WORLD

EU To Suspend Sanctions On Myanmar

Opposition Supporters in Myanmar
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
Iraq's West Qurna Oilfield

Exxon Mobil Excluded From Iraq Oil Auction

Exxon Mobil (NYSE:XOM), the largest U.S. oil company, and one of the major players in reviving the Iraqi oil industry, has been excluded from that country's next energy auction amid a dispute between Baghdad and the Kurds.
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North Korean Missiles

China Provided Missile Know-How To North Korea, Claims UN Probe

UN probe panel is investigating the allegations that China has provided long range ballistic missile technology to North Korea, according to an AFP report quoting a defense magazine. According to the allegations North Korea's new missile launcher is based on Chinese missile technology, report said.Military analysts of IHS Jane's magazine tipped-off the United Nation's panel of experts about a possible transfer of either technology or the missile itself, from China to North Korea.
Agni-V

India Successfully Test Fires Nuclear Capable Ballistic Missile Agni-V

India Thursday successfully test fired nuclear capable long-range ballistic missile Agni-V, Prime Minister Manmohan Singh announced in a press statement. With the launch of the missile, which has a range of 3,100 miles, India has joined the elite club of countries with long-range nuclear missile capability.
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Bank Of Japan Committed To Major Monetary Easing

Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank is fully committed to continuing powerful monetary easing through various measures, such as keeping interest rates practically at zero and purchasing financial assets until 1 percent inflation is in sight.
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House Committee Votes To Defund Key Part Of Dodd-Frank

Republicans in the House of Representatives on Wednesday advanced a proposal to repeal a major section of the 2010 Dodd-Frank financial oversight law as part of a broader deficit reduction effort, a move Democrats derided as a misguided budget gimmick.

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