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Saudi oil exports suge, seeks to sell more

Saudi oil exports suge, seeks to sell more

Top oil producer Saudi Arabia increased exports sharply in the past week and is offering extra supplies to its biggest customers worldwide in what industry sources said appeared to be a bid to tame runaway crude prices.

February 25, 2012 12:17
 
Judge deems Saudi accused in US bomb plot competent to stand trial

Judge deems Saudi accused in US bomb plot competent to stand trial

A Saudi student accused of plotting to build and detonate bombs against targets including the Dallas home of former President George W. Bush was declared competent to stand trial on Tuesday by a federal judge.

February 22, 2012 12:42
 
US signals possibility of arming Syrian rebels

US signals possibility of arming Syrian rebels

The United States appeared to open the door to eventually arming Syria's opposition, saying that if a political solution to the crisis was impossible it might have to consider other options.

February 22, 2012 12:40
 
Banking’s SWIFT says ready to block Iran transactions

Banking’s SWIFT says ready to block Iran transactions

Belgium-based SWIFT, which provides banks with a system for moving funds around the world, bowed to international pressure on Friday and said it was ready to block Iranian banks from using its network to transfer money.

February 19, 2012 10:09
 
Chinese Premier stresses urgency in addressing chaos in Syria

Chinese Premier stresses urgency in addressing chaos in Syria

Chinese Premier Wen Jiabao said on Tuesday it was urgent to prevent war and chaos in Syria and vowed to work through the United Nations to seek an end to civil strife in the country.

February 14, 2012 2:48
 
Egypt releases Australian journalist, US student

Egypt releases Australian journalist, US student

Egyptian authorities have released an Australian journalist and an American student who were detained on suspicion they had distributed cash to workers and incited them to take part in a strike, a judicial source said.

February 14, 2012 2:23
 
Economic playoffs: Greece vs Japan vs China vs the US

Economic playoffs: Greece vs Japan vs China vs the US

Goldman Sachs' Jim O'Neill cautions that unless the fall out of the Greek debt restructuring results in fresh challenges for Italy and Spain, it’s best to remain unexcited about it.

February 12, 2012 4:19
 
Egypt detains Australian journalist, US student

Egypt detains Australian journalist, US student

Egyptian authorities detained an Australian journalist and an American student on Saturday on suspicion they had distributed cash to workers and incited them to take part in a strike called by activists demanding an end to army rule, the state news agency said.

February 12, 2012 2:31
 
First official US visit discusses NGO case in Cairo

First official US visit discusses NGO case in Cairo

The top US military officer met Egypt's ruling generals in Cairo on Saturday and discussed the case of US pro-democracy activists charged in an investigation that has strained ties between Cairo and Washington.

February 12, 2012 2:29
 
Sanctions weigh on Lebanon-Syria banking ties

Sanctions weigh on Lebanon-Syria banking ties

Banks in Lebanon are quietly implementing US and EU sanctions to avoid jeopardising international business. As a result, some Syrian money may be flowing to Russia or UAE.

February 11, 2012 7:08
 
Iran economy could limp along under sanctions

Iran economy could limp along under sanctions

With Iran's oil earnings possibly dropping and sanctions may cut GDP by 10 percent, can the country's economic diversity and self-reliance be enough to cushion the blow?

February 7, 2012 5:07
 
Geopolitics, debt refinancing leave funds wary of Gulf

Geopolitics, debt refinancing leave funds wary of Gulf

Tensions over Iran, unrest in Syria and concern about refinancing of upcoming Dubai debt are making international investors wary of Gulf and other Middle Eastern markets this year, just as developed markets enjoy fresh gains.

February 7, 2012 2:25
 
US senators mull sanctions on Iran’s Ahmadinejad

US senators mull sanctions on Iran’s Ahmadinejad

US lawmakers are considering a bid to force President Barack Obama's administration to blacklist Iran's President Mahmoud Ahmadinejad and the country's supreme leader, Ayatollah Ali Khamenei, in an effort to thwart Tehran's nuclear capabilities, a congressional aide said on Wednesday.

February 2, 2012 1:28
 
US lawmakers take next step on new Iran sanctions

US lawmakers take next step on new Iran sanctions

Targets affiliates of Revolutionary Guard Corps; Could lead to sanctions on those who buy from NIOC, NITC; BP's Shah Deniz gas project would be excluded

January 31, 2012 2:44
 
With stability at home, Yemeni chief in US visit

With stability at home, Yemeni chief in US visit

Aide says Saleh is headed to New York; Saleh has transferred some powers to his deputy; Presidential elections set for Feb. 21

January 29, 2012 11:07
 
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