Middle East

UN Urges Electoral Reforms, Release of Protesters in Iraq –

November 11, 2019

The United Nations Assistance Mission to Iraq warned Sunday of the need for timely, tangible results in the government’s response to protests that began in early October, and offered a roadmap to address some of the demonstrators’ demands. The U.N. office issued a statement saying that within a week the government should release all protesters […]

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GE unit orders 25 Airbus jets including 12 Rolls-powered A330neo: sources

November 8, 2019

PARIS (HeadlineNews) – Leasing giant GECAS, the aircraft leasing subsidiary of General Electric (GE.N), has ordered 25 Airbus (AIR.PA) aircraft including a rare purchase of jets powered by GE’s rival engine maker Rolls-Royce, two people familiar with the matter said. FILE PHOTO: The logo of U.S. conglomerate General Electric is seen on the company building […]

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Oil rebounds on fresh hopes for U.S.-China trade deal

November 7, 2019

SEOUL (HeadlineNews) – Oil prices rose on Thursday amid new hints from China on progress towards a trade deal with the United States, offsetting downward pressure from a huge increase in U.S. crude stockpiles. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford Brent crude futures LCOc1 were […]

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Oil slips on huge U.S. crude build; hopes for U.S.-China trade talks check losses

November 5, 2019

SEOUL (HeadlineNews) – Oil prices dropped on Wednesday after industry data showed a larger-than-expected build-up in U.S. crude stockpiles, but expectations for an easing of trade tensions between the United State and China capped losses. FILE PHOTO: Pump jacks operate at sunset in Midland, Texas, U.S. February 11, 2019. REUTERS/Nick Oxford Brent crude futures LCOc1 […]

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Oil edges down; eyes on data amid trade deal hopes

November 3, 2019

SINGAPORE (HeadlineNews) – Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France September […]

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Five candidates to run in Algeria’s presidential election next month

November 2, 2019

ALGIERS (HeadlineNews) – Five candidates will run in Algeria’s presidential election next month, including two former prime ministers, the head of the election authority said on Saturday, amid mass protests rejecting the vote. People walk past a campaign poster for presidential election in Algiers, Algeria November 2, 2019. REUTERS/Ramzi Boudina The authorities have repeatedly said […]

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Oil holds steady as Russia reaffirms commitment to output cuts

October 27, 2019

TOKYO (HeadlineNews) – Oil prices were steady on Monday, holding on to strong gains last week, after Russia affirmed its commitment to a deal with OPEC producers to keep production in check and support prices. FILE PHOTO: An oil pump is seen just after sunset outside Saint-Fiacre, near Paris, France September 17, 2019. REUTERS/Christian Hartmann […]

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Saudi Arabia faces reality check as Wall Street heads to Riyadh

October 24, 2019

DUBAI (HeadlineNews) – Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed. FILE PHOTO: View shows the King Abdullah Financial District, north of Riyadh, Saudi Arabia, March 1, 2017. REUTERS/Faisal Al Nasser The CEOs of Citigroup (C.N) and Credit Suisse (CSGN.S), as well as the heads of fund […]

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Oil pares U.S. stock-draw gains on weak demand outlook

October 23, 2019

SINGAPORE (HeadlineNews) – Oil prices dipped on Thursday on lingering concerns about a weak demand outlook, after surging more than 2% in the previous session on the back of a surprise draw in U.S. crude stocks. FILE PHOTO: Pumpjacks are seen during sunset at the Daqing oil field in Heilongjiang province, China August 22, 2019. […]

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Egypt accepts invitation to meet in U.S. over Ethiopia dam dispute

October 22, 2019

CAIRO (HeadlineNews) – Egypt said on Tuesday it had accepted a U.S. invitation to a meeting of foreign ministers over a project for a giant hydropower dam on Ethiopia’s Blue Nile that is causing an escalating spat between the two African countries. FILE PHOTO: The Blue Nile flows into Ethiopia’s Great Renaissance Dam in Guba […]

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