Asia Top News and Analysis Iran

  • *EU diplomats approve new Iran sanctions. BRUSSELS, Oct 12- The European Union provisionally approved substantial new economic sanctions against Iran over its nuclear programme on Friday, with senior diplomats giving their backing to measures against Tehran's banking sector and industry.

  • NEW YORK, Oct 12- Antonio "Tony" Mendez is the rarest of creatures: A former spy who has come out of the woodwork. His story is the subject of Ben Affleck's new film, "Argo," released in the United States Friday, and tipped to feature in Hollywood's awards season.

  • BRUSSELS, Oct 12- Senior European Union diplomats gave their preliminary approval to new sanctions against Iran over its nuclear progamme on Friday, including major measures against the Islamic Republic's banking sector and industry, an EU diplomat said on Friday.

  • WASHINGTON-- Anyone who paid attention to a hearing in Congress this week knew that the administration had been implored to beef up security at the U.S. Consulate in Libya before the deadly terrorist attack there. But in the vice presidential debate Thursday night, Joe Biden seemed unaware.

  • DANVILLE, Ky.-- In a spirited debate that laid out stark choices, Joe Biden and Paul Ryan teed up pointed arguments on the economy, social policy and America's place in the world that President Barack Obama and GOP rival Mitt Romney now will drive forward into the campaign's final stretch.

  • London, Oct 12- Turkish imports of Iranian crude oil plummeted to around 100,000 barrels per day in September after spiking in August, data from Reuters AIS Live ship tracking and a shipping source showed.

  • *Pressure on OPEC to produce more easing. *Iraq, North America to increase oil production steeply. LONDON, Oct 12- The world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency and as production increases steeply in Iraq and North America, the West's energy watchdog said on Friday.

  • *Pressure on OPEC to produce more easing. *Iraq, North America to increase oil production steeply. LONDON, Oct 12- The world could see a gradual easing of oil prices over the next five years due to sluggish economic growth and rising energy efficiency and as production increases steeply in Iraq and North America, the West's energy watchdog said on Friday.

  • *IEA cuts demand growth outlook due to sluggish economy* Pressure on OPEC to produce more easing* Iraq, North America to increase oil production steeply By Dmitry Zhdannikov and Christopher Johnson.

  • Just hours later, Defense Secretary Leon Panetta said the cyberthreat from Iran has grown, and he declared that the Pentagon is prepared to take action if American is threatened by a computer-based assault.

  • TOKYO, Oct 12- Iran's finance minister said on Friday that despite sanctions imposed on the country by Western nations, Iran's foreign exchange reserves are in a "good position".

  • Vice President Joe Biden and his Republican rival, Paul Ryan, faced off on Thursday in their only debate before the Nov. 6 presidential election. Here is some fact-checking of claims made by the candidates. RYAN: ECONOMIC GROWTH IS SLOWER NOW.

  • WASHINGTON, Oct 11- The U.S. military could act pre-emptively if it detects an imminent threat of cyber attack, U.S. Defense Secretary Leon Panetta said on Thursday, urging stronger action to bolster America's defenses against such plots. He said a presidential executive order was being considered "while we wait for Congress to act."

  • Will Military Strike Against Iran Be Effective?

    How effective would a military strike on Iran be? Rep. Paul Ryan says we must not allow Iran to have nuclear weapons. Vice President Biden counters that the administration is very confident it could "deal a serious blow to the Iranians."

  • NEW YORK, Oct 11- U.S. crude futures rose on Thursday as tensions between Turkey and Syria and between Iran and the West continued to reinforce concerns about the risk to oil supply from the Middle East.

  • *Some nuclear experts worry about proliferation risks* They say laser enrichment plants smaller, harder to detect* Iran says it "possesses" laser know-how but won't use it By Fredrik Dahl.

  • ASHGABAT, Oct 11- Turkmenistan's economy expanded by 11.1 percent in the first nine months of 2012, slowing from 14.6 percent in the same period a year ago, President Kurbanguly Berdymukhamedov was quoted as saying on Thursday. Turkmenistan's economic growth hinges on the development and exports of its natural gas riches.

  • WASHINGTON-- Republican presidential contender Mitt Romney is promising to get tough on China to help American workers, but his plans could backfire. Romney is pledging, on his first day in office, to designate China a currency manipulator, a step no administration has taken against any country for 18 years.

  • *Turkey, Syria fighting continues, stokes worries about Mideast supply. November Brent crude rose 60 cents to $114.93 a barrel by 0626 GMT after a volatile session on Wednesday that saw the contract rising to $115.59, its highest since Sept. 17, before settling down slightly.

  • *Turkey, Syria fighting continues; Mideast tension supports oil. November Brent crude rose 52 cents to $114.85 a barrel by 0501 GMT after a volatile session on Wednesday that saw the contract rising to $115.59, its highest since Sept. 17, before settling down slightly.