Iraq’s Maliki sees coalition with Shi’ite rivals

Iraqi Prime Minister Nuri al-Maliki acknowledged on Sunday that he would probably need partners to gain a majority after the election on March 7, and said he was ready to join with Kurdish or other Shi’ite groups. “Alliances in forming the coming government are a must,” he said in remarks carried by the state-owned National Media Centre. “Coalition with the Iraqi National Alliance (INA) and the Kurdish coalition is... [more]

Prime Minister Manmohan Singh pitched to boost oil cooperation with Saudi

Indian Prime Minister Manmohan Singh pitched for investment in his economy and closer petroleum sector cooperation with Saudi Arabia on Sunday, the second day of a visit to the Middle East oil giant. The first Indian premier to visit Saudi Arabia in 28 years, Singh said his country’s growth opens huge opportunities for trade and investment. India, which receives 20 percent of its oil from Saudi Arabia, wants to deepen that relationship,... [more]

Clinton headed for Chile after quake

Secretary of State Hillary Clinton flies toLatin America on Sunday for a trip which includes a stop in quake-ravaged Chile and talks in Brazil over Iran’s nuclear program. Officials said Clinton still planned to visit Chile, where she was due to hold talks on Tuesday with outgoing President Michelle Bachelet andPresident-elect Sebastian Pinera, both grappling with the aftermath of Saturday’s devastating 8.8 magnitude... [more]

Environment, Drugs & Wilders dominate Dutch local elections

Geert Wilders, the Amsterdam North-South metro line, drugs and the environment, these are the main themes in the campaigns for the Dutch local elections to be held on the third of March. This year, the local elections have taken on added significance because of the fall of the cabinet, which is still fresh in voters’ memories. The government crisis is expected to affect the results in the local elections. National politicians are sure... [more]

British banking faces major makeover

 Britain’s retail banking sector is in the midst of a major makeover as lenders post sharply-improved earnings, bosses relinquish bonuses and new players prepare to join a recovering market. Half-way into the earnings season, analysts are lauding a 114-percent jump in annual profits at Barclays and a narrowing of losses at state-contolled groups Royal Bank of Scotland (RBS) and Lloyds Banking Group (LBG). Following the encouraging... [more]

N.Korea may return to talks in March or April

 North Korea may return to nuclear disarmament talks in March or April, Yonhap news agency said Sunday, citing an unnamed senior South Korean government official. “We believe North Korea will come back to the six-party talks sooner or later, possibly in March or April, although we cannot predict the exact timing,” the official was quoted by Yonhap telling a group of South Korean journalists in Washington on Saturday. “Our... [more]

Today in History – 27th FEB.

Today is Saturday, Feb. 27, the 58th day of 2010. There are 307 days left in the year. Today’s Highlight in History: On Feb. 27, 1960, the U.S. Olympic hockey team defeated the Soviets, 3-2, at the Winter Games in Squaw Valley, Calif. (The U.S. team went on to win the gold medal.) On this date: In 1801, the District of Columbia was placed under the jurisdiction of Congress. In 1807, poet Henry Wadsworth Longfellow was born in Portland,... [more]

Berlusconi corruption trial adjourned

JUDGES have adjourned until March 26 the trial that will see Italian Prime Minister Silvio Berlusconi accused of corrupting his former tax lawyer. Mr Berlusconi, who did not attend the hearing, is on trial for allegedly paying $US600,000 ($675,371) to British tax lawyer David Mills in exchange for false testimony during two trials in the mid-1990s. Mr Mills’ parallel trial for the same crime was thrown out by Italy’s appeals... [more]

Toyota accused of withholding information

A senior US congressman has accused Toyota of withholding documents it should have disclosed in lawsuits filed by crash victims. Democratic Representative Edolphus Towns, the chairman of a House committee that questioned Toyota executives this week about the carmaker’s recall, said that Toyota’s actions amounted to “a systematic disregard for the law”. Toyota has denied the charge. The world’s biggest car manufacturer... [more]

Twitter and Facebook for US troops

US troops are going to be allowed to use social networks such as Twitter and Facebook after a Pentagon review found that the benefits of social media outweigh security concerns. The decision, which comes at a time of growing concern over cyber-security, applies only to the US military’s non-classified network. But it could mean big changes for large portions of the US armed forces, including the Marines, which had selectively banned... [more]

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