential nominee, is also scheduled to do. Clinton,...

>NEW YORK U.S. society is uncomfortable with powerful women and that is why the United States has not yet elected a woman president, President Barack Obama said on Sunday.Obama, who is eager to see fellow Democrat Hillary Clinton succeed him in office, told a fundraiser for her in...

>CHICAGO U.S. wheat farmers, struggling to make money as prices sink and global supplies swell, could be the main beneficiaries if Washington wins a case it brought last week against China over an estimated $100 billion in domestic grain market supports.On Tuesday, U.S. trade officials said they...

>SINGAPORE The dollar traded near a two-week high against a basket of major currencies on Monday after U.S. consumer prices rose more than expected in August, bolstering expectations that the Federal Reserve would raise interest rates this year.The dollar index, which measures the greenback's value against a basket...

>SINGAPORE Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non-OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.Brent crude futures LCOc1 were trading at $46.39...

>SYDNEY Caution gripped Asian shares on Monday ahead of central bank meetings in the United States and Japan this week, while oil prices bounced on talk of an OPEC deal on output and reports of fighting around Libyan oil ports.Bombings in New York City and New Jersey and a...

>OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency, APS, reported on Sunday. (Reporting by Deisy Buitrago; Editing by Peter Cooney)...

>The anti-immigrant Alternative for Germany (AfD) polled 11.5 percent, gaining from a popular backlash over Merkel's decision a year ago to keep borders open for refugees, an exit poll by public broadcaster ARD showed. The result means the AfD will enter a 10th state assembly, out of 16 in...

>The three attacks on Saturday involved a stabbing in a Minnesota mall that wounded nine people, a bombing in Manhattan's Chelsea neighborhood that injured 29 and a pipe bomb explosion in New Jersey. (Reporting by Alana Wise; Editing by Peter Cooney)...

>The decree announcing the appointment included a decision to move the bank's headquarters from the capital Sanaa to the southern port city of Aden, according to the report.Hadi also appointed Ahmed Obaid Al Fadhli to replace Al Quaiti as finance minister, it said.The central bank has been the...

>"As a banking supervisor, it could find it difficult to be tough with a bank or even wind it down if it knows that, because of its monetary policy measures, it is its biggest creditor," Weidmann told Germany's Sueddeutsche Zeitung and other European newspapers.The Sueddeutsche wrote that he favored...

>WASHINGTON Donald Trump's vice presidential running mate, Mike Pence, said he views former vice president Dick Cheney as a role model for the No. 2 job in the administration."I frankly hold Dick Cheney in really high regard in his role as vice president and as an American," Pence said...

>WASHINGTON U.S. Democratic vice presidential candidate Tim Kaine on Sunday accused Donald Trump of inciting violence against Hillary Clinton after the Republican candidate said Clinton's security detail should be disarmed given her support for tighter gun rules.Kaine, speaking on Fox News Sunday, called Trump's remarks irresponsible."When you...

>MOSCOW/BEIRUT Moscow stepped up its war of words with Washington on Sunday, saying air strikes by a U.S.-led coalition on the Syrian army threatened the implementation of a U.S.-Russian ceasefire plan for Syria and bordered on connivance with Islamic State.The diplomatic row heated up on...

>Rockets hit the neighborhoods of Karam al-Jabal, Karam al-Beek, Sakhour and Sheikh Hadar. There were reports of injuries, the war monitor said. (Reporting by Lisa Barrington; Editing by Toby Chopra)...

>ALGIERS OPEC members may call an extraordinary meeting to discuss oil prices if they reach consensus at an informal gathering in Algiers this month, OPEC Secretary-General Mohammed Barkindo said during a visit to Algeria, the country's state news agency APS reported on Sunday.Barkindo said he was optimistic about the...

>LOS ANGELES/WASHINGTONThe 27 states challenging Obama’s Clean Power Plan in court say the lower emissions levels it would impose are an undue burden. But most are likely to hit them anyway.Already, Arkansas, North Carolina, Oklahoma and South Dakota appear to be meeting the CPP's early targets. And changes in...

>NEW YORK New Jersey Governor Chris Christie is not expected to attend the trial this week of two former associates charged in the 2013 "Bridgegate" scandal, but the failed Republican presidential hopeful's shadow will loom over the proceedings.Opening statements are scheduled for Monday in federal court in Newark, New...

>LONDON Global lending remained weak in 2016's first quarter, with dollar-denominated bank loans to non-U.S. borrowers worldwide falling for the first time since the 2007-09 financial crisis, the Bank for International Settlements said on Sunday.Dollar loans to emerging markets and lending in euros to borrowers outside the euro...

>In its Quarterly Review, the usually guarded Bank for International Settlements didn't explicitly say that stock and bond markets are bubbles waiting to burst. But valuations are high, especially given that the foundations they are built on may not be so solid.BIS reports aren't known for their stark language...

>TEHRAN Iran urged the United States on Sunday to remove remaining obstacles to it buying passenger planes following the lifting of international sanctions and spread out the welcome mat to foreign investors as it seeks to boost its aviation sector.Iran provisionally agreed earlier this year to buy over 200...

>ASOTTHALOM, Hungary On a recent evening on Hungary's border with Serbia, a fleet of police trucks raced along the dusty boundary.A heat sensor trained on the razor wire fence had picked up migrants approaching, officers explained. The migrants, about two dozen in number, quickly split up and went back...

>BOURNEMOUTH, England "We won!" was the anti-European Union UK Independence Party's rallying cry at its annual conference as members celebrated Britain's vote to leave the EU, but underneath the euphoria lurked a fresh anxiety: what now?Single-handedly led by Nigel Farage, a divisive, populist and widely recognized politician, UKIP...

>"Instability and falling oil prices are harmful to all countries, especially oil producers," Rouhani was quoted as saying by SHANA. "Tehran welcomes any move aimed at market stability and improvement of oil prices based on justice, fairness and fair quota of all the oil producers," the president said, referring to...