Charlotte Ingham, senior political risk analyst at Maplecroft, warns that conflict and political instability will continue to increase in 2014, especially in Middle Eastern and North African states.» Read More
"As the FCC has said before, their sole role on this issue is to examine the technical feasibility of the use of mobile devices in flight.... The FCC later on Thursday will vote on Chairman Tom Wheeler's proposal that the agency relax its technical rules that regulate the use of telephones aboard planes.
LONDON, Dec 12- Iran has bought up to 100,000 tonnes of Indian raw sugar in rare deals as a wider number of foreign suppliers aim to sell Tehran agricultural commodities after last month's nuclear deal.
*Dubai, Abu Dhabi, Oman expanding cruise terminals. After competing for business in the last few years, Abu Dhabi and Dubai, both part of the seven-member United Arab Emirates, and neighbouring Oman are now collaborating to promote the region as a cruise destination.
*Dubai, Abu Dhabi, Oman expanding cruise terminals. After competing for business in the last few years, Abu Dhabi, Dubai and Oman are now collaborating to promote the region as a cruise destination.
KOLKATA, India, Dec 12- India is waiting for Iran to tell it how to make payments for oil allowed under last month's deal with global powers on sanctions and will pay in instalments, Reserve Bank of India Deputy Governor H.R. Khan said on Thursday.
GAZA CITY, Gaza Strip-- Gaza's Hamas government said its prime minister held a rare phone conversation with Russia's foreign minister Wednesday. According to the Russian statement, Haniyeh told Lavrov about the social and economic situation in Gaza and discussed overcoming differences between Hamas and its rival government in the West Bank.
MUMBAI, Dec 12- Chef Matteo Boglione, at the newly opened Le Cirque Signature in Mumbai, says that when he was getting started at the offshoot of one of New York's elite restaurants he was told repeatedly: "We want more vegetables".
AMSTERDAM, Dec 12- Every year Singaporeans and Malaysians choke on smoke when farmers and plantation firms in neighbouring Indonesia clear the land with fires during the dry season. Last summer, Philips diverted stocks of air purifiers from Hong Kong and China to the area in time for the worst pollution in 16 years.
DELHI/ MUMBAI, Dec 12- Symbols of India's emergence as an economic powerhouse line the four-lane highway to Jaipur out of New Delhi: a factory owned by the world's biggest motorbike maker, glass towers housing global call centres, shopping malls for India's burgeoning middle class.
WASHINGTON, Dec 11- Developing countries lost nearly $1 trillion to fraud, corruption and shady business transactions in 2011, vastly outpacing the foreign aid they received and the pace of dirty money leaving emerging nations is accelerating, a new report found.
WASHINGTON, Dec 11- Nineteen people and companies in Europe and Asia acted as middlemen for Iranian airline Mahan Air, helping it procure supplies from the United States in violation of U.S. sanctions, the U.S. Commerce Department said on Wednesday.
WASHINGTON, Dec 11- Royal Bank of Scotland Group Plc will pay $100 million to resolve U.S. probes into the bank's dealings with Sudan, Iran, and other sanctioned countries, U.S. authorities said on Wednesday.
*U.S. checking whether supplies seized by Islamic Front. ISTANBUL, Dec 11- The United States and Britain suspended non-lethal aid to northern Syria after Islamist fighters seized Western-backed rebel weapons warehouses, highlighting fears that supplies could end up in the wrong hands.
LONDON, Dec 11- Oil rose above $109 a barrel on Wednesday, erasing earlier losses after closely-watched U.S. inventory data showed the biggest draw on crude oil stocks this year.
*Al-Qaeda affiliate launches attacks in western Iraq. *Seeking to create "Islamic state" across Iraq- Syria border. "Al Qaeda believes these areas do not have strong security and social ties to the central government so it would be easy to separate them from Iraq," independent analyst Hashim al-Habobi said.
ISTANBUL, Dec 11- Turkey's state-run Halkbank can only resume processing Indian oil payments to Iran once Western sanctions are officially lifted following an interim deal in Geneva last month, a senior Halkbank official said on Wednesday.
PARIS, Dec 11- Brisk world demand and shrinking supplies, notably in competing Black Sea countries, are likely to drive soft wheat exports from the European Union to record highs this season, beating earlier expectations.
*Two new pipelines set to drain oil from Cushing. LONDON, Dec 11- Oil edged down below $109 a barrel on Wednesday, shrugging off forecasts of surging global demand from the west's energy watchdog, while the market awaited U.S. data that is expected to show a drop in crude stockpiles.
*Sign of Saudi Arabia becoming self-sufficient in meeting gasoil needs. SINGAPORE, Dec 11- Exxon Mobil Corp has offered gasoil cargoes through a rare term tender from its joint-venture refinery in Saudi Arabia, in a further sign that the country is becoming more self-sufficient in meeting its gasoil needs.
*Two new pipelines set to drain oil from Cushing. LONDON, Dec 11- Oil held steady above $109 a barrel on Wednesday, shrugging off predictions from the West's energy watchdog of rising global demand as the market awaited U.S. data that is expected to show a drop in crude stockpiles.