Prime Minister John Key, whose National Party won a decisive election victory last month that saw it return to power for a third consecutive term, outlined his plans at the ceremonial opening of the nation's 51st Parliament. In accordance with New Zealand parliamentary tradition, Key's opening speech was delivered by the governor general, Sir Jerry Mateparae.» Read More
Stephen Nagy, Associate Professor at International Christian University, says Japan's decision to end the ban on "collective self-defense" has no offensive motivations.
TRIPOLI, July 1- Libyan rebels blockading key eastern oil ports have agreed to reopen the remaining two terminals at Es Sider and Ras Lanuf on Wednesday, a rebel spokesman said, in a "goodwill gesture" that could restore a big part of the OPEC country's lost exports. Since last summer, the port seizures have crippled Libya's oil industry.
*Putin says he and Europe could not sway Poroshenko on ceasefire. KIEV, July 1- Ukrainian forces struck at pro-Russian separatist bases in eastern regions with air and artillery strikes on Tuesday after President Petro Poroshenko announced he would not renew a ceasefire but go on the offensive to rid Ukraine of "parasites".
Sanctions imposed on Russia have brought growth to a standstill and have had a "chilling effect" on investment, the IMF warned.
BAGHDAD, July 1- The acting speaker of Iraq's newly elected parliament, Mehdi al-Hafidh, told lawmakers on Tuesday the country needed to restore stability and security so it could move on to the "right" path. Sunni insurgents have captured large swathes of territory in Iraq's north over the past three weeks and have been in control of land in the west since January.
Russian shares opened lower on Tuesday after Ukraine's president said he would renew offensive operations against pro-Russian rebels in eastern Ukraine following the end of a ceasefire.
*Gold hits highest since late March. SINGAPORE, July 1- Gold climbed to a three-month high on Tuesday as a softer dollar and escalating violence in Iraq increased the metal's appeal, boosting inflows into the top bullion-backed fund. Spot gold climbed to $1,332.10 an ounce, its highest since March 24, and was flat at $1,327.41 by 0240 GMT.
U.S. crude gained 10 cents to $105.49 a barrel, after ending 37 cents down at its lowest since June 12. *OPEC's oil output has fallen in June from May's three-month high, a Reuters survey found on Monday, as fighting in Iraq closed its largest oil refinery and technical problems slowed its southern exports.
*Iraq sends tanks, armoured vehicles to fight insurgents. NEW YORK, June 30- Oil prices fell on Monday, with Brent crude dropping below $113 a barrel as investors grew less jittery about global supplies after Iraq government forces launched a pushback against a Sunni militant insurgency.
*Iraq sends tanks, armoured vehicles to fight insurgents. LONDON, June 30- Brent crude oil dropped below $113 a barrel on Monday as fears of a disruption to oil output from Iraq receded after government forces launched a pushback against a Sunni militant insurgency.
*Iraq sends tanks, armored vehicles to fight insurgents. LONDON, June 30- Brent crude oil dropped below $113 a barrel on Monday as fears of a disruption to oil output from Iraq receded after government forces launched a pushback against a Sunni militant insurgency.
*But conflict still a long way from Basra. SINGAPORE/ SEOUL, June 30- Many Asian refiners say they are shying away from buying the flagship grade of Iraqi crude in spot markets, worried that the militant insurgency in the country could spread to the area where the oil is churned out and exported.
*Iraq sends tanks, armoured vehicles to dislodge insurgents from Tikrit. SINGAPORE, June 30- Brent futures dipped towards $113 a barrel on Monday, adding to last week's fall as fears of a disruption to supplies from Iraq eased after government forces launched a pushback against a Sunni militant takeover of large areas of the country.
*Iraq sends tanks, armoured vehicles to dislodge insurgents from Tikrit. SINGAPORE, June 30- Brent futures dipped towards $113 a barrel on Monday, adding to last week's fall as supply disruption fears from Iraq eased as government forces launched a pushback against a Sunni militant takeover of large areas of the country.
U.S. crude dropped 26 cents to $105.48 a barrel by 0014 GMT, after ending 10 cents lower on Friday and finishing the week 1.4 percent down. Iraq's army sent tanks and armoured vehicles to try to dislodge insurgents from the northern city of Tikrit on Sunday, the second day of a pushback against a Sunni militant takeover of large stretches of Iraq.
NEW YORK, June 27- Each month, 42- year-old Abdirizak Alibos shows up at a money transfer business in the heart of Minneapolis to send $500 to his three children in war-torn Somalia.
Ukrainian President Poroshenko is in Brussels to meet with EU leaders about what to do about the situation with Russia, reports CNBC's Julia Chatterley.
Secretary of State John Kerry urged Saudi Arabia, Jordan and the United Arab Emirates to help encourage Iraq to form an inclusive government to tackle an Islamist insurgency that threatens to rend Iraq during talks with foreign ministers in Paris on Thursday.
RIYADH, June 26- Saudi Arabia's King Abdullah ordered all necessary measures to protect the kingdom against potential "terrorist threats", state news agency SPA reported on Thursday.
YPRES, Belgium/ BRUSSELS, June 26- European Union leaders gathered in Belgium for a solemn ceremony on Thursday to commemorate the 100th anniversary of World War One, determined to display unity despite deep disagreement over who should head their most influential institution.