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Europe Top News and Analysis Israel

  • NEW YORK-- A Jewish charity co-founder who billed himself as a "Jewish Indiana Jones" bent on rescuing vintage Torahs across the globe was sentenced to more than four years in prison on Thursday for conning donors out of about $1 million. Menachem Youlus told a judge in federal court in Manhattan that he was ashamed of his scam, but still hoped for leniency.

  • *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.

  • *ISTANBUL- President Abdullah Gul to attend a ceremony with former British foreign minister Jack Straw. *ISTANBUL- Prime Minister Tayyip Erdogan will attend to Turkish-Kazakhstan Forum.

  • CAIRO, Oct 12- Egypt has no foreign military bases on its soil and has no plans to downsize its armed forces, said the military spokesman, rejecting media reports claiming so.

  • NEW ORLEANS-- Louisiana- made films are being shown alongside the work of filmmakers from across the world at the New Orleans Film Festival, which opened Thursday night with a red-carpet showing of the Louisiana- shot thriller "The Paperboy."

  • LONDON, Oct 10- Brent crude oil eased towards $114 a barrel but stayed close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • LONDON, Oct 10- Brent crude oil held above $114 a barrel and close to a three-week high on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • Oct 10- Israel received $498 million worth of foreign direct investment through local banks in August, up from $367 million in July, the Bank of Israel said on Wednesday. -Foreigners invested a net $160 million in shares on the Tel Aviv Stock Exchange in August, following net investment of $260 million in July.

  • *Government will carry 2012 budget until new one passed. JERUSALEM, Oct 10- Finance Minister Yuval Steinitz said on Wednesday Israel's financial stability will be maintained in 2013, despite an early election called after the government was unable to agree on a budget.

  • *NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil fell towards $114 a barrel but remained close to a three-week high on Wednesday, as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • NEW DELHI, Oct 10- Russia delayed delivery of a trouble-plagued aircraft carrier for at least a year on Friday, a blow to India's efforts to quickly build up naval strength as increasingly assertive Asian rival China expands its maritime reach.

  • *NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil rose above $114 a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.

  • *Euro STOXX 50 down 0.5 pct, FTSE, DAX, CAC down. *U.S. stocks fell 1 pct, Intel off 2.7 pct after downgrades. LONDON, Oct 10- European shares fell for the third day running on Wednesday and the euro came under fresh pressure along with Spanish and Italian bonds as economic anxiety was compounded by stuttering progress in the euro zone's battle against its debt crisis.

  • Orbotech Ltd. lowered its full-year revenue forecast on Tuesday, saying the tough economy is pressuring its customers. Orbotech said that it expects to generate revenue of roughly $400 million for the year, down from its prior forecast of $430 million to $450 million.

  • NEW YORK, Oct 9- Oil prices jumped on Tuesday, snapping a string of two lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.

  • CHILLICOTHE, Ohio-- Josh Mandel, the Republican nominee for the U.S. Senate, declines to take a stand on the 2009 bailout of the auto industry and reserves judgment on vice presidential candidate Paul Ryan's plans for Medicare.

  • JERUSALEM-- A boat carrying pro-Palestinian advocates from eight countries is en route to Gaza in the latest attempt to break Israel's naval blockade on the coastal territory, an activist on board said Tuesday. Dror Feiler, an Israeli on the boat, said it left Naples on Sunday and aims to reach Gaza in mid-October.

  • NEW YORK, Oct 9- Oil prices rose more than 1 percent on Tuesday, after two sessions with lower settlements, as the threat of supply disruption in a tense Middle East countered concerns about slower growth and resulting sluggish demand for oil.