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June 21, 2018 2:40 PM Opec confident of deal ahead of crucial talks with partners

VIENNA: Organisation of the Petroleum Exporting Countries (Opec) energy ministers expressed optimism today they were nearing a compromise on oil output policy, with Saudi Arabia acknowledging that a big production increase would be "politically unacceptable" to arch foe Iran. Opec and non-Opec partner countries are due to hold crunch talks here today 4

June 20, 2018 2:22 AM Maduro ally named leader of Venezuela's ruling assembly

CARACAS: Venezuela's all-powerful Constituent Assembly on Tuesday elected Diosdado Cabello as its new president, a month after he was slapped with US sanctions. Cabello, deputy leader of the ruling Socialist Party, was elected by a show of hands of the 545-member Assembly and replaces Delcy Rodriguez, a former foreign minister who President Nicolas Maduro 7

June 14, 2018 3:42 AM N. Korea's Kim knows denuclearisation must be 'quick': Pompeo

SEOUL: North Korea's Kim Jong Un understands that denuclearisation must happen "quickly", US Secretary of State Mike Pompeo said Thursday, warning there will be no sanctions relief for Pyongyang until the process is complete. Pompeo said Washington remained committed to the "complete, verifiable and irreversible" denuclearisation of North Korea, after 8

June 14, 2018 12:05 AM PSG escape UEFA sanctions but remain under scrutiny

PARIS: UEFA have closed their financial fair-play case against Paris Saint-Germain after the Qatari-backed French Ligue 1 champions were cleared of any wrongdoing on Wednesday. The UEFA Club Financial Control Body (CFCB) had been monitoring PSG's 'break-even requirement' for 2015, 2016 and 2017. "Compliance with the break-even requirement for the 2018 financial 6

June 11, 2018 4:48 AM China's Xi backs nuclear deal in talks with Iran leader

BEIJING: Chinese leader Xi Jinping called for the Iran nuclear deal to be "earnestly" implemented as he met the country's president following the US withdrawal from the pact, state media said Monday. Xi met one-on-one with Iranian counterpart Hassan Rouhani on Sunday following a two-day regional security summit in the eastern Chinese city of Qingdao 3

June 8, 2018 1:26 AM UN Security Council sanctions six human traffickers operating in Libya

UNITED NATIONS, United States: The United Nations Security Council on Thursday slapped sanctions on six leaders of human trafficking networks operating in Libya, a first for the world body, diplomats said. The process moved ahead when Russia "lifted its hold placed on the Dutch proposal" to include the six people on the sanctions blacklist, a diplomat 13

June 4, 2018 10:11 AM IAEA head calls for 'timely' cooperation from Iran

VIENNA: The head of the UN's nuclear watchdog called Monday on Iran to ensure "timely and proactive cooperation" with inspections mandated under the 2015 deal with world powers over its nuclear programme. Speaking at the first meeting of the IAEA's board of governors since US President Donald Trump threw the future of the deal in doubt in May with his decision 5

May 31, 2018 5:08 AM Russian Foreign Minister Lavrov in Pyongyang: KCNA

SEOUL: Russian Foreign Minister Sergey Lavrov arrived in Pyongyang Thursday, North Korea's state media said, ahead of a landmark summit between Donald Trump and North Korean leader Kim Jong Un. Lavrov's visit comes amid a flurry of diplomatic activity to organise next month's summit, with US Secretary of State Mike Pompeo also meeting Kim's right-hand 4

May 13, 2018 3:50 PM Trump says working with Xi to get China's ZTE back into business, fast

WASHINGTON: US President Donald Trump said Sunday that he and Chinese President Xi Jinping are working to give Chinese telecom company ZTE Corp "a way to get back into business, fast". "President Xi of China, and I, are working together to give massive Chinese phone company, ZTE, a way to get back into business, fast. Too many jobs in China lost. Commerce 9

May 1, 2018 11:55 AM 'No credible indications' of Iran nuclear weapons programme after 2009: IAEA

VIENNA: The UN's nuclear watchdog reiterated Tuesday it had "no credible indications of activities in Iran relevant to the development of a nuclear explosive device after 2009", citing its assessments from 2015. A spokesman for the International Atomic Energy Agency (IAEA) said in a statement that its board of governors had "declared that its consideration 11