China is expected to exceed Europe to become the largest energy importer in the world by 2035, said a report issued by British oil giant BP. The annual Energy Outlook 2035 report, released Wednesday, forecast global energy consumption to grow 41 percent from 2012 to 2035 — slower than the growth of 55 percent during […]
At least 30 people were killed and 25 others wounded in the latest wave of violent attacks across Iraq, police said Thursday. An Iraqi police patrol Thursday found the bodies of 14 people who had been shot dead in an orchard in Mshahada, a Sunni Arab village near Tarmiyah, some 30 km north of Baghdad, […]
World energy demand is forecast to increase by 41 percent between 2012 and 2035, with growth averaging 1.5 percent each year, said a new energy outlook report issued by the British oil giant BP. However, the energy demand growth will slow down in the future, from 2.2 percent each year between 2005 and 2015, to […]
The World Bank has approved $410 million to improve municipal governance and basic urban services in district towns and municipalities in Bangladesh, which will benefit 3.4 million people. According to a statement of the Washington-based bank received here Thursday, the project would provide financial support to 26 urban government bodies with high economic growth and […]
Over 90 percent of Egyptians approved the country’s new draft constitution in a referendum, a media report said Thursday, citing preliminary results. Vote counting was underway to reach the final results supposed to be submitted to the High Election Commission (HEC), Xinhua reported citing the official news agency MENA. The constitution will be approved by […]
Iranian President Hassan Rouhani Tuesday said the Geneva nuclear deal broke the sanction regime which had been unfairly imposed on his nation. Rouhani made the remarks two days after Iran and the six major powers agreed to start implementing their landmark nuclear deal from Jan 20, Xinhua reported. The Geneva deal means the six major […]
The Thai government is able to control the present situation and a string of measures would be rolled out to ensure tourist safety and normal flight operations, Deputy Prime Minister Surapong Tovichakchaikul said Tuesday. Protestors, who were demanding that no elections be held until major political reforms are implemented, launched the Bangkok shutdown operations Monday […]
US Trade Representative Michael Froman said Monday that his country has requested China to enter into a consultation over duties on US high-tech steel exports following a World Trade Organisation (WTO) dispute, Xinhua reported. In November 2012, the WTO concluded that China imposed duties on US exports of grain oriented flat-rolled electrical steel ( GOES) […]
UN Secretary General Ban Ki-moon Monday held meetings with Iraqi leaders and urged them to deal with the root cause of the violence in Anbar province. “I would urge the Iraqi leaders to address the root that causes the problem. They should ensure that nobody was left behind to reach a political cohesion, social cohesion […]
US President Barack Obama Sunday welcomed an agreement to start implementing an interim deal on Iran’s nuclear programme from Jan 20, but vowed to veto any legislation imposing new sanctions on the Islamic republic hereafter. “Beginning January 20th, Iran will for the first time start eliminating its stockpile of higher levels of enriched uranium and […]