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Print - 2016-09-19
Re-balancing of US policy in ME: Implications for Pakistan

Re-balancing of US policy in ME: Implications for Pakistan

Pakistan is located in South Asia and has borders with Afghanistan, India, China and Iran, the latter being its immediate western neighbour. The Gulf Middle East, again, is not far away, especially with Pakistan having maritime boundary with Oman. In fact
Published 19 Sep, 2016 12:00am
Power sector: Economics and politics

Power sector: Economics and politics

Prime Minister Nawaz Sharif convinced beyond a shadow of doubt that he would win the March 2018 elections by a landslide if his administration succeeds in meeting the energy shortfall is personally monitoring the pace of power sector projects and has set
Published 19 Sep, 2016 12:00am
Budgetary outcome in 2015-16

Budgetary outcome in 2015-16

The information on fiscal operations by the federal and provincial governments in 2015-16 has been released recently by the Ministry of Finance (MoF). The budgetary outcome is mixed. On the positive side, FBR and provincial tax revenues have shown excepti
Published 19 Sep, 2016 12:00am
Train accidents

Train accidents

As if tragedy must follow festivities; on this Eidul Azha too there were a number of rail and road accidents that claimed numerous lives. Among them the most costly was near the city of Multan where the Karachi-bound Awam Express rammed into a stationary
Published 19 Sep, 2016 12:00am
Economic indicators in the right direction?

Economic indicators in the right direction?

Federal Finance Secretary during the meeting of the Monetary and Fiscal Co-ordination Board, held under the chairmanship of his boss Federal Minister Ishaq Dar stated that the economic indicators are moving in the right direction. The press release of the
Published 19 Sep, 2016 12:00am
Trump bashes Clinton as far too soft on immigrants

Trump bashes Clinton as far too soft on immigrants

Donald Trump took his campaign to Texas on Saturday, bashing Hillary Clinton's immigration policies as too lax, in a state still up for grabs on Election Day. With polls showing a tightening race just over seven weeks before the November 8 election, the R
Published 19 Sep, 2016 12:00am
Suspected jihadists kill three Yemeni soldiers

Suspected jihadists kill three Yemeni soldiers

Islamist suspects killed three Yemeni soldiers in two separate shootings in the south on Sunday, officials said, the latest in a spate of attacks on security forces. In the first attack, two men on a motorbike opened fire on two soldiers eating at a resta
Published 19 Sep, 2016 12:00am
Two Saudi policemen shot dead

Two Saudi policemen shot dead

Unidentified gunmen killed two Saudi policemen in the mainly Shiite eastern city of Dammam late on Saturday, the interior ministry said, describing it as a "terrorist attack".
Published 19 Sep, 2016 12:00am
Buhari under fire over Obama speech plagiarism

Buhari under fire over Obama speech plagiarism

Nigerian President Muhammadu Buhari has come under fire from critics after admitting part of his recent "Change Begins With Me" speech was copied from US President Barack Obama's 2008 victory speech.
Published 19 Sep, 2016 12:00am
Russia votes in parliamentary polls with Putin secure

Russia votes in parliamentary polls with Putin secure

Russians voted Sunday in parliamentary polls, with parties loyal to President Vladimir Putin expected to maintain their dominance despite the longest economic crisis of his rule. The nationwide election follows a tumultuous few years that have seen the co
Published 19 Sep, 2016 12:00am
Two people charged in Belgium with terrorist offences

Two people charged in Belgium with terrorist offences

A man and a woman detained on Friday have been charged with terrorist offences, although the woman has been freed under conditions, federal prosecutors said on Sunday. Police searched three houses across the country, including one in Brussels, part of an
Published 19 Sep, 2016 12:00am
Deadly clashes rock north Mali despite peace deal

Deadly clashes rock north Mali despite peace deal

Clashes pitting Malian armed groups in defiance of a peace deal have left at least a dozen fighters dead in the north of the country, sources on both sides of the violence said Saturday. The fighting on Friday pit members of the pro-government group GATIA
Published 19 Sep, 2016 12:00am
France says Syrian government principally behind truce violations

France says Syrian government principally behind truce violations

France's foreign minister said on Sunday that despite US-led coalition air strikes on the Syrian army, it was Syrian government forces that were principally behind violations of a fragile ceasefire brokered by the United States and Russia.
Published 19 Sep, 2016 12:00am
Tribal areas: forces committed to eliminating terrorism: Corps Commander

Tribal areas: forces committed to eliminating terrorism: Corps Commander

Corps Commander Peshawar Lieutenant General Hidayat-ur-Rahman has said that the security forces are determined to eliminate militants and their facilitators from the tribal areas. He was talking to tribal elders and enquiring after the people injured in a
Published 19 Sep, 2016 12:00am
Transgender allegedly attacked in Peshawar

Transgender allegedly attacked in Peshawar

Transgender allegedly attacked and intimidated by armed men in three separate incidents in Peshawar on Sunday. Chairperson of the Trans-Gender Association Khyber Pakhtunkhwa Ms Farzana told this scribe that first incident occurred in Chamkani area when th
Published 19 Sep, 2016 12:00am
Imran's close aide Saifullah Niazi resigns from PTI

Imran's close aide Saifullah Niazi resigns from PTI

Pakistan Tehreek-e-Insaf (PTI) additional general secretary Saifullah Niazi has resigned from his post due to differences with PTI leader Jahangir Tareen. According to reports, Saifullah Niazi had power conflicts with Jahangir Tareen and did not agree wit
Published 19 Sep, 2016 12:00am
TDAP accused of squandering billions of rupees on exhibitions

TDAP accused of squandering billions of rupees on exhibitions

Vice President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and Chairman Business Advisory Committee of the Khyber Pakhtunkhwa Riaz Khattak said on Sunday that the Trade Development Authority of Pakistan (TDAP) had become a white el
Published 19 Sep, 2016 12:00am
Prices of vegetable, chicken meat, pulses decline marginally

Prices of vegetable, chicken meat, pulses decline marginally

Prices of pulses, vegetable, chicken meat, and other important kitchen items, have marginally decreased in retail market, during last week, as compared to preceding week, according to survey conducted by Business Recorder here on Sunday.
Published 19 Sep, 2016 12:00am
CDA to launch new sectors within a month: Ansar

CDA to launch new sectors within a month: Ansar

Capital Development Authority (CDA) will launch new sectors in the federal capital within a month to overcome housing unit shortage, besdies improving financial health of the civic body. Chairman CDA and Mayor of Islamabad Metropolitan Corporation Sheikh
Published 19 Sep, 2016 12:00am
AJK President arrives in New York

AJK President arrives in New York

Azad Jammu and Kashmir President Sardar Masood Khan arrived in New York on Saturday to a warm airport welcome from a cross-section of Kashmiri people as well as Pakistanis. Sardar Masood Khan served in New York as Pakistan's permanent representative to th
Published 19 Sep, 2016 12:00am
Floating farm could grow food on empty cargo ships

Floating farm could grow food on empty cargo ships

About 90 percent of the world's goods are carried by sea, with more than 70 percent in shipping containers carrying everything from TVs to sportswear from Asia to the rest of the world. But the global imbalance in trade means most of these containers are
Published 19 Sep, 2016 12:00am
Angola, Congo yellow fever outbreak under control: WHO

Angola, Congo yellow fever outbreak under control: WHO

A yellow fever outbreak in Angola and Congo has been brought under control by a major vaccination campaign, the World Health Organization's director of infectious hazard management Sylvie Briand said on Tuesday.
Published 19 Sep, 2016 12:00am
Prostate cancer options show little difference in survival

Prostate cancer options show little difference in survival

Men with localised prostate cancer were unlikely to die in the 10 years after diagnosis regardless of whether they chose surgery, radiation or no intervention at all, researchers said on Wednesday. The findings in the New England Journal of Medicine inclu
Published 19 Sep, 2016 12:00am
Can long naps cause diabetes?

Can long naps cause diabetes?

A study presented at a scientific congress on Thursday reported a link between long naps and a higher risk of diabetes, though it couldn't say if daytime sleeping was a symptom or a cause. People who slept more than an hour each day were 45 percent more l
Published 19 Sep, 2016 12:00am
Study confirms Zika causes brain birth defects, questions remain

Study confirms Zika causes brain birth defects, questions remain

Early results from a crucial case-control study in Brazil have confirmed a direct causal link between Zika virus infection in pregnant women and the brain damaging birth defect microcephaly in their babies, scientists said on Thursday.
Published 19 Sep, 2016 12:00am
EU aims at deploying 5G technology Europe-wide by 2025

EU aims at deploying 5G technology Europe-wide by 2025

The European Union wants to make fifth-generation telecommunications technology available around the bloc and have free wireless connections in every city and major public venue within the next decade. European Commission President Jean-Claude Juncker sai
Published 19 Sep, 2016 12:00am
Six key things to know about Apple's new iOS 10 software

Six key things to know about Apple's new iOS 10 software

Your iPhone will look and feel different with the iOS 10 software update. It will be easier to move around and do more without switching apps, but the changes will take getting used to. The changes are the most dramatic since 2013, when Apple redesigned i
Published 19 Sep, 2016 12:00am
Twitter expands video role with streaming TV apps

Twitter expands video role with streaming TV apps

Twitter on Wednesday moved deeper into video, announcing a new application that will offer free content on major streaming TV services. The new app for Apple TV, Amazon Fire TV and Microsoft's Xbox One will allow anyone with these devices to get content f
Published 19 Sep, 2016 12:00am
'UK exploring national internet filter'

'UK exploring national internet filter'

The head of Britain's newly formed cybersecurity agency says authorities are exploring the creation of a national internet filter to block malicious software and rogue websites, a proposal that has raised eyebrows among internet freedom advocates. Ciaran
Published 19 Sep, 2016 12:00am
Nokia extends 5G-ready AirScale radio, services portfolio

Nokia extends 5G-ready AirScale radio, services portfolio

Nokia is extending its innovative AirScale Radio Access family and services portfolio to accelerate the planning, design and roll-out of cloud-based radio access networks by operators. This will increase the agility with which they respond to growing data
Published 19 Sep, 2016 12:00am
Majority of online music listeners use phones: study

Majority of online music listeners use phones: study

A majority of online music consumers now listen on smartphones amid the boom in streaming services, the global music industry group said Tuesday. The International Federation of the Phonographic Industry in a 13-nation report found that 55 percent of peop
Published 19 Sep, 2016 12:00am
SES launches Global Maritime+ Solution

SES launches Global Maritime+ Solution

SES on Wednesday announced the launch of its global SES Maritime+ service that will deliver high-speed connectivity to vessels traversing oceans. SES launches Global Maritime+ Solution to deliver high-speed connectivity to vessels traversing oceans. SES M
Published 19 Sep, 2016 12:00am
Facebook, Twitter join coalition to improve online news

Facebook, Twitter join coalition to improve online news

Facebook, Twitter and news organisations including Agence France-Presse have joined a coalition of media and technology groups seeking to filter out online misinformation and improve news quality on social networks. First Draft News, which is backed by Go
Published 19 Sep, 2016 12:00am
Ford says driverless car spending to hit 2017 profit

Ford says driverless car spending to hit 2017 profit

Ford Motor Company on Wednesday said its pre-tax profit would decline for a second straight year in 2017 as the company invests heavily in electrified and driverless cars But the company said earnings would improve again in 2018 on plans to achieve $3 bil
Published 19 Sep, 2016 12:00am
Toyota Argentina targets new markets

Toyota Argentina targets new markets

Toyota Motor Corp's unit in Argentina has been targeting new markets in South and Central America to keep production up as demand for cars from recession-ridden Brazil plummets, a company executive told Reuters on Tuesday.
Published 19 Sep, 2016 12:00am
Petrobras August output falls

Petrobras August output falls

August oil and natural gas output at Petroleo Brasileiro SA, Brazil's state-led oil company, fell 1.42 percent from July after a sale of Argentine assets slashed the company's international output. Petrobras, as the company is known, produced an average o
Published 19 Sep, 2016 12:00am
Eleven Indian banks risk breaching Basel III capital triggers: Fitch

Eleven Indian banks risk breaching Basel III capital triggers: Fitch

Eleven of India's banks will likely be in danger of breaching capital triggers with the coming increases in minimum requirements under new global banking norms, Fitch Ratings said on Monday. The rating agency previously estimated that India's banks will n
Published 19 Sep, 2016 12:00am
De Beers sees tough outlook as critical holiday sales approach

De Beers sees tough outlook as critical holiday sales approach

Anglo American owned De Beers, one of the world's largest diamond producers, expects some growth in the consumer market next year but its chief executive warned the overall sales environment is likely to remain tough.
Published 19 Sep, 2016 12:00am
GE partners with Mexican national power company

GE partners with Mexican national power company

General Electric Co is partnering with Mexican national power company CFE to help improve the efficiency of its electrical system, the leader of GE's power business said on Monday. Under a two-year agreement, GE will provide software and data analysis to
Published 19 Sep, 2016 12:00am
Next first half profit slips

Next first half profit slips

British clothing retailer Next reported a 1.5 percent fall in first-half profit on Thursday and said trading since July had been challenging and volatile. Next has been Britain's most successful clothing retailer of the last decade but warned in March tha
Published 19 Sep, 2016 12:00am
Next first half profit slips

Next first half profit slips

British clothing retailer Next reported a 1.5 percent fall in first-half profit on Thursday and said trading since July had been challenging and volatile. Next has been Britain's most successful clothing retailer of the last decade but warned in March tha
Published 19 Sep, 2016 12:00am
Oracle's quarterly revenue misses estimates

Oracle's quarterly revenue misses estimates

Oracle Corp reported lower-than-expected quarterly revenue as growth in its cloud-based offerings failed to make up for weakness in its traditional software licensing business. Sales of Oracle's cloud software and platform as services rose 77 percent to $
Published 19 Sep, 2016 12:00am
Central banks seek global standards in wake of Bangladesh heist

Central banks seek global standards in wake of Bangladesh heist

The world's major central banks, stung by this year's $81-million heist in Bangladesh, have launched a task force to consider setting broad rules to protect the vast network of cross-border banking from cyber attacks, according to two sources with knowled
Published 19 Sep, 2016 12:00am
Rio Paralympics says 'mission accomplished' as Games close

Rio Paralympics says 'mission accomplished' as Games close

Rio Paralympics organisers declared mission accomplished Sunday ahead of a closing ceremony that will celebrate the against-the-odds success of the Games but also pause to remember an Iranian cyclist killed in a race.
Published 19 Sep, 2016 12:00am
Strauss says no England 'blacklist' for Morgan

Strauss says no England 'blacklist' for Morgan

England supremo Andrew Strauss has said there will be no "blacklist" for Eoin Morgan despite the one-day captain opting out of the Bangladesh tour on security grounds. Morgan led the one-day side to home series wins over both Sri Lanka and Pakistan this s
Published 19 Sep, 2016 12:00am
Watford add to Mourinho woe as Palace soar

Watford add to Mourinho woe as Palace soar

Misfiring Manchester United crashed to a third consecutive defeat on Sunday as manager Jose Mourinho saw his side deservedly beaten 3-1 at Watford in the Premier League. Marcus Rashford cancelled out Etienne Capoue's opener for Watford, but a late goal by
Published 19 Sep, 2016 12:00am
Marathon man Murray hauls Britain level

Marathon man Murray hauls Britain level

Andy Murray hauled Great Britain level in their Davis Cup semi-final with Argentina following his comprehensive defeat of Guido Pella on Sunday. The world number two, who had played over eight hours of tennis over the previous two days, had to leave the c
Published 19 Sep, 2016 12:00am
BCCI opens tender bids for IPL broadcast rights

BCCI opens tender bids for IPL broadcast rights

India's cricket board on Sunday opened the tender process for allocating broadcast rights of the cash-rich Indian Premier League in the hope of securing billions of dollars.
Published 19 Sep, 2016 12:00am
Iranian Paralympic cyclist dies in race accident

Iranian Paralympic cyclist dies in race accident

An Iranian Paralympic cyclist died Saturday after an accident in the road race on the penultimate day of the Rio Games, officials said. Bahman Golbarnezhad, 48, fell during the event and died of his injuries despite an attempt to take him to the hospital
Published 19 Sep, 2016 12:00am
Ronchi warms up with ton in drawn tour game

Ronchi warms up with ton in drawn tour game

Opener Luke Ronchi scored a blistering century as New Zealanders were bowled out for 235 in their second innings against Mumbai in the drawn tour game in New Delhi Sunday. Ronchi, who opened the innings for the visitors, struck a 112-ball 107 to counter M
Published 19 Sep, 2016 12:00am
McHale wins Japan Women's Open

McHale wins Japan Women's Open

American seventh-seeded Christina McHale came from behind to beat Katerina Siniakova in a rain-disrupted final and win the Japan Women's Open title on Sunday. McHale scored a 3-6, 6-4, 6-4 victory over the unseeded Czech at Ariake Tennis Forest Park.
Published 19 Sep, 2016 12:00am
New Zealand complete rout of Pakistan

New Zealand complete rout of Pakistan

New Zealand completed a 5-0 rout of Pakistan in their Davis Cup Asia/Oceania Group I tie in Christchurch on Sunday when Finn Tearney and Jose Statham took the reverse singles.
Published 19 Sep, 2016 12:00am
Japan complete 5-0 Ukraine whitewash

Japan complete 5-0 Ukraine whitewash

Japan capped their return to the Davis Cup's elite World Group by completing a 5-0 home whitewash of Ukraine on Sunday. World number five Kei Nishikori was rested for the two dead rubbers on the final day, as on day one, leaving Taro Daniel and Yoshihito
Published 19 Sep, 2016 12:00am
Struff rescues Germany

Struff rescues Germany

Jan-Lennard Struff rescued Germany in Sunday's final singles rubber to preserve their Davis Cup World Group status by sealing a narrow 3-2 play-off win against Poland. Kamil Majchrzak's shock win over Florian Mayer earlier had put Poland back in the releg
Published 19 Sep, 2016 12:00am
Russia back on world stage

Russia back on world stage

Andrei Kuznetsov's win against Mikhail Kukushkin of Kazakhstan in Moscow on Sunday secured Russia's return to the Davis Cup World Group after a four-year absence. Kuznetsov's 6-1, 6-2, 6-2 win lifted Russia into an unassailable 3-1 lead and into the elite
Published 19 Sep, 2016 12:00am
Croatia beat France, into Davis Cup final

Croatia beat France, into Davis Cup final

Croatia sealed their ticket to the Davis Cup final after Marin Cilic's three sets victory over Richard Gasquet gave them an unassailable 3-1 lead over nine-time champions France in Zadar.
Published 19 Sep, 2016 12:00am
Turbulence at South African airline reveals government woes

Turbulence at South African airline reveals government woes

Spiralling debt, massive losses and a widely-criticised boss. For many, the problems besetting South African Airways (SAA), the state-owned national airline, are emblematic of issues roiling President Jacob Zuma's government and fuelling unease among fore
Published 19 Sep, 2016 12:00am
Israel second quarter GDP revised higher as exports up sharply

Israel second quarter GDP revised higher as exports up sharply

Israel's economy grew at an annualised rate of 4 percent in the second quarter, faster than previously thought and its strongest pace since late 2014, driven by a rebound in exports, the Central Bureau of Statistics said on Sunday in its second estimate.
Published 19 Sep, 2016 12:00am
Qatar central bank offers bonds in second riyal sale in 2016

Qatar central bank offers bonds in second riyal sale in 2016

Qatar's central bank is offering 3 billion riyals ($824 million) of government bonds in its second domestic bond sale this year, according to a circular seen by Reuters. The central bank only issued its first domestic bonds this year in August when it sol
Published 19 Sep, 2016 12:00am
Qatar central bank offers bonds in second riyal sale in 2016

Qatar central bank offers bonds in second riyal sale in 2016

Qatar's central bank is offering 3 billion riyals ($824 million) of government bonds in its second domestic bond sale this year, according to a circular seen by Reuters. The central bank only issued its first domestic bonds this year in August when it sol
Published 19 Sep, 2016 12:00am
Canada will impose nationwide carbon price

Canada will impose nationwide carbon price

Canada will impose a carbon price on provinces that do not adequately regulate emissions by themselves, Environment Minister Catherine McKenna said on Sunday without giving details on how the Liberal government will do so.
Published 19 Sep, 2016 12:00am
As divided Fed meets, economic data favour standing pat

As divided Fed meets, economic data favour standing pat

Two months ago, disagreements at the heart of the US Federal Reserve spilled out into the open, with policymakers squaring off over the near-term threat of inflation. And yet as the Federal Open Market Committee prepares to meet again next Tuesday and Wed
Published 19 Sep, 2016 12:00am
China to invest $450 billion modernising agriculture by 2020

China to invest $450 billion modernising agriculture by 2020

The Agricultural Development Bank of China, one of the country's main policy lenders, agreed to loan at least 3 trillion yuan ($450 billion) by 2020 for the modernisation of China's agriculture industry, state media said on Sunday.
Published 19 Sep, 2016 12:00am
Samsung says sold off shares in four tech firms

Samsung says sold off shares in four tech firms

Samsung Electronics said Sunday it had sold shares it held in four technology companies including US chipmaker Rambus and Japan's Sharp to free up money and focus on its main business. The South Korean tech giant also sold shares in Dutch semiconductor eq
Published 19 Sep, 2016 12:00am
Egypt sacks heads of silos company, internal trade development

Egypt sacks heads of silos company, internal trade development

Egypt's new supply minister has sacked the chairman of the Egyptian Holding Company for Silos and Storage and the head of the country's internal trade development agency, the official MENA news agency said on Sunday.
Published 19 Sep, 2016 12:00am
LafargeHolcim to withdraw from several countries

LafargeHolcim to withdraw from several countries

LafargeHolcim is considering withdrawing from several markets as part of its efforts to make last year's mega-merger a success, Chairman Beat Hess told weekly Sonntagszeitung.
Published 19 Sep, 2016 12:00am
Dollar lending outside US falls for first time since 2009: BIS
Currency

Dollar lending outside US falls for first time since 2009: BIS

Global lending remained weak in 2016's first quarter, with dollar-denominated bank loans to non-US borrowers world-wide falling for the first time since the 2007-09 financial crisis, the Bank for International Settlements said on Sunday. Dollar loans to e
Published 19 Sep, 2016 12:00am
Investors fear 'bond shock', stocks most overvalued since 2000

Investors fear 'bond shock', stocks most overvalued since 2000

Global investors, wary of a bond selloff and overvalued equities in the developed world, have increased cash holdings in portfolios and upped emerging market equity positions to their highest in three and a half years, a survey showed on Tuesday.
Published 19 Sep, 2016 12:00am
Investors fear 'bond shock', stocks most overvalued since 2000

Investors fear 'bond shock', stocks most overvalued since 2000

Global investors, wary of a bond selloff and overvalued equities in the developed world, have increased cash holdings in portfolios and upped emerging market equity positions to their highest in three and a half years, a survey showed on Tuesday.
Published 19 Sep, 2016 12:00am
Takeaway.com plans IPO on Euronext

Takeaway.com plans IPO on Euronext

Takeaway.com, the Dutch-based online restaurant ordering and delivery service, said on Tuesday it would seek a listing on Amsterdam's Euronext stock exchange in the coming weeks. The company said it would sell 175 million euros ($195 million) in newly-iss
Published 19 Sep, 2016 12:00am
Bangladesh's interbank forex rates

Bangladesh's interbank forex rates

Interbank buy/sell rates for the taka against the dollar on Sunday. 78.40-78.40 (previous 78.40-78.40).
Published 19 Sep, 2016 12:00am
Automated trading could work against investors: US SEC chief

Automated trading could work against investors: US SEC chief

The chair of the US Securities and Exchange Commission on Wednesday raised concerns that automated trading could hurt some investors, and laid out the regulator's approach to the fast-evolving practice of using algorithms and software to make trading deci
Published 19 Sep, 2016 12:00am
Tokyo's analysts outperform on a bad metric

Tokyo's analysts outperform on a bad metric

Japanese analysts are outperforming on a worrying metric. Groupthink is a common problem and sell-side researchers in many markets face pressure to be kind to companies. Japan, however, stands out for the uniformity of opinions, according to a screening o
Published 19 Sep, 2016 12:00am
US funds and Iceland square up over bond freeze
Currency

US funds and Iceland square up over bond freeze

A group of US funds battling with Iceland after it froze $1.4 billion of the government's bonds they own are limbering up for a legal fight if Reykjavik continues to stonewall efforts at a deal. While the players and amounts of money involved mean the sit
Published 19 Sep, 2016 12:00am
US funds and Iceland square up over bond freeze
Currency

US funds and Iceland square up over bond freeze

A group of US funds battling with Iceland after it froze $1.4 billion of the government's bonds they own are limbering up for a legal fight if Reykjavik continues to stonewall efforts at a deal. While the players and amounts of money involved mean the sit
Published 19 Sep, 2016 12:00am
Obama, Netanyahu to meet in New York

Obama, Netanyahu to meet in New York

President Barack Obama will meet with Israeli Prime Minister Benjamin Netanyahu next week in New York on the sidelines of the UN General Assembly, the White House said Sunday. Obama and Israel's prime minister will have a bilateral meeting Wednesday, with
Published 19 Sep, 2016 12:00am
Swiss populist Blocher escapes elderly knifeman unharmed

Swiss populist Blocher escapes elderly knifeman unharmed

The longtime strongman of Switzerland's populist right Christoph Blocher was attacked by an elderly man carrying a knife after a political debate in Zurich, but escaped unharmed, a newspaper reported Sunday.
Published 19 Sep, 2016 12:00am
Libyan loyalist bid to retake oil ports fails

Libyan loyalist bid to retake oil ports fails

A counter-attack by fighters loyal to Libya's UN-backed unity government aimed at retaking key eastern oil ports was repelled on Sunday by forces from a rival administration. The operation came as three members of forces loyal to the Tripoli-based Governm
Published 19 Sep, 2016 12:00am
Kenya oil reserves at stake in border spat with Somalia

Kenya oil reserves at stake in border spat with Somalia

Kenya's fight to hold on to potentially lucrative Indian Ocean oil and gas reserves, threatened by a maritime border spat with Somalia, goes before the UN's top court in The Hague on Monday. The hearings, due to last through the week, are the first stage
Published 19 Sep, 2016 12:00am
Somali general killed in suicide car bomb attack

Somali general killed in suicide car bomb attack

A top Somalia general known for fighting the jihadist Shabaab group, was killed on Sunday when a suicide bomber rammed an explosives-packed car into his vehicle, officials and witnesses said.
Published 19 Sep, 2016 12:00am
Corruption acts like a drug: Pope Francis

Corruption acts like a drug: Pope Francis

Corruption is like a drug on which people become dependent, Pope Francis said Sunday, addressing thousands of faithful assembled at Saint Peter's square in Rome.
Published 19 Sep, 2016 12:00am
One in four French Muslims in 'revolt' against secular laws

One in four French Muslims in 'revolt' against secular laws

Around one in four French Muslims, mostly young people, support an ultra-conservative form of Islam, including the wearing of the full-face veil, but the vast majority accept France's strict secular laws, a study showed Sunday.
Published 19 Sep, 2016 12:00am
Renzi steps up attack on EU, Merkel

Renzi steps up attack on EU, Merkel

Italian Prime Minister Matteo Renzi stepped up his attacks against other European Union leaders on Sunday after an EU summit in Bratislava which he said amounted to no more than "a nice cruise on the Danube."
Published 19 Sep, 2016 12:00am
Iran supports any move to stabilise oil market: Rouhani

Iran supports any move to stabilise oil market: Rouhani

Iran's President Hassan Rouhani said Tehran supports any move to stabilise the global oil market and lift prices, the Iranian oil ministry news agency SHANA quoted him as saying on Sunday.
Published 19 Sep, 2016 12:00am