U.S. slaps sanctions on Iran's intelligence ministry

February 17, 2012 9:14 am· Comments Off on U.S. slaps sanctions on Iran's intelligence ministry 

WASHINGTON, Feb. 17 — The United States on Thursday targeted Iran's Ministry of Intelligence and Security (MOIS) for sanctions over its alleged support to terrorist groups and the Syrian government.

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16 killed, over 10,000 affected in cyclone-hit Madagascar

February 17, 2012 9:14 am· Comments Off on 16 killed, over 10,000 affected in cyclone-hit Madagascar 

ANTANANARIVO, Feb. 16 — The provisional death toll following the passage of cyclone Giovanna on Monday and Tuesday has risen to 16 as another 65 were injured and 10,856 were affected by the cyclone, a source from the Madagascan National Bureau for Disaster Management (BNGRC) said on Thursday.

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China to strengthen financial services for tourism

February 17, 2012 9:14 am· Comments Off on China to strengthen financial services for tourism 

BEIJING, Feb. 16 — China will step up financial services to boost the development of tourism in its latest efforts to strengthen support for the real economy.

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White House still reviewing Iran's response on nuclear talks

February 17, 2012 9:14 am· Comments Off on White House still reviewing Iran's response on nuclear talks 

WASHINGTON, Feb. 17 — The White House said on Thursday that the Obama administration was still reviewing Iran's recent response on the nuclear talks with world powers, reiterating that a diplomatic solution was possible on the Iranian nuclear standoff.

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Roundup: Positive economic data spark rally on Wall Street

February 17, 2012 9:14 am· Comments Off on Roundup: Positive economic data spark rally on Wall Street 

NEW YORK, Feb. 17 — A latest bunch of positive economic data sparked a rally on Wall Street on Thursday, pushing major indexes to fresh multi-year closing highs.

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Israel to buy dozens of Italian jets for military training

February 17, 2012 9:14 am· Comments Off on Israel to buy dozens of Italian jets for military training 

JERUSALEM, Feb. 17 — Israel reached a 1 billion-U.S. dollar preliminary agreement with Italy to buy 30 military training jets to replace the current ones, which are over 40 years old, while Italy will buy Israeli defense equipment worth 1 billion dollars, local media reported on Thursday.

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Commentary: Related parties should snap up hard-won opportunities to solve Iranian nuclear issue

February 17, 2012 9:14 am· Comments Off on Commentary: Related parties should snap up hard-won opportunities to solve Iranian nuclear issue 

By Du Yuanjiang and He Guanghai

TEHRAN, Feb. 17 — After a more than one-year-long deadlock over talks on Iran's suspected nuclear program, Tehran said Wednesday it has replied to European Union (EU) Foreign Policy chief Catherine Ashton's October letter over resumption of nuclear talks.

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Gold ends a tad higher as crude oil price rallies

February 17, 2012 9:14 am· Comments Off on Gold ends a tad higher as crude oil price rallies 

CHICAGO, Feb. 17 — Gold futures on the COMEX Division of the New York Mercantile Exchange ended a tad higher on Thursday, as upbeat U.S. economic data boosted U.S. dollar, reducing the appeal of precious metal as an alternative asset, but the strong rally in crude oil price offered some support.

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Oil rises on U.S. job data, Greek deal hopes

February 17, 2012 9:14 am· Comments Off on Oil rises on U.S. job data, Greek deal hopes 

NEW YORK, Feb. 17 — Crude prices rose as U.S. positive job data lifted market sentiment and there came a new round of hopes for Greek debt deal.

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Swedish inflation drops to 1.9% in January

February 17, 2012 9:14 am· Comments Off on Swedish inflation drops to 1.9% in January 

STOCKHOLM, Feb. 17 — The inflation rate in Sweden dropped to 1.9 percent in January compared to December 2011, the Swedish Central Statistics Bureau (SCB) said on Thursday.

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