2015: the Year that Changed Everything?
There has been no lack of disasters taking place in 2015. Some can be classified as “natural” others as human caused. In all cases, anyway, they are an indication of Continue Reading
Oil ends 2015 in downbeat mood; hangover to be long, painful
Oil prices headed for a second year of steep losses, despite inching up fractionally in the last trading hours of 2015, as record OPEC supply created an unprecedented global glut Continue Reading
Analysts see 2016 oil price rise, while traders bet on fall
A year ago, after oil prices had halved in six months, analysts were forecasting a price recovery in 2015 while many traders were busy shorting the market. As it turned Continue Reading
Rouhani expands Iran’s missile program despite U.S. sanctions threat
President Hassan Rouhani ordered his defense minister on Thursday to expand Iran’s missile program, in defiance of a U.S. threat to impose sanctions over a ballistic missile test Iran carried Continue Reading
Iran Vows to Speed Up Ballistic-Missile Program, Casting Fresh Doubts on Nuclear Accord
Iranian President Hassan Rouhani ordered his defense minister to expedite development of the country’s ballistic missile program in response to new U.S. sanctions set to be imposed on Iranian defense Continue Reading
Turkey’s Campaign Against Kurdish Militants Takes Toll on Civilians
A major Turkish military operation to eradicate Kurdish militants in Turkey ’s restive southeast has turned dozens of urban districts into bloody battlefields, displacing hundreds of thousands of civilians and Continue Reading
Russia to build oil rigs for Iran in Persian Gulf
A Russian ship-building company has signed a contract with an Iranian firm to construct oil rigs for the Iranian side in the Persian Gulf, Press TV reported on Wednesday. Russian Continue Reading
White House Delays Imposing New Sanctions on Iran for Missile Program
The White House has delayed its plan to impose new financial sanctions on Iran for its ballistic missile program, according to U.S. officials, amid growing tensions with Iran over the Continue Reading
UN says 980 killed in Iraq violence in December
Violence has claimed the lives of 980 Iraqis in December, up from 888 the previous month, the United Nations said on Friday. The U.N. Assistance Mission for Iraq, known as Continue Reading
China December factory activity shrinks, more stimulus needed in 2016
China looked set for a soggy start to 2016 after activity in the manufacturing sector contracted for a fifth straight month in December, suggesting the government may have to step Continue Reading