Oliver Tree

Figures from industry analysts Experian Catalist showed drivers were paying an average £1.42 a liter, as fears over Iranian supplies have seen the price of crude oil soar more than 12 percent since January.

Analysis by the two government-backed lenders, which have cost taxpayers over $150 billion since their 2008 bailout, shows loan forgiveness would keep hundreds of thousands of Americans in their homes while saving money.

The EU announced it was to suspend development operations in Mali Friday, after mutinous soldiers overthrew President Amadou Toumani Toure, sealed the borders and allegedly arrested members of the government.

The strike, called by the General Confederation of Portuguese Workers (CGTP), also resulted in some schools being closed and hospitals working with reduced staff

The central bank president told Germany's Bild Zeitung that the ECB will act swiftly to counteract any worsening of inflation. The situation is stabilizing, Draghi said of the euro zone crisis.

While this is not the first post-Macondo deep water project -- the British supermajor has been working in Brazil and Angola - it is the first on home territory since the April 2010 disaster.

A renegade group calling itself the National Committee for the Establishment of Democracy, said it had ousted President Amadou Toumani Toure because of incompetence in handling a rebellion by ethnic Tuaregs.

It is hoped the joint venture will boost flagging sales for JLR and parent company TATA, as the luxury car maker suffers dwindling sales in its traditional European and U.S. markets.

The move means that banks in Japan and 10 EU nations have been given a six-month break from being cut off from the US financial system while they work to reduce their dependence on Iranian oil.

The footage, which was aired live, sparked angry and humorous exchanges on Twitter in India.

Police surrounded the apartment building of 24-year-old Mohammed Merah, a French national and self-confessed al Qaeda member, after an early-morning raid went awry.

The new law, which has been the source of fierce battles between industry and government officials for two years, will affect around 30 companies, including international mining giants BHP Billiton, Rio Tinto and Xstrata.

Thomas Chan, a senior project planning and land acquisition executive at Sun Hung Kai Properties, was arrested by Hong Kong's Independent Commission Against Corruption on Monday, the company said.

The National Development and Reform Commission is raising retail gas prices by 600 yuan ($95) a metric ton, leading to an average pump price hike of 6.8 percent.

The bank, formally known as the Institute for Works of Religion (IOR), reportedly failed to provide a Milan affiliate of JP Morgan with details about payments into the account, in which €1.8 billion was deposited in the last 18 months.

The invitation by the North's chief nuclear negotiator Ri Yong-ho came after an agreement last month to suspend the testing of nuclear and long range missiles while also allowing inspectors into the country in return for food aid.

The judges were among 47 people arrested under operation Bad Metal, which included the seizure of buildings, cars and property.

India, now the world's largest arms importer, accounted for 10 percent of all weapons imported during the period, according to the Stockholm International Peace Institute.

Speaking in Beijing Sunday, the IMF chief stopped short of saying the changes had eased the Fund's concern China was deliberately undervaluing its currency, a source of tension between the rising giant and Western policy makers.

Senussi, who has been on the run since the dictator's overthrow last year, is likely to become the subject of a three-way tug-of -war between Tripoli, France and the International Criminal Court (ICC) in The Hague who also want to put him on trial in Europe.

As violence gripped Syria's capital, the head of the Red Cross urged Russian officials to press Syrian leader Bashar al-Assad to let humanitarian-aid workers get to residents trapped by the fighting.

Chevron, before a recent leak off Brazil, was blamed for spilling about 3,000 barrels of oil last November. The detention of the foreign executives raises questions about Brazil's willingness to pursue offshore drilling.

Speaking before the Security Council, the former UN Secretary-General renewed calls for an end to the fighting between President Bashar al-Assad and opposition forces, as he laid out plans to try re-establish an international presence in the country.

Afghanistan's President Hamid Karzai has attacked the United States for failing to fully cooperate with an investigation into the murder of 16 Afghan civilians, adding that he does not believe American claims the killings were the work of only one soldier.

Cardiologist Dr Fawaz Akhras, whose glamorous London-born daughter Asma married Assad in 2000, has also been caught advising the regime on how to respond to graphic images such as the torture of children by Syrian government forces.

Last weekend's shootings have damaged already-strained U.S.-Afghan relations, with President Hamid Karzai calling for American troops to pull back from rural areas and the Taliban suspending peace talks.

The move comes amid a new wave of sanctions designed by the U.S. and EU to further pressure Tehran to halt its alleged development of nuclear weapons.

The pair urged support for UN special envoy Kofi Annan in his bid to gather full Security Council backing for a resolution denouncing the crackdown by Syrian government forces on the opposition anti-Assad movement.

The agreement, originally signed in July 2007, was only ratified by the U.S. congress after a renegotiation to address complaints from the American auto industry.