Oil higher in Asia on Chinese demand hopes
Oil prices were higher in Asia yesterday as
dealers were boosted by figures showing a rise in manufacturing
activity in China, the world’s largest energy user, analysts said.
New York’s main contract, West Texas Intermediate crude for delivery
in May, gained 17 cents to $103.19 per barrel while Brent North Sea
crude for May settlement was up 37 cents at $123.25 in the
afternoon.
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Suu Kyi says Myanmar on cusp of ‘new era’
Pro-democracy leader Aung San Suu Kyi on Monday
hailed a “new era” for Myanmar and called for a show of political
unity after her party claimed victory in elections seen as a test of
budding reforms. Suu Kyi supporters celebrated into the night after
her National League for Democracy (NLD) party declared that the
Nobel laureate had secured a seat in parliament for the first time
in Sunday’s by-elections.
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Rights groups attack Britain's snooping plans
Rights groups on Sunday slammed British
government plans to expand its powers to monitor email exchanges and
website visits. Under the new legislation, internet companies would
be instructed to install hardware to allow the Government
Communications Headquarters (GCHQ) -- Britain's electronic
"listening" agency" -- to go through "on demand" every text message
and email sent, websites accessed and phone calls made "in real
time, the Sunday Times reported. The plans are expected to be
unveiled next month.
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Iran vows to stick to nuclear 'path'
'We do not underestimate any enemy, no matter how
tiny and lowly they are':
Iran declared on Monday it will not be swayed
from its nuclear "path" by sanctions, a week before talks with world
powers that are increasingly seen as a last chance for diplomacy in
its showdown with the West. "The sanctions may have caused us small
problems but we will continue our path," Foreign Minister Ali Akbar
Salehi vowed in an interview with the official Islamic Republic News
Agency (IRNA).
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