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World - U.S. defense secretary says United States has `enduring` interests in Asia-Pacific


By Idrees Ali TOKYO (Reuters) - U.S. Defense Secretary Ash Carter said on Wednesday the United States has `enduring` interests in the Asia-Pacific region and is working for an orderly transfer of power to the administration of President-elect Donald Trump. Carter is in Japan to try to soothe anxieties caused by the victory of Trump, who has called for allies to pay more to sustain U.S. forces, or face their possible withdrawal. The outgoing administration of Barack Obama made Asia and U.S. alliances there a top priority.


Wednesday, December 07, 2016  02:55

Yahoo

World - U.S. defence secretary says United States has `enduring` interests in Asia-Pacific


TOKYO (Reuters) - U.S. Defense Secretary Ash Carter said on Wednesday the United States has `enduring` interests in the Asia-Pacific region and is working towards an orderly handover to the administration of President-elect Donald Trump. Carter is in Japan to try to soothe anxieties caused by the victory of Trump, who has called for allies to pay more to sustain U.S. forces, or face their possible withdrawal. (Reporting by Idrees Ali; Writing by Elaine Lies; Editing by Paul Tait)


Wednesday, December 07, 2016  02:03

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World - Lentils, chickpeas can help reverse dangerous trend of soil erosion: U.N.


By Alex Whiting ROME (Thomson Reuters Foundation) - Planting more lentils, chickpeas and other pulses will improve the health of the world`s soils that have reached critical levels, threatening to worsen hunger and poverty levels, the U.N. Food and Agriculture Organization (FAO) said on Monday. About a third of the world`s soils are degraded because of soil erosion, contamination, urbanization and other issues. This is a rise from the early 1990s, when it was estimated to be between 16 and 24 percent, said Ronald Vargas, soils and land officer at the U.N. agency, and co-editor of a report published on Monday.


Monday, December 05, 2016  19:08

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Business - Ahead of deal to cut, OPEC oil output hits record high: Reuters survey


By Alex Lawler LONDON (Reuters) - OPEC`s oil output set another record high in November ahead of a deal to cut production, a Reuters survey found on Monday, helped by higher Iraqi exports and extra barrels from two nations exempted from cutting supply - Nigeria and Libya. Supply from OPEC increased to 34.19 million barrels per day (bpd) in November from 33.82 million bpd in October, according to the survey based on shipping data and information from industry sources. `OPEC`s decision to cut production has removed a lot of downside risk for 2017,` said Bjarne Schieldrop, chief commodities analyst at SEB, even though `some cheating is a natural habit among OPEC`s members`.


Monday, December 05, 2016  16:30

Yahoo

World - Taiwan says contact with Trump agreed ahead of time-presidential office


TAIPEI (Reuters) - The telephone call between Taiwan president Tsai Ing-wen and U.S. president-elect Donald Trump was agreed to ahead of time, said presidential office spokesman Alex Huang on Saturday. `Of course both sides agreed ahead of time before making contact,` Huang told Reuters, when asked about Trump`s Twitter message stating that it was Tsai who called him. (Reporting by J.R. Wu; Editing by Richard Pullin)


Saturday, December 03, 2016  01:53

Yahoo

World - Alex Thomson takes back lead in Vendee Globe


Les Sables-d`Olonne (France) (AFP) - Britain`s Alex Thomson took back the lead Thursday in his battle with French rival Armel Le Cleac`h for first place in the Vendee Globe solo round-the-world yacht race. Thomson, on Hugo Boss and aiming to become the first non-French winner of the gruelling race, was just 0.65 nautical miles (1.2 kilometers) ahead of Le Cleac`h in Banque Populaire VIII. After 25 days, the 29 yachts have been cut to 25 spread over almost 4,850 nautical miles.


Thursday, December 01, 2016  16:05

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World - Arsene Wenger defends strategy as Arsenal crash


Arsene Wenger defended his strategy and blamed his players lack of urgency for Arsenal`s League Cup quarter-final exit. Wenger had been hoping to win the competition for the first time, but instead his decision to make 10 changes backfired with Southampton winning 2-0 to end his side`s 19-game unbeaten run. Midfielder Mohamed Elneny was the only survivor from Sunday`s Premier League win over Bournemouth, but even Granit Xhaka and Alex Oxlade-Chamberlain coming off the bench failed to make an impact.


Thursday, December 01, 2016  10:36

Yahoo

Business - OPEC in first joint oil cut with Russia since 2001, Saudis take `big hit`


By Rania El Gamal, Alex Lawler and Ahmad Ghaddar VIENNA (Reuters) - OPEC agreed on Wednesday its first oil output cuts since 2008 after Saudi Arabia accepted `a big hit` on its production and dropped its demand on arch-rival Iran to slash output. Non-OPEC Russia will also join output reductions for the first time in 15 years to help the Organization of the Petroleum Exporting Countries prop up oil prices. Brent crude jumped over 9 percent to more than $50 a barrel as Riyadh reached a compromise with Iran and after fast-growing producer Iraq also agreed to curtail its booming output. ...


Wednesday, November 30, 2016  17:55

Yahoo

World - OPEC agrees first output cut since 2008, details unclear


By Ahmad Ghaddar, Alex Lawler and Rania El Gamal VIENNA (Reuters) - OPEC has agreed its first limit on oil output since 2008, an OPEC source told Reuters after Saudi Arabia said it was prepared to accept `a big hit` on production and agree to arch-rival Iran freezing output at pre-sanctions levels. Brent crude futures jumped 8 percent to more than $50 a barrel on hopes Riyadh had finally reached a compromise with Iran after insisting in recent weeks that Tehran fully participate in any cut. OPEC member Algeria was proposing to set a new production ceiling at 32.5 million barrels per day, down from current levels of 33.6 million.


Wednesday, November 30, 2016  14:17

Yahoo

Business - OPEC debates oil cuts amid deep disagreement


By Rania El Gamal and Alex Lawler VIENNA (Reuters) - OPEC began on Wednesday debating a deal to curtail oil production in an effort to prop up the price of crude, with Iran and Iraq resisting pressure from Saudi Arabia to participate fully in any action. Ministers from the Organization of the Petroleum Exporting Countries met informally at 0700 GMT at the Vienna Park Hyatt hotel and were due to begin a formal gathering at OPEC headquarters at 0900 GMT. `I`m optimistic,` said Iranian Oil Minister Bijan Zanganeh, adding there had been no request for Iran to cut output.


Wednesday, November 30, 2016  09:08

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