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Ayham Kamel, Middle East analyst at Eurasia Group, says the Lebanese Prime Minister's resignation brings a lot of uncertainty as the current caretaker government will not be able to take big decisions, and also adds to the region's political instability.
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BEIRUT, April 4- Syria announced on Thursday that it will take steps next week to support its currency after the pound plunged by nearly a quarter last month against the dollar, part of a two-year slide caused by a revolt and ensuing civil war. Civil war now rages in most of Syria's provinces and the United Nations says 70,000 people have been killed.
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*Naval planner says suitable system to cost $700 million. ASHDOD, Israel, April 1- Israel's huge new offshore gas resource offers its enemies an obvious target and gives its navy, long overshadowed by other branches of the Israeli armed forces, a big job that will require extra spending.
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Israel moved closer to its goal of energy independence as natural gas from a large offshore field began flowing into the country, a harbinger of important change that will benefit the country.
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JERUSALEM, March 30- Natural gas from the Tamar field off Israel's Mediterranean shores began flowing on Saturday, the head of a partner in the field said in a statement.
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SEOUL/ WASHINGTON- North Korea put its missile units on standby on Friday to attack U.S. military bases in South Korea and the Pacific, after the United States flew two nuclear-capable stealth bombers over the Korean peninsula in a rare show of force.
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UNITED NATIONS, March 27- The United Nations hopes that a team investigating allegations about the use of chemical weapons in Syria's civil war will deploy to the country as early as next week, U.N. diplomatic sources said on Wednesday.
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UNITED NATIONS, March 27- The United Nations hopes that a team investigating allegations about the use of chemical weapons in Syria's civil war will deploy to the country as early as next week, U.N. diplomatic sources said on Wednesday.
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*Demand for foreign currency remains high in Syria By Suleiman Al-Khalidi. AMMAN, March 27- A pledge by Syria's central bank on Sunday to take action to support the pound is already looking hollow, raising speculation the authorities may no longer be willing to burn up reserves defending the currency.
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*Demand for foreign currency remains high in Syria. AMMAN, March 27- A pledge by Syria's central bank on Sunday to take action to support the pound is already looking hollow, raising speculation the authorities may no longer be willing to burn up reserves defending the currency.
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*His 850 troops police buffer zone in Cyprus. BUFFER ZONE, Cyprus, March 27- When Chao Liu enlisted in the People's Liberation Army in the dying years of China's Cultural Revolution, he never imagined he would end up in Cyprus wearing a blue U.N. beret.
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March 26- The Federal Reserve has ordered Citigroup Inc to better police for the risk of money laundering, part of a broad U.S. regulatory crackdown on the potential for illicit money flows.
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Ayham Kamel, Middle East analyst at Eurasia Group, says the Lebanese Prime Minister's resignation brings a lot of uncertainty as the current caretaker government will not be able to take big decisions, and also adds to the region's political instability.
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*Deal comes hours before deadline to seal EU bailout* Cyprus will get first tranche of bailout in early May By Jessica Jaganathan. Brent crude had gained 34 cents to $108.00 a barrel by 0228 GMT, while U.S. crude increased by 34 cents to $94.05.
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Cyprus clinched a last-ditch deal with international lenders for a 10 billion euro bailout that will shut down the Mediterranean island's second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians. Brent crude had gained 34 cents to $108.00 a barrel by 0228 GMT, while U.S. crude increased by 34 cents to $94.05.
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Cyprus clinched a last-ditch deal with international lenders for a 10 billion euro bailout that will shut down the Mediterranean island's second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians. Brent crude had gained 34 cents to $108.00 a barrel by 0228 GMT, while U.S. crude increased by 34 cents to $94.05.
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DUBAI, March 24- Iran's foreign ministry said the country was not linked to a group of alleged spies arrested in Saudi Arabia, Iranian media reported on Sunday. The two countries are locked in a struggle for influence across the region, backing opposing sides in Bahrain, Yemen, Syria, Lebanon and Iraq.
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*Israel says latest firing from Syria was deliberate attack. JERUSALEM, March 24- Israel said it fired into Syria on Sunday and destroyed a machinegun position in the Golan Heights from where shots had been fired at Israeli soldiers in a further spillover of the Syrian civil war along a tense front.
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DUBAI, March 24- Iran's foreign ministry said the country was not linked to a group of alleged spies arrested in Saudi Arabia, Iranian media reported on Sunday. The two countries are locked in a struggle for influence across the region, backing opposing sides in Bahrain, Yemen, Syria, Lebanon and Iraq.
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BEIRUT, March 23- Fighting intensified in northern Lebanon on Saturday as outgoing Prime Minister Najib Mikati called for a "salvation" caretaker government to take over, a day after he resigned due to a political standoff with the Hezbollah movement.
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BEIRUT, March 23- Clashes were reported in Lebanon on Saturday as outgoing prime minister Najib Mikati called for a "salvation" caretaker government to take over, a day after he resigned due to a political standoff with the Hezbollah movement.