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Print - 2006-11-14
Business Continuity Management in a banking environment

Business Continuity Management in a banking environment

Business Continuity Plan (BCM) plan should ensure that critical business processes are available and operational in the adverse events, which may disrupt the normal execution of the organisation. BCM in a banking environment is a very demanding and challe
Published 14 Nov, 2006 12:00am
Sharing a simple perception of Operational Risk Management

Sharing a simple perception of Operational Risk Management

The credit and market risk management are well known subjects in banking. However, operational risk management (ORM) has become a serious emerging issue for the regulators. In recent times this is being particularly stressed by Bank of International Settl
Published 14 Nov, 2006 12:00am
Wateen Telecom - bridging the digital divide

Wateen Telecom - bridging the digital divide

Wateen Telecom has commenced its operations in Pakistan with a resolve to lead the country into the next digital age. The company plans to bring the highest standards prevalent in the progressed world to the local market setting new standards and introduc
Published 14 Nov, 2006 12:00am
BOC Pakistan Limited - A blue chip company that delivers

BOC Pakistan Limited - A blue chip company that delivers

BOC Pakistan Limited was established in 1949 and is a leader in the industrial gases, healthcare and welding market sectors. The company continues to play a significant role in the economic and infrastructure development of Pakistan.
Published 14 Nov, 2006 12:00am
Message from FCCA, Head of ACCA Pakistan

Message from FCCA, Head of ACCA Pakistan

ACCA has been involved in the debate on sustainability for over a decade now. Sustainable business practices, we feel, form the cornerstone or all successful businesses and leads to a vibrant and growing economy.
Published 14 Nov, 2006 12:00am
Message from President, ISACA, Karachi Chapter

Message from President, ISACA, Karachi Chapter

On behalf of the Board of ISACA Karachi Chapter I would like to congratulate Ferguson Associates (Pvt) Ltd on the upcoming conference on Business Continuity Management (BCM) Conference.
Published 14 Nov, 2006 12:00am
Message from Governor State Bank of Pakistan

Message from Governor State Bank of Pakistan

In today's business environment which is full of risks and embedded technology, business continuity has assumed a new dimension. Realising the importance of managing business disruptions on account of any triggering event, specially in banks.
Published 14 Nov, 2006 12:00am
Oil cake market rates

Oil cake market rates

Modest trading was seen in the forward cottonseed oil cake market on Monday, dealers said. The January vaida opened at Rs 630.00. It was quoted highest at Rs 671.00. Later, it shed Rs 3.00 to be day's lowest at Rs 668.00 and closing was seen at Rs 670.00,
Published 14 Nov, 2006 12:00am
India's first month wheat sowing up

India's first month wheat sowing up

Wheat sowing in India has picked up sharply, the farm ministry said on Monday, with farmers planting a million hectares more in the first month of the new season than in the same period last year.
Published 14 Nov, 2006 12:00am
Rice paddies bring food, hope to Timbuktu

Rice paddies bring food, hope to Timbuktu

Driving down a tree-lined avenue winding through lush paddy fields, it is hard to believe you are just a few kilometres (miles) from Timbuktu, the fabled gateway to the vast Sahara.
Published 14 Nov, 2006 12:00am
African farmers scramble to cash in on coffee price

African farmers scramble to cash in on coffee price

A surge in world robusta coffee prices promises a windfall for Africa's top coffee exporters, but many farmers are ill prepared to capitalise after years of low prices, civil unrest, disease and regulatory chaos.
Published 14 Nov, 2006 12:00am
Argentina 2005-06 wheat sales rise

Argentina 2005-06 wheat sales rise

Argentine 2005-06 wheat export commitments rose to 8.155 million tonnes as of Friday, up from 8.15 million tonnes a week earlier, the Agriculture Secretariat said. By the same date last year, Argentina had sold 11.045 million tonnes of the grain. The gove
Published 14 Nov, 2006 12:00am
China likely to export more rice to Africa

China likely to export more rice to Africa

China may increase exports of rice to Africa, particularly after lower output forced Vietnam, the world's second-largest rice exporter, to halt rice exports.
Published 14 Nov, 2006 12:00am
Algeria holds sufficient wheat stocks

Algeria holds sufficient wheat stocks

Drought-hit Algeria, one of the world's largest grain importers, holds enough wheat to cover its needs for the coming months, Prime Minister Abdelaziz Belkhadem said.
Published 14 Nov, 2006 12:00am
NOL moves eight percent more cargo in September-October

NOL moves eight percent more cargo in September-October

Neptune Orient Lines (NOL), which runs the world's eighth-biggest container shipping line, carried 8 percent more cargo on its ships in the four weeks to October 20, while revenue per container fell 9 percent.
Published 14 Nov, 2006 12:00am
Ukraine grain exports plunge in October 2006

Ukraine grain exports plunge in October 2006

Ukraine's wheat exports fell by about 56 percent to 389,100 tonnes in October from 885,775 in September due to export restrictions introduced by the government, analysts said on Monday, quoting data from ports. ProAgro agriculture consultancy said in a st
Published 14 Nov, 2006 12:00am
Grain export quotas illogical: Yushchenko

Grain export quotas illogical: Yushchenko

Ukraine's President Viktor Yushchenko on Monday described government grain export quotas as illogical and said he would intervene to correct the situation. The government, expecting a harvest smaller than last year's and below initial forecasts, introduce
Published 14 Nov, 2006 12:00am
Thin business on grain market

Thin business on grain market

Firmness prevailed in the grain market on Monday as several commodity items maintained the weekend levels in process of trading, dealers said. On the seed side, cottonseed oil cake with bag quoted at Rs 670-680. Til was registered at Rs 1250-1450 as some
Published 14 Nov, 2006 12:00am
Activity at Karachi and Qasim ports

Activity at Karachi and Qasim ports

The Karachi Port handled 215,263 tonnes of cargo including 169,079 tonnes import, 46,184 tonnes export cargo and 4,851 containers during last 48 hours ending at 0700 hours on Monday.
Published 14 Nov, 2006 12:00am
Indonesian palm oil extends gain on demand

Indonesian palm oil extends gain on demand

Indonesian palm oil prices extended gains on Monday, lifted by local refiner's demands, traders said. At the state marketing centre in Jakarta, which sells palm oil from state plantations, crude palm oil was up at 4,556 rupiah ($0.499) a kg from 4,536 las
Published 14 Nov, 2006 12:00am
Copper takes more tumbles as Shanghai follows

Copper takes more tumbles as Shanghai follows

Copper prices took another tumble on Monday, with most Shanghai futures contracts hitting daily downside limits as investors fretted over rising inventories, despite an otherwise robust market outlook.
Published 14 Nov, 2006 12:00am
Tokyo gold dips

Tokyo gold dips

Tokyo gold futures dipped on Monday, tracking New York Comex gold's decline, but later regained some ground to trade near the three-month high marked late last week, supported by underlying firm sentiment.
Published 14 Nov, 2006 12:00am
Gold rebounds on weaker dollar

Gold rebounds on weaker dollar

Gold rebounded on Monday, hovering not far from a 2-month high around $636 an ounce hit last week after the US dollar dropped against other currencies and selling in Japanese futures subsided. Spot gold rose to $631.70/632.60 an ounce from $627.00/628.00
Published 14 Nov, 2006 12:00am
Malaysian tin falls

Malaysian tin falls

Malaysian tin closed down $70 on Monday, tracking a decline in prices on the London Metal Exchange, one dealer said.
Published 14 Nov, 2006 12:00am
Russia seen raising sunoil exports in 2006-07

Russia seen raising sunoil exports in 2006-07

Russia's sunoil exports are expected to keep rising in the current 2006/07 crop year started in October, and may reach 0.8-0.9 million tonnes. In 2005/06, exports surged to an all-time high of 0.62 million tonnes from 0.226 million tonnes last season. Cru
Published 14 Nov, 2006 12:00am
Oil slips toward $59, traders looks to winter, Opec

Oil slips toward $59, traders looks to winter, Opec

Oil deepened losses on Monday, easing toward $59 after a week of whipsaw trading left prices firmly stuck in a six-week trading rut and dealers looking ahead to winter weather or Opec action to break free.
Published 14 Nov, 2006 12:00am
Vietnam halts rice exports

Vietnam halts rice exports

Vietnam has halted rice exports as domestic prices have surged to record highs after pests and bad weather reduced output, Prime Minister Nguyen Tan Dung said. The decision could open up a window of opportunity for Thailand to boost exports of the grain,
Published 14 Nov, 2006 12:00am
China slow on soya buying

China slow on soya buying

China, the world's top soya importer, has been slow in booking oilseed from the United States as a rally in Chicago squeezes crushing margins amid a slow recovery in domestic demand for animal feed.
Published 14 Nov, 2006 12:00am
Tokyo rubber weaker

Tokyo rubber weaker

Tokyo rubber futures fell more than 1 percent on Monday as weakness in other commodities dampened sentiment towards rubber, which also hurt the technical trend, prompting investors to take profits. Benchmark Tokyo Commodity Exchange rubber for April deliv
Published 14 Nov, 2006 12:00am
Al-Khaleej sugar refinery lifts force major

Al-Khaleej sugar refinery lifts force major

Dubai's al-Khaleej sugar refinery, the biggest in the Gulf, on Sunday lifted force major declared after a fire partly damaged the conveyor system and storage areas, a company official said on Monday.
Published 14 Nov, 2006 12:00am
Indian wheat and soyaoil higher

Indian wheat and soyaoil higher

Indian wheat futures rose on Monday with a supply shortage in northern states pushing up prices, while sugar futures fell in thin trade. Soyaoil futures were marginally up on tight supplies.
Published 14 Nov, 2006 12:00am
Malaysian palm oil higher

Malaysian palm oil higher

Malaysian crude palm oil futures finished higher on Monday, as higher prices of rival soyaoil and market-friendly data on stocks and exports boosted buying interest. The benchmark January contract on the Bursar Malaysia Derivatives exchange closed up 19 r
Published 14 Nov, 2006 12:00am
IBM wins five-year Statoil consulting deal

IBM wins five-year Statoil consulting deal

International Business Machines has signed a five-year deal worth $70 million to provide data services and consultancy to Norwegian oil and gas group Statoil, IBM said on Monday.
Published 14 Nov, 2006 12:00am
Zee buys 50 percent in Ten Sports

Zee buys 50 percent in Ten Sports

India's largest listed media firm, Zee Telefilms Ltd, said on Monday it had bought 50 percent in Dubai-based Taj Television's Ten Sports channel, in a further sign of consolidation in the fast-growing market. Shares in Zee climbed 4.5 percent to a record
Published 14 Nov, 2006 12:00am
Zee buys 50 percent in Ten Sports

Zee buys 50 percent in Ten Sports

India's largest listed media firm, Zee Telefilms Ltd, said on Monday it had bought 50 percent in Dubai-based Taj Television's Ten Sports channel, in a further sign of consolidation in the fast-growing market. Shares in Zee climbed 4.5 percent to a record
Published 14 Nov, 2006 12:00am
Saudi Arabia to stick with Opec cuts for rest of year

Saudi Arabia to stick with Opec cuts for rest of year

Top world crude exporter Saudi Arabia will continue to enforce its Opec oil cut in full through the end of the year, but will ship more to some refiners in its main Asian market next month, sources said on Monday.
Published 14 Nov, 2006 12:00am
World Bank buys minority stake in Afghan bank

World Bank buys minority stake in Afghan bank

The World Bank's private sector arm said on Monday it bought a 16 percent stake in BRAC Afghanistan Bank, a start-up commercial bank that will focus on micro- and small enterprise loans.
Published 14 Nov, 2006 12:00am
US urges trade catch-up in China

US urges trade catch-up in China

US Commerce Secretary Carlos Gutierrez said on Monday he wanted to accelerate US export growth to China as Washington seeks to narrow a gaping trade imbalance between the two countries.
Published 14 Nov, 2006 12:00am
EU and ECB press banks on single European payments

EU and ECB press banks on single European payments

The European Central Bank and European Commission on Monday urged banks to speed up adoption of common standards for customers to make euro payments throughout Europe from a single bank account, credit card or debit card.
Published 14 Nov, 2006 12:00am
Deutsche Telekom names new chief executive

Deutsche Telekom names new chief executive

Deutsche Telekom appointed Rene Obermann, the head of its mobile unit, as chief executive on Monday, handing him the tough task of lifting a depressed share price and stagnating sales in Germany.
Published 14 Nov, 2006 12:00am
China backs court challenge to EU shoes duties

China backs court challenge to EU shoes duties

China has given its backing to domestic shoe exporters challenging EU anti-dumping duties, calling Brussels' move a violation of the companies' rights.
Published 14 Nov, 2006 12:00am
Telkom profit up

Telkom profit up

Africa's biggest telecoms firm Telkom unveiled a 10.6 percent rise in first-half profit, at the top end of forecasts, and said a pact blocking mobile unit Vodacom from expanding in Africa had been lifted.
Published 14 Nov, 2006 12:00am
Telkom profit up

Telkom profit up

Africa's biggest telecoms firm Telkom unveiled a 10.6 percent rise in first-half profit, at the top end of forecasts, and said a pact blocking mobile unit Vodacom from expanding in Africa had been lifted.
Published 14 Nov, 2006 12:00am
'India wants FTA, investment from Gulf'

'India wants FTA, investment from Gulf'

India wants to seal a free-trade agreement (FTA) with Gulf nations, Finance Minister Palaniappan Chidambaram said on Monday as he invited the oil producers to invest in Asia's fourth-largest economy.
Published 14 Nov, 2006 12:00am
Growth to rise in Europe's transition economies

Growth to rise in Europe's transition economies

Eastern Europe and the former Soviet Union will see growth increase in 2006 driven mainly by domestic demand, but risks of rising inflation and slipping foreign direct investment pose challenges, the EBRD said on Monday.
Published 14 Nov, 2006 12:00am
EU seeks to expand, strengthen Co2 trading scheme

EU seeks to expand, strengthen Co2 trading scheme

The European Union sought to advance its emissions trading system on Monday, saying it would consider adding greenhouse gases and lengthening trading periods to make the scheme more effective at fighting climate change.
Published 14 Nov, 2006 12:00am
Heating oil barge runs aground in New York

Heating oil barge runs aground in New York

An oil barge transporting heating oil to New York City ran aground in the East Rockaway Inlet near its delivery point early on Sunday, according to the US Coast Guard.
Published 14 Nov, 2006 12:00am
A380 leaves for final, global test flights

A380 leaves for final, global test flights

An Airbus A380 destined for Singapore on the first leg of a final round-the-world test mission took off shortly after 2:50 pm (1350 GMT) from the southern French city of Toulouse on Monday, Airbus said.
Published 14 Nov, 2006 12:00am
Alstom boosts recovery with power station sales

Alstom boosts recovery with power station sales

French industrial group Alstom, which makes trains and power-generation equipment, said on Monday that record orders in the energy sector had boosted its recovery, two and a half years after the group came close to collapse.
Published 14 Nov, 2006 12:00am
Australian and New Zealand shares lower

Australian and New Zealand shares lower

Australian shares shed 0.3 percent on Monday as miners BHP Billion Ltd and Rio Tinto Ltd tracked a fall in copper prices, but a shift into high dividend yielding banks stemmed losses in the wider market. Australia's benchmark S&P/ASX 200 Index fell 18.3 p
Published 14 Nov, 2006 12:00am
China 15-year bond auction yield above expectations

China 15-year bond auction yield above expectations

China's Ministry of Finance auctioned 30 billion yuan ($3.82 billion) of 15-year government bonds on Monday at a higher-than-expected yield, pushing bond prices down slightly in the secondary market.
Published 14 Nov, 2006 12:00am
China 15-year bond auction yield above expectations

China 15-year bond auction yield above expectations

China's Ministry of Finance auctioned 30 billion yuan ($3.82 billion) of 15-year government bonds on Monday at a higher-than-expected yield, pushing bond prices down slightly in the secondary market.
Published 14 Nov, 2006 12:00am
Seoul shares unchanged

Seoul shares unchanged

Seoul shares backed off a six-month intraday high to end flat on Monday as chip makers rose after Samsung Electronics gave an optimistic outlook, but shipbuilders plunged on worries about the future prices of new vessels.
Published 14 Nov, 2006 12:00am
Hong Kong blue chips slip

Hong Kong blue chips slip

Hong Kong blue chips slipped 0.1 percent on Monday as property developers slid following a share placement by Henderson Land, while mainland financial stocks chased H-shares to a fresh record close.
Published 14 Nov, 2006 12:00am
Thai shares lower

Thai shares lower

Thai share prices closed 0.48 percent lower on Monday as investors sold energy-linked stocks in line with falling oil prices, dealers said. They said sentiment was also downbeat due to a lack of new leads and sluggish trading across the region.
Published 14 Nov, 2006 12:00am
Indian shares hit another peak

Indian shares hit another peak

Indian shares overcame a sluggish start to climb to a new peak on Monday, before ending up 0.87 percent as software and telecom firms rallied on hopes of strong growth and robust foreign fund inflows.
Published 14 Nov, 2006 12:00am
Philippines shares down

Philippines shares down

Philippines share prices closed 0.61 percent lower on Monday in a technical correction after hitting nine-year highs in the past two sessions, dealers said.
Published 14 Nov, 2006 12:00am
JGBs climb, weak data keep buying firm

JGBs climb, weak data keep buying firm

Japanese government bond futures surged to a six-week high on Monday, extending gains after weak machinery orders data last week strengthened concerns that the economy may have hit a soft patch in the third quarter.
Published 14 Nov, 2006 12:00am
JGBs climb, weak data keep buying firm

JGBs climb, weak data keep buying firm

Japanese government bond futures surged to a six-week high on Monday, extending gains after weak machinery orders data last week strengthened concerns that the economy may have hit a soft patch in the third quarter.
Published 14 Nov, 2006 12:00am
Chinese shares drop 1.04 percent

Chinese shares drop 1.04 percent

Chinese shares ended down 1.04 percent on Monday, with some bank stocks giving back gains in the afternoon on profit-taking, while Jiangxi Copper fell on sinking prices for the metal.
Published 14 Nov, 2006 12:00am
Philippines to prepay 57 percent of outstanding Brady bonds

Philippines to prepay 57 percent of outstanding Brady bonds

The Philippines government said on Monday it would prepay 57 percent of its remaining $291.3 million worth of Brady bonds, the second such prepayment this year to cut its debt levels and interest costs.
Published 14 Nov, 2006 12:00am
Philippines to prepay 57 percent of outstanding Brady bonds

Philippines to prepay 57 percent of outstanding Brady bonds

The Philippines government said on Monday it would prepay 57 percent of its remaining $291.3 million worth of Brady bonds, the second such prepayment this year to cut its debt levels and interest costs.
Published 14 Nov, 2006 12:00am
Malaysian shares down

Malaysian shares down

Malaysian share prices closed 0.24 percent lower on Monday on profit-taking after last week's surge, with plantation and mining stocks leading the decline, dealers said. The Kuala Lumpur Composite Index closed down 2.49 points at 1,019.81.
Published 14 Nov, 2006 12:00am
Nikkei at six-week closing low

Nikkei at six-week closing low

The Nikkei slipped 0.56 percent on Monday to close at its lowest in six weeks as investors, wary ahead of the release of gross domestic product data on Tuesday, sold Fast Retailing Co Ltd and other firms sensitive to domestic demand.
Published 14 Nov, 2006 12:00am
Bangladesh interbank forex, interest rates

Bangladesh interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Monday. 68.50/71.90 (previous 68.25/68.50). Call Money Rates: 6.25-10.00 percent (previous 6.25-10.00 percent).
Published 14 Nov, 2006 12:00am
India rupee extends fall

India rupee extends fall

The Indian rupee extended its losses into a second session on Monday to end at a 2-week closing low against the dollar after dealers said the central bank had again intervened in the market.
Published 14 Nov, 2006 12:00am
Egypt interbank rate slips

Egypt interbank rate slips

The median overnight interbank rate on Egypt's pound edged down to 9.5 percent on Monday from 9.603 percent on Sunday, with a central bank CD auction failing to suck the liquidity from the market, bankers said.
Published 14 Nov, 2006 12:00am
Swiss franc rises against dollar

Swiss franc rises against dollar

The Swiss franc was higher against the dollar in early trade on Monday after the SNB chairman said further interest rate rises were in the pipeline to fight inflation in remarks published over the weekend.
Published 14 Nov, 2006 12:00am
Dollar falls again on forex diversification talk

Dollar falls again on forex diversification talk

The dollar slid again on Monday on worries that central banks might gradually shift their foreign exchange reserves away from the currency. The dollar hit a 2-1/2-month low versus the euro and an 18-month low against sterling on Friday after People's Bank
Published 14 Nov, 2006 12:00am
Hong Kong dollar falls

Hong Kong dollar falls

The Hong Kong dollar weakened on Monday as interest-rate arbitrage and corporate demand for the US dollar offset moderate fund flows into the territory on lingering speculation of further yuan appreciation.
Published 14 Nov, 2006 12:00am
Asian currencies higher

Asian currencies higher

Asian currencies extended their rally against the dollar on Monday even though analysts felt the reaction to last week's comments on China's diversifying its reserves was overdone and other factors were driving the moves.
Published 14 Nov, 2006 12:00am
Australian dollar drifts

Australian dollar drifts

The Australian dollar barely budged on Monday as the country's central bank left open the prospect of higher interest rates, but one too distant to entice investors now.
Published 14 Nov, 2006 12:00am
Yuan ends lower after hitting fresh high

Yuan ends lower after hitting fresh high

The yuan closed slightly lower against the dollar on Monday due to late dollar buying after the Chinese currency hit a fresh post-revaluation high for the fourth straight trading day in intraday trading.
Published 14 Nov, 2006 12:00am
Kuwait set to seal Asian Cup place

Kuwait set to seal Asian Cup place

Kuwait's soccer team look to seal their place in next year's Asian Cup on Wednesday, still flying high after a morale-boosting 10-0 thrashing of Taiwan. The Kuwaitis hit double figures against Taiwan in a friendly on Friday and visit Bahrain for their fin
Published 14 Nov, 2006 12:00am
England lifted by Strauss, Cook and Pietersen

England lifted by Strauss, Cook and Pietersen

Andrew Strauss, Alastair Cook and Kevin Pietersen made fluent half-centuries to lift England to 256 for four at the close on the second day of the tour match against New South Wales on Monday.
Published 14 Nov, 2006 12:00am
India prays for form

India prays for form

India leave for South Africa Monday night praying their key cricketers deliver on the tough tour, after a string of below-par performances in recent one-day internationals.
Published 14 Nov, 2006 12:00am
Blake upsets Nadal at Masters Cup

Blake upsets Nadal at Masters Cup

James Blake showed he was not in Shanghai just to make up the numbers when he produced a quality performance to upset world number two Rafael Nadal 6-4 7-6 in his opening match at the Masters Cup on Monday.
Published 14 Nov, 2006 12:00am
'Supreme Court can be approached in Shoaib and Asif case'

'Supreme Court can be approached in Shoaib and Asif case'

The Chief Justice of Pakistan Justice Iftikhar Mohammad Chaudhry has observed that the Supreme Court may be approached after a decision on appeals of banned cricketers Shoaib Akhtar and Mohammad Asif by the Appellate Commission headed by Fakharuddin G. Ib
Published 14 Nov, 2006 12:00am
Vietnam deports US citizen

Vietnam deports US citizen

Vietnam on Monday deported a US citizen convicted of plotting against the communist-run government, officials said, days before President George W. Bush's state visit and an Asia-Pacific summit.
Published 14 Nov, 2006 12:00am
Press unfairly criticises government: Khamenei

Press unfairly criticises government: Khamenei

Iran's supreme leader, Ayatollah Ali Khamenei, accused parts of the press of unfair criticism of the government, saying they were blowing some shortcomings out of proportion, newspapers reported on Monday.
Published 14 Nov, 2006 12:00am
Protests paralyse Dhaka; one killed, 50 hurt

Protests paralyse Dhaka; one killed, 50 hurt

Police fired rubber bullets and used batons to disperse thousands of protesters across Bangladeshi cities on Monday, and at least one person was killed and 50 wounded as a political crisis showed no sign of abating.
Published 14 Nov, 2006 12:00am
UN report links Somali religious group, foreign militants

UN report links Somali religious group, foreign militants

A web of nations and armed groups are fuelling Somalia's march to war, according to a UN commissioned report that offers detailed evidence of co-operation between Somali religious group and established militants.
Published 14 Nov, 2006 12:00am
Bush meets members of group on Iraq

Bush meets members of group on Iraq

President George W. Bush, under pressure from Democrats to change course in Iraq, sat down on Monday with members of a bipartisan group charged with trying to find ways to bring peace to Iraq.
Published 14 Nov, 2006 12:00am
Georgia slams Russia over rebel region referendum

Georgia slams Russia over rebel region referendum

Georgia's breakaway South Ossetia overwhelmingly endorsed its split with Tbilisi on Monday in a referendum Georgia's prime minister said was part of a Russian campaign to stoke a war.
Published 14 Nov, 2006 12:00am
UN steps up pressure for 'hybrid' force for Darfur

UN steps up pressure for 'hybrid' force for Darfur

UN Secretary-General Kofi Annan has asked the major powers to join him at a meeting of African leaders with reluctant Sudanese officials to discuss how to get a bigger and better-funded peacekeeping force into Darfur, a UN official said on Monday.
Published 14 Nov, 2006 12:00am
Iran must face isolation

Iran must face isolation

President George W. Bush said on Monday that Iran must face "economic isolation" if it proceeds with its nuclear uranium enrichment program in defiance of international pressure.
Published 14 Nov, 2006 12:00am
Bush and Olmert meet on Iran, US Middle East policy

Bush and Olmert meet on Iran, US Middle East policy

Israeli Prime Minister Ehud Olmert met President George W. Bush on Monday to gauge the post-election picture of US policy toward the Middle East, and insisted he was not looking for war with Iran over its nuclear program.
Published 14 Nov, 2006 12:00am
Blair wants Syria and Iran to help on Iraq

Blair wants Syria and Iran to help on Iraq

British Prime Minister Tony Blair will call on Monday for Iran and Syria to back efforts to stop violence in Iraq as Washington and London review their strategy in response to growing opposition to their involvement there.
Published 14 Nov, 2006 12:00am
Palestinian academic accepts nomination as new Prime Minister

Palestinian academic accepts nomination as new Prime Minister

A US-educated Palestinian academic agreed on Monday to replace Prime Minister Ismail Haniyeh as part of a bid by rival factions to bridge differences and ease a Western aid blockade, a Palestinian official said.
Published 14 Nov, 2006 12:00am
Indonesia and Australia sign security treaty

Indonesia and Australia sign security treaty

Indonesia and Australia on Monday signed a landmark security treaty aimed at smoothing often thorny relations between the two neighbours. The treaty includes a key Indonesian demand that Australia will not support separatist causes in the sprawling archip
Published 14 Nov, 2006 12:00am
Chad declares state of emergency

Chad declares state of emergency

Chad's government declared a state of emergency on Monday in the capital N'Djamena and some eastern areas, where raiders on horseback have killed hundreds of villagers in ethnic attacks in recent weeks. The measure included the appointment of special mini
Published 14 Nov, 2006 12:00am