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SINGAPORE: Oil prices hovered above $81 a barrel Wednesday in Asia after a report showed mixed evidence about U.S. crude demand. Benchmark crude for April delivery was up 5 cents to $81.54 a barrel at midday Singapore time in electronic trading on the New York Mercantile Exchange.
WASHINGTON : The US space shuttle fleet can continue flying beyond Nasa’s September 30 deadline if the money is made available to keep it going, a US space agency official told reporters on Tuesday. “I think the real issue that the agency and the nation has to address is the expense,” said Space Shuttle Program Manager John Shannon, noting the shuttle fleet costs the National Aeronautics and Space Administration 200 million dollars per month to maintain it in working condition. “Where that money comes from is the big question,” he added.
PANAJI INDIA: Goa police is planning to file an FIR against five policemen who were placed under suspension for their alleged nexus with drug peddlers in the state. High level sources in the department said that the Crime Branch, which is investigating the nexus, is likely to file the FIR, soon. Deputy Inspector General of Police Ravindra Yadav has already given his consent to file the report against all five policemen including police inspector Ashish Shirodkar
A traditional Islamic concept about protecting the faith and its followers has become a judicial weapon for Iran’s rulers: charging opponents as so-called enemies of God with the threat of possible death sentences. Iran’s accusations of “moharebeh”, literally “waging war” in Arabic, have opened deep rifts between ruling clerics and Islamic scholars questioning how an idea about safeguarding Muslims can be transformed into a tool to punish political protesters
SINGAPORE: Oil declined in Asian trade Tuesday amid fading euphoria over better-than-expected US jobs data, analysts said. New York’s main contract, light sweet crude for April delivery, was off 32 cents to 81.55 dollars a barrel.
HONG KONG : Asian stock markets were mixed in early trade on Wednesday due to a lack of firm direction as dealers awaited the impact of key Chinese economic numbers. Beijing said its trade surplus reached 7.61 billion dollars in February and its exports for that month totalled 94.5 billion dollars — up 45.7 percent year on year. With no strong signals from the United States, regional investors were awaiting the figures from China that could dictate Beijing’s monetary policy.
Afghan President Hamid Karzai is arriving in Pakistan today on a two-day visit. During his stay, Karzai would meet with President Zardari and Prime Minister Gilani. According to diplomatic sources, Pakistan would discuss India’s interference in Balochistan and security of Pakistanis present in Afghanistan with Karzai, while the latter would likely to raise regional strategy, and issues of 2 million Afghan refugees residing in Pakistan.
ISLAMABAD PAKISTAN: Malaysia is expecting fourfold increase in import of Pakistani rice during the current year, Commercial Counselor for Pakistan High Commission Wajihullah Kundi said in Kuala Lumpur on Tuesday.
Production of cotton is expected to reach 1 crore and 60 lac bales next year due to rise in price at local level. Cotton Ginners Association chairman Haji Muhammad Akram told that this year 1 crore and 27 lac bales of cotton were produced in the country while last year this volume was 1 crore 14 lac bales
KABUL: Iranian President Mahmoud Ahmadinejad arrived in Kabul on Wednesday to hold talks with his Afghan counterpart, a spokesman in Hamid Karzai’s office said. It is Ahmadinejad’s first visit to Iran’s eastern neighbour since Karzai was re-elected following a deeply controversial election in Afghanistan in August
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