International Business News - IRN http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif As oil prices zoomed toward an unheard of $147 a barrel this summer, it seemed every analyst prediction that oil would approach $200 was a self-fulfilling prophecy, until suddenly it was not. http://www.ibtimes.com/articles/20081013/200-oil-thats-so-2008.htm Mon, 13 Oct 2008 18:05:54 EDT This small but wealthy Persian Gulf nation moved aggressively Monday to shield its booming financial industry from the global credit crisis, saying a just-announced guarantee on bank deposits also would cover international banks operating inside its borders. http://www.ibtimes.com/data/articleimgs/151375-mideast-bahrain-world-markets.jpg http://www.ibtimes.com/articles/20081013/uae-extends-deposit-guarantee-to-foreign-banks.htm http://www.ibtimes.com/articles/20081013/uae-extends-deposit-guarantee-to-foreign-banks.htm Mon, 13 Oct 2008 13:44:57 EDT The plans of presidential candidates are never set in stone, if only because circumstances and the makeup of Congress change after the election. The uncertainty is even deeper in this election because Democrat Barack Obama and Republican John McCain laid out most of their agenda before the government committed up to $700 billion to address the financial crisis. http://www.ibtimes.com/articles/20081013/where-mccain-obama-stand-on-the-issues.htm Mon, 13 Oct 2008 15:39:09 EDT The United Arab Emirates, seeking to boost confidence in its booming financial sector amid a global financial meltdown, said Monday it would extend a recent guarantee on banking deposits to international banks operating in the country. http://www.ibtimes.com/articles/20081013/emirates-extends-deposit-backing-to-foreign-banks.htm Mon, 13 Oct 2008 13:00:29 EDT Oil prices rebounded from a 13-month low Monday, pushing above $81 a barrel after the dollar weakened and investors trickled back into financial markets on hopes that a globally coordinated rescue plan will stave off an economic crisis. http://www.ibtimes.com/data/articleimgs/151286-oil-prices.jpg http://www.ibtimes.com/articles/20081013/oil-rebounds-on-europe-bank-rescue-plan.htm http://www.ibtimes.com/articles/20081013/oil-rebounds-on-europe-bank-rescue-plan.htm Mon, 13 Oct 2008 16:58:09 EDT Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in Asia on expectations that a pledge by European countries to keep banks from collapsing may stabilize a tumultuous global financial system. http://www.ibtimes.com/data/articleimgs/151228-oil-prices.jpg http://www.ibtimes.com/articles/20081013/oil-rebounds-in-asia-on-europe-bank-rescue-plan.htm http://www.ibtimes.com/articles/20081013/oil-rebounds-in-asia-on-europe-bank-rescue-plan.htm Mon, 13 Oct 2008 05:26:59 EDT Scraping for any advantage in the presidential campaign's waning days, John McCain and Barack Obama are introducing voters to a new cast of characters. http://www.ibtimes.com/data/articleimgs/151034-palin-church-and-state.jpg http://www.ibtimes.com/articles/20081012/fact-check-camps-highlight-foes-old-associates.htm http://www.ibtimes.com/articles/20081012/fact-check-camps-highlight-foes-old-associates.htm Sun, 12 Oct 2008 17:16:10 EDT Merchants in Tehran's main market have closed their shops in protest of a new sales tax despite the government's announcement that it would suspend the measure for two months. http://www.ibtimes.com/articles/20081012/iran-merchants-in-main-tehran-market-stage-strike.htm Sun, 12 Oct 2008 11:23:04 EDT In polarized Lebanon, flaunting a political leader's poster can be enough to spark a gunfight. So shopkeepers on Beirut's al-Maamoun Street are breathing a little easier now that "poster disarmament" has been declared. http://www.ibtimes.com/data/articleimgs/150710-lebanon-poster-cleanup.jpg http://www.ibtimes.com/articles/20081012/billboard-truce-beirut-scraps-irksome-posters.htm http://www.ibtimes.com/articles/20081012/billboard-truce-beirut-scraps-irksome-posters.htm Sun, 12 Oct 2008 09:43:55 EDT After North Korea relented on nuclear inspection demands, the U.S. on Saturday erased from a terrorism blacklist the communist country President Bush once branded part of an "axis of evil." http://www.ibtimes.com/data/articleimgs/151002-north-korea.jpg http://www.ibtimes.com/articles/20081012/nkorea-off-us-blacklist-after-nuke-inspection-deal.htm http://www.ibtimes.com/articles/20081012/nkorea-off-us-blacklist-after-nuke-inspection-deal.htm Sun, 12 Oct 2008 02:47:03 EDT North Korea said Sunday it will resume disabling its key nuclear complex after the U.S. dropped the country from a terrorism blacklist--a breakthrough expected to help energize stalled talks aimed at ending the country's atomic ambitions. http://www.ibtimes.com/data/articleimgs/150909-south-korea-koreas-nuclear.jpg http://www.ibtimes.com/articles/20081012/nkorea-says-it-will-resume-nuclear-disablement.htm http://www.ibtimes.com/articles/20081012/nkorea-says-it-will-resume-nuclear-disablement.htm Sun, 12 Oct 2008 14:22:58 EDT America's opponents in the Middle East are gloating over the financial meltdown in the United States, painting it as divine retribution for past misdeeds against Muslims and the last gasps of a dying empire. http://www.ibtimes.com/articles/20081011/us-enemies-in-mideast-gloat-over-financial-crisis.htm Sat, 11 Oct 2008 12:43:08 EDT In a matter of weeks, a Russian naval squadron will arrive in the waters off Latin America for the first time since the Cold War. It is already getting a warm welcome from some in a region where the influence of the United States is in decline. http://www.ibtimes.com/data/articleimgs/150007-losing-latin-america.jpg http://www.ibtimes.com/articles/20081011/under-bush-us-influence-in-latin-america-wanes.htm http://www.ibtimes.com/articles/20081011/under-bush-us-influence-in-latin-america-wanes.htm Sat, 11 Oct 2008 10:58:06 EDT In caustic comments on internal FBI memos, legendary bureau director J. Edgar Hoover referred to prominent columnist Jack Anderson with undisguised contempt, calling him "a jackal" as agents combed his articles for errors and hints about possible sources. http://www.ibtimes.com/data/articleimgs/150089-fbi-anderson.jpg http://www.ibtimes.com/articles/20081011/fbi-files-show-long-hunt-for-jack-anderson-sources.htm http://www.ibtimes.com/articles/20081011/fbi-files-show-long-hunt-for-jack-anderson-sources.htm Sat, 11 Oct 2008 03:47:05 EDT When Indonesia's health minister stopped sending bird flu viruses to a research laboratory in the U.S. for fear Washington could use them to make biological weapons, Defense Secretary Robert Gates laughed and called it "the nuttiest thing" he'd ever heard. http://www.ibtimes.com/articles/20081011/us-controls-bird-flu-vaccines-over-bioweapon-fears.htm Sat, 11 Oct 2008 07:14:26 EDT After North Korea relented on nuclear inspection demands, the U.S. on Saturday erased from a terrorism blacklist the communist country President Bush once branded part of an "axis of evil." http://www.ibtimes.com/data/articleimgs/150493-north-korea.jpg http://www.ibtimes.com/articles/20081011/ap-us-to-remove-north-korea-from-terror-blacklist.htm http://www.ibtimes.com/articles/20081011/ap-us-to-remove-north-korea-from-terror-blacklist.htm Sat, 11 Oct 2008 22:41:58 EDT The head of an Israeli hospital where an Iranian boy is being treated for a brain tumor said Friday he hoped the gesture will help improve understanding between the bitterly divided countries. http://www.ibtimes.com/articles/20081010/israeli-hospital-hosts-cancer-stricken-iranian-boy.htm Fri, 10 Oct 2008 15:19:19 EDT Iran's top diplomat in Bolivia says his country will open two low-cost public health clinics in South America's poorest nation. Business attache Hojjatollah Soltani said Friday the Islamic republic plans to use Bolivia as a base for future Red Crescent medical programs across the continent. http://www.ibtimes.com/articles/20081010/iran-to-open-2-health-clinics-in-bolivia.htm Fri, 10 Oct 2008 15:12:51 EDT Anti-death penalty activists staged a mock hanging outside the Japanese embassy Friday to mark the European day against the death penalty, calling on nations around the world to stop executions. http://www.ibtimes.com/articles/20081010/amnesty-protests-death-penalty-use-worldwide.htm Fri, 10 Oct 2008 10:02:43 EDT Iran says it is willing to build a pipeline to export natural gas to Pakistan even if India delays joining the multibillion-dollar project opposed by the U.S. http://www.ibtimes.com/articles/20081010/iran-backs-pakistan-pipeline-deal-sans-india.htm Fri, 10 Oct 2008 07:59:45 EDT