Oil falls under $72, euro zone fiscal woes weigh

Oil falls under $72, euro zone fiscal woes weigh

Crude rose on Monday, snapping three sessions of losses, as a weaker U.S. dollar, a cold snap and geopolitical tensions provided support.

Japan preparing up to $5 billion in Afghan aid Market catches fire devours to ashes in Afghan capital
Japan preparing up to $5 billion in Afghan aid
The aid package, which would be between $4 billion and $5 billion, would ...
 
Market catches fire devours to ashes in Afghan capital
"Goods over 2 million U.S. dollars have turned to ashes," a shopkeeper ...
 
Obama sees 'hope' for US economy Thousands join London G-20 protest
Obama sees
US President Barack Obama has said he sees "glimmers of hope" in the economy,...
 
Thousands join London G-20 protest
Despite fears of violence in coming days that have prompted a major security ...
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Oil falls under $72, euro zone fiscal woes weigh
9 Feb 2010 11:04

Crude rose on Monday, snapping three sessions of losses, as a weaker U.S. dollar, a cold snap and geopolitical tensions provided support.

Turkish troops distribute 20,000 kg mutton to Afghans
30 Nov 2009 12:29

Turkish troops based in Afghanistan's Wardak province distributed 20 tons mutton to local needy people, a local newspaper reported Monday.

Japan preparing up to $5 billion in Afghan aid
31 Oct 2009 11:38

The aid package, which would be between $4 billion and $5 billion, would be spread out over five years starting in 2010, the Nikkei said.

Juice producing plant inaugurated in Afghan capital
17 Oct 2009 18:17

A juice producing plant established with 11 million U.S. dollars has been inaugurated in the war-torn Afghan capital Kabul, a press release the Ministry for Agriculture and Livestock said Saturday.

Germany expands its activities in the Afghan civil aviation safety
1 Oct 2009 8:33

The aim of the measures is an improvement of the flight control in the Afghan airspace. A better flight control is one of the priority projects of the Afghan Government and in urgent need of improvement and standardization to support increasing air traffic.

Leaders call for restructured world economic governance
26 Sep 2009 10:55

As the G20 summit came to a close in Pittsburgh, leaders highlighted their new plans to give more weight in economic decision making to emerging and developing economies.

Russia pays $1 bln for oil exploration in Venezuela
14 Sep 2009 9:01

A Russian consortium has paid one billion dollars to Venezuela to assure participation in exploiting the Orinoco oil fields, among the world's largest, officials said Sunday

G20 finance officials pledge to boost global economic recovery
6 Sep 2009 9:13

Finance ministers and central bank governors of Group of 20 (G20) pledged on Saturday to boost the global economic recovery and to plan an exit strategy from the extraordinary economic stimulus when time is mature to take actions.

Five banks closed by U.S. regulators
5 Sep 2009 14:25

Vantus Bank was the largest of the five institutions to close, with total assets of $458 million and total deposits of about $368 million.

Construction of first railway in Afghanistan to begin within 4 months
13 Aug 2009 13:37

Work for the construction of first Afghan railway to begin within the next four months, a local newspaper reported Thursday.

UK to donate $370 mln in Afghan development process
27 Jul 2009 9:15

Afghan President Hamid Karzai on Sunday met with Minister of Overseas Development of United Kingdom(UK) Douglas Alexander and discussed the current situation in Afghanistan and the region, according to a statement issued by the presidential palace.

Market catches fire devours to ashes in Afghan capital
22 Jul 2009 14:00

"Goods over 2 million U.S. dollars have turned to ashes," a shopkeeper Hajji Ghulam Ali told Xinhua, adding that inside the market there were several shops of liquid gas and oxygen.

G8 unveils $20 billion food security package
10 Jul 2009 18:39

The Group of Eight summit expanded on Friday for talks with African leaders on how rich countries can help the hungry nations. G8 leaders unveiled a 20 billion dollar initiative to boost agricultural investment and food security in poorer countries.

Oil rises in Asia
1 Jul 2009 13:36

Oil rebounded in Asian trade Wednesday after falling overnight on figures showing declining consumer confidence in the United States, the world's biggest energy user, analysts said.

U.S. Senate okays bill to triple aid to Pakistan
25 Jun 2009 9:51

The Senate on Wednesday approved tripling U.S. aid to Pakistan to about $1.5 billion a year for each of the next five years, part of an American plan to fight extremism with economic development.

Eurozone business contraction 'easing'
23 Jun 2009 15:36

The business contraction in the 16 countries using the euro was the shallowest for nine months in June, despite a steep decline in the service sector, a survey showed on Tuesday.

Oil prices below 70 dollars in Asian trade
22 Jun 2009 14:38

New York's main futures contract, light sweet crude for delivery in July, was down 39 cents to 69.16 dollars a barrel

Oil prices dip after jump above 72 dollars
20 Jun 2009 11:16

New York's main futures contract, light sweet crude for delivery in July, shed 1.82 dollars from Thursday's close to end at 69.55 dollars a barrel after climbing past 72 dollars.

Oil soars above $71 in Asia, hitting 2009 high
10 Jun 2009 14:28

Oil prices soared above $71 a barrel Wednesday in Asia, reaching a 2009 high, as investors poured money into the commodity as a hedge against a weakening U.S. dollar and inflation.

Iraqi Kurds to export oil for first time
1 Jun 2009 11:26

Iraq's semi-autonomous Kurdish region is to export oil to its neighbours for the first time on Monday. Oil firms developing the region's oil fields expect output to start at 40,000 barrels per day.