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November
30
President Barack Obama's year of outreach to Iran has succeeded in putting it on the diplomatic defensive: that much was clear from Friday's blunt reproach of Tehran by the International Atomic Energy Agency's board. But it's less clear that Obama can convert that diplomatic advantage into sanctions that will curtail Iran's nuclear program. "The question is," says one senior Democratic aide in Congress, "Can Obama pivot [from engagement to sanctions] and succeed in changing conditions on the ground?" Iran ...
October
23
Two days after negotiators reached a draft agreement over Iran's nuclear activities, Tehran left it unclear Friday whether it would ultimately sign on. If Iran agrees to the proposal -- reached Wednesday at the Vienna headquarters of the International Atomic Energy Agency (IAEA), the U.N. nuclear watchdog -- it could serve as a major step toward resolving an international showdown. The draft stemmed from talks among representatives of the United States, France, Russia, the United Nations, and Iran. ...
October
21
Afghan heroin kills more people from NATO countries every year than Afghan insurgents have killed in the eight years since the fall of the Taliban regime, the United Nations said Wednesday. About 15 million people around the world use heroin, opium or morphine, fueling a $65 billion market, warned Antonio Maria Costa, head of the U.N. Office on Drugs and Crime. The trade is fueling terrorism and insurgencies: The Taliban raised between $450 million and $600 million in the past ...
October
21
Three days of talks on Iran's nuclear program wrapped up here Wednesday with a draft agreement on how to provide the Islamic republic nuclear fuel for civilian purposes. The delegations from Iran, France, Russia, the United States and the United Nations have until Friday to decide whether they will sign the agreement described by International Atomic Energy Agency chief Mohamed ElBaradei as "a balanced approach to the problem." The agency is the United Nations' nuclear watchdog. The delegates met in ...
October
21
Make a few easy changes around the house for substantial savings. Seal sneaky leaks Seal electrical outlets in the exterior walls of your house. Foam insulating gaskets (less than $1 each) "act as a barrier so conditioned air stays in, rather than leaking out," says Jonathan Passe of the Environmental Protection Agency. Just unscrew the outlet cover, install the gasket, and replace the cover. RealSimple.com: 8 legitimate Earth-friendly seals Go with the flow Install a high-performance showerhead. ...
October
20
The way to make $100 million dollars on Wall Street, so the old joke goes, is to start with $200 million.
Or you could trade oil.
In early October, Citigroup sold its commodities-trading division Phibro to energy company Occidental Petroleum. Citi was motivated to dispose of the unit because of pressure from regulators to curtail the pay of Phibro's top trader Andrew Hall, who made $100 million last year, and reportedly has a contract that would award him ...
October
20
Nearly nine in 10 Americans say they think Iran is trying to develop nuclear weapons, according to a new national poll. Eighty-eight percent of those questioned in a CNN/Opinion Research Corp. survey released Tuesday say the Iranian government is attempting to develop nuclear weapons. But it appears that's where agreement ends as the survey indicates there's little consensus on the best approach to addressing the situation -- though the poll does suggest a military response is not as popular as ...
October
20
Iranian officials are expected to huddle again with their Western counterparts Wednesday to hammer out a deal about the future of Tehran's nuclear program. A day earlier, talks between the two sides ended on an optimistic note, with the director-general of the U.N.'s nuclear watchdog agency calling them constructive. The meetings are taking place at the headquarters of the International Atomic Energy Agency in Vienna. The participants include Iran's envoy to the IAEA, Ali-Asghar Soltaniyeh, and officials from France, Russia ...
October
19
A $5 million prize to reward good leadership in Africa was dramatically awarded Monday to ... nobody. It was the first time in the three-year history of the Mo Ibrahim Prize that the committee did not name a winner. "The Prize Committee has considered some credible candidates. However, after in-depth review, the Prize Committee could not select a winner," the committee said in a statement. Democratically elected African presidents and prime ministers who have left office within the ...
October
11
Iran will move to further enrich its uranium for a research reactor if it cannot obtain the fuel from overseas, semi-official state media reported Saturday. If talks with world powers and the United Nations nuclear watchdog fail, Iran will notify the latter that it will supply fuel for the Tehran reactor, said Ali Shirzadian, a spokesman for the Atomic Energy Organization of Iran. "The reactor is the major producer of radio medicines in Iran and its current fuel meets its ...
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