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Lebanon
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Lebanon's energy demand has jumped as hundreds of thousands of Syrian refugees have fled into Lebanon to escape the war in their country. But Lebanon may have found a fix.
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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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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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*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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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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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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BRUSSELS, March 22- On a hot morning in July last year, Cypriot President Demetris Christofias sat with a group of journalists on the stage of the sleekly modern National Theatre in Nicosia and beamed as he talked about his warm ties with Russia.
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And with a ring of army checkpoints carefully guarding its outskirts, it is flourishing amid Syria's destruction. That is partly because the city is home to many Alawites, the minority sect to which President Bashar al-Assad belongs and which now feels threatened by an uprising against him led by Syria's Sunni Muslim majority.
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*Could boost economy, make Lebanon regional data hub. DUBAI, March 20- Lebanon is embarking on an ambitious plan to bolster its telecommunications industry with a tender to run its two state-owned mobile telephone operators.
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Israel developed Iron Dome to shoot down rockets launched from the Gaza Strip and it is the only system in the world to use radar-guided missiles for such short-range interceptions.
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And with a ring of army checkpoints carefully guarding its outskirts, it is flourishing amid Syria's destruction. That is partly because the city is home to many Alawites, the minority sect to which President Bashar al-Assad belongs and which now feels threatened by an uprising against him led by Syria's Sunni Muslim majority.
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BEIRUT/ AMMAN, March 17- On a cold winter's night in early 2011, some Syrian schoolboys drew a few slogans on a wall in a town the world had barely heard of. "We never told our parents because we knew it would get them into trouble," said the teenager, who fled to neighbouring Jordan last month.
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VATICAN CITY- Jorge Mario Bergoglio of Argentina was elected in a surprise choice to be the new leader of the troubled Roman Catholic Church on Wednesday, the first non-European pontiff in nearly 1,300 years, and said he would take the name Francis I.
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*Gasoil deliveries to Syria top $100 mln in February. LONDON, March 12- Syria is back on the oil trading map this year with more than a dozen shipments of gasoil reaching a government-controlled port in February, ending months of isolation as foreign sellers and officials say it is not their job to monitor private deals.
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BEIRUT, March 11- Lebanon's budget deficit jumped 67 percent in 2012 to $3.93 billion, the Ministry of Finance said on Monday, after a year of slowing growth due to the Syrian civil war and domestic political instability.
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Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm's compound have been killed, the Italian and Greek Foreign Ministries said.
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*Al Qaeda- linked Ansaru seized seven workers on Feb. 7. *Italy and Greece says no rescue attempt. Al Qaeda- affiliated group Ansaru said on Saturday it had killed the hostages seized on Feb. 7 in the northern state of Bauchi because of attempts by Nigerian and British forces to free them.
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*Al Qaeda- linked Ansaru seized seven workers on Feb. 7. ROME/ ATHENS, March 10- Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm compound have been killed, the Italian and Greek Foreign Ministries said on Sunday.
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SEOUL/ UNITED NATIONS- North Korea threatened the United States on Thursday with a preemptive nuclear strike, raising the level of rhetoric just before the U.N. Security Council approved new sanctions against the reclusive country.
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CARACAS- Sobbing and shouting, a throng of Hugo Chavez's supporters paraded his coffin through the streets of Caracas on Wednesday in an emotional outpouring that could help his deputy win an election to keep his socialist revolution alive.
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