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Brent oil up to $60, buoyed by US inventory drawdown
Prices for Brent oil soared above $60 a barrel for the first time in over a week today amid data that showed a larger-than-expected drawdown in US crude inventories, but ongoing worries about a global economic recession capped gains. Brent
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US will act if Iranian tanker tries to deliver oil to Syria
UNITED NATIONS/ATHENS: The United States will take every action it can to prevent an Iranian tanker sailing in the Mediterranean from delivering oil to Syria in contravention of US sanctions, Secretary of State Mike Pompeo warned yesterday. Greece said earlier
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Trump: I have to take on China despite impact on economy
WASHINGTON: US President Donald Trump said yesterday he had to confront China over trade even if it caused short-term harm to the US economy because Beijing had been cheating Washington for decades. Trump’s strongly worded comments came hours before his
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Victim-blamers have empathy, but mostly for perpetrators
WASHINGTON: You may have seen it among your own friends when a high-profile #MeToo case trigger responses that assign some or all the blame on a victim of sexual harassment, with men more likely than women to side with an
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Tiger leaves door open to playing on Presidents Cup team
US Presidents Cup captain Tiger Woods said yesterday that he may select himself to play for the team in December but he would need to see how sharp his game is before making the call. Woods was not among the
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Iran tanker heads to Greece, US warns against helping vessel
DUBAI: An Iranian tanker at the centre of an angry confrontation between Iran and Washington sailed for Greece yesterday after it was freed from detention off Gibraltar, as Washington called the release unfortunate and warned Greece and Mediterranean ports against
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Twitter, Facebook accuse China of using fake IDs to subvert Hong Kong protests
Twitter Inc and Facebook Inc said yesterday they had dismantled a state-backed social media campaign originating in mainland China that sought to undermine protests in Hong Kong. Twitter said it suspended 936 accounts and the operations appeared to be a
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Trump urges India and Pakistan to reduce tensions
NEW DELHI: US President Donald Trump spoke with the leaders of India and Pakistan yesterday, discussing prospects for improved trade ties with Washington and stressing the need to reduce tensions over Kashmir between the nuclear-armed neighbours. “Spoke to my two
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Mahathir urges UK to ‘break with Europe’ on palm oil policy
Malaysian Prime Minister Tun Dr Mahathir Mohamad today called on Britain to engage with palm oil growers to incentivise sustainable production, rather than pursuing boycotts after its scheduled exit from the European Union on Oct 31. Mahathir’s comments, carried in
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Asia stocks rise as stimulus, policy hopes calm nervous investors
TOKYO: Asian stocks rose today as hopes of more stimulus from central banks around the world and steps being taken by major economies such as Germany and China soothed investors’ fears of a sharp global economic slump. Over recent weeks,
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