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Oil climbs above $55 after scraping 22-month low

London: Oil rose above $55 a barrel on Tuesday after a slide to a new 22-month low earlier in the session, depressed by the gloomy outlook for the world economy. US light crude oil for December delivery was 70 cents up $55.65 a...

Egypt makes an oil comeback

CAIRO: Egypt's daily oil output has reached its highest point in 14 years, as the country strives to revive the sector. A report by the Egyptian General Petroleum Corporation (EGPC), which holds the government stake in about 30...

Çankaya: Obama acknowledges Turkey’s right to fight terrorism

As he prepares to take over the White House in January, US President-elect Barack Obama spoke with President Abdullah Gül by telephone on Monday, when he returned an earlier call by Gül, who had congratulated him following his...

India, Egypt ink five pacts, to forge strategic ties

New Delhi (IANS): India and Egypt, co-founders of the Non-Aligned Movement (NAM), Tuesday decided to give a strategic thrust to their ties by signing five accords, including an extradition treaty, and agreed to push for reform...

Zabari: Security deal with US respects Iran's sovereignty - Summary

Baghdad - Iraq has told Iran that its security pact with the United States would not threaten Iran's national sovereignty, Iraqi Foreign Minister Hoshyar Zebari said on Tuesday. The security agreement has no articles that...

US and Iraq sign troop withdrawal pact

By Demetri Sevastopulo in Washington The US and Iraq on Monday signed a landmark security pact that paves the way for Barack Obama, the president-elect, to follow through on his campaign promise to end the Iraq war. Ryan...

Washington and Iraq sign accord on troop withdrawal

By Demetri Sevastopulo in Washington The US and Iraq yesterday signed a security pact that paves the way for Barack Obama, the president-elect, to follow through on his campaign promise to end the Iraq war. Ryan Crocker, the US...

Iraqi parliament begins SOFA debate

People who read this also read ... BAGHDAD, Nov. 17 (UPI) -- The Iraqi parliament began debate Monday on a proposed security agreement governing U.S. troops in the country, officials said. Lawmakers received the status of...

Bush's Reversal on Iraq Deadline Gives Obama Flexibility

By agreeing to a fixed deadline for the withdrawal of U.S. forces from Iraq, President Bush contradicted years of promises that he would never agree to anything but a "conditions-based" plan for phasing out the American...

Argentina, Algeria sign cooperation agreements

BUENOS AIRES, Nov. 17 (Xinhua) -- Argentina and Algeria on Monday signed four cooperation agreements on nuclear energy for civil use, public health, information exchange and cultural promotion. Visiting Argentine President...

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