US says willing to meet with Iran on nukes but no talks set

Published : 12:00 am  October 22, 2012  |  Category: International  |  Leave a Comment  |  295 views  |  
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Reuters: The New York Times reported on Saturday that the United States and Iran have agreed in principle to hold one-on-one negotiations on Iran’s nuclear program but the White House quickly denied that any talks had been set. The Times, quoting unnamed Obama administration officials, said earlier on Saturday the two sides had agreed to bilateral negotiations after secret exchanges between U.S. and Iranian officials. The newspaper later said the agreement was “in principle.”  Read More →


EU tiptoes around the idea of single euro zone budget

Published : 12:00 am  October 22, 2012  |  Category: International  |  Leave a Comment  |  1 views  |  
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Reuters: Euro zone countries have been married in a single currency union for well over decade, but only now are they considering the tricky issue of whether they should share a budget. At a two-day summit that ended on Friday, EU leaders discussed the idea in more detail, with Herman Van Rompuy, the president of the European Council and chairman of the summit, saying it was an anomaly for a currency union not to have a common budget or, as he put it, a common “fiscal capacity”.  Read More →


Under fire over Congo rebels, Rwanda wins Security Council seat

Published : 12:00 am  October 20, 2012  |  Category: International  |  Leave a Comment  |  291 views  |  
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Reuters: Rwanda won a seat on the U.N. Security Council on Thursday, despite accusations by a U.N. panel that Rwanda’s defense minister commands a rebellion in Democratic Republic of Congo, and warned countries against cutting off aid over the charges.  Read More →


Bangladesh father denies son involved in New York bomb plot

Published : 12:00 am  October 20, 2012  |  Category: International  |  Leave a Comment  |  288 views  |  
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Reuters: The father of a Bangladeshi man accused of attempting to blow up the New York Federal Reserve Bank denied on Thursday that his son was involved and said he was the victim of a “racist conspiracy.” Quazi Mohammad Rezwanul Ahsan Nafis, 21, was arrested on Wednesday in New York and faces charges of attempting to use a weapon of mass destruction and attempting to provide material support to al Qaeda.  Read More →


After 79 years in print, Newsweek goes digital only

Published : 12:00 am  October 20, 2012  |  Category: International  |  Leave a Comment  |  284 views  |  
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REUTERS: Newsweek, one of the most internationally recognized magazine brands in the world, will cease publishing a print edition after nearly 80 years. The decision to go all-digital underscores the problems faced by newsweeklies, as more consumers favor tablets and mobile devices over print in an increasingly commoditized, 24-hour news cycle.  Read More →


Asian shares rise as US, China data eases worries

Published : 12:01 am  October 19, 2012  |  Category: International  |  Leave a Comment  |  256 views  |  
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Reuters: Asian shares struck a seven-month high on Thursday as worries about a sharper slowdown in global growth eased after a slew of Chinese data signalled stabilisation in the world’s second largest economy, and the US produced positive economic news.  Read More →


India, Australia weigh uranium deal during Gillard visit

Published : 12:01 am  October 19, 2012  |  Category: International  |  Leave a Comment  |  347 views  |  
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Reuters: The Australian and Indian prime ministers held talks on Wednesday that could pave the way for Australia to sell uranium to energy-hungry India, after Canberra lifted a long-standing export ban that had strained bilateral relations.  Read More →


IMF urges aid for Italy, Spain but Rome baulking

Published : 12:01 am  October 19, 2012  |  Category: International  |  Leave a Comment  |  256 views  |  
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Reuters: The International Monetary Fund called on the eve of a European Union summit for both Spain and Italy to seek euro zone assistance to draw a line under the bloc’s debt crisis, but Rome has rebuffed the idea and Madrid seems likely to apply alone.  Read More →


China issues nuclear safety blueprint, eyes $ 13 b investment

Published : 12:00 am  October 18, 2012  |  Category: International  |  Leave a Comment  |  352 views  |  
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Reuters: China will have to spend around 80 billion yuan by 2015 to upgrade the security of its nuclear facilities and radioactive contamination control to international standards, a report issued by the Ministry of Environmental Protection said.  Read More →


‘Grexit’ could spark global economic crisis: German think tank

Published : 12:00 am  October 18, 2012  |  Category: International  |  Leave a Comment  |  317 views  |  

BERLIN (Reuters): A Greek exit from the euro zone could trigger a global economic crisis of dire proportions and must be avoided at all costs, a respected German think tank said in a study published on Wednesday.  Read More →


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