Tuesday, August 16

Day: January 6, 2016

Saudi-Iran tensions can’t stop the oil price crash as Brent reaches fresh 11 year low
Arab world, ENGLISH

Saudi-Iran tensions can’t stop the oil price crash as Brent reaches fresh 11 year low

    Brent crude resumes sell-off as Iranians says oversupply, rather than a new Middle East war, is the biggest threat to prices. Brent crude has slumped to a fresh 11-year low as the world's record oil supply glut weighs on traders. The price of a barrel of the world's benchmark fell by more than 2pc to $35.66 in early trading on Wednesday, extending a third consecutive day of losses and hitting lows not seen since 2004. The sell-off resumed after escalating tensions between Iran and Saudi Arabia - two of the world's biggest rival producers - saw Brent spike briefly in Monday trading. But traders shrugged off the prospect of a new bout of geopolitical risk in the Middle East. West Texas Intermediate - the US benchmark - also declined 1.5pc to $35.44. An Iranian official from ...
Britain condemns North Korea hydrogen bomb test claim
ENGLISH, United Kingdom

Britain condemns North Korea hydrogen bomb test claim

    A hydrogen bomb test which North Korea claimed it has conducted is a "provocation" and a "grave breach" of UN Security Council resolutions, Philip Hammond said. The Foreign Secretary said he condemns without reservation the move, which the country announced in a state broadcast. An announcer described the test, the first since 2013, as a "perfect success". Mr Hammond, who is currently on an official visit to China, tweeted: "If North Korean H-bomb test reports are true, it is a grave breach of UNSC resolutions & a provocation which I condemn without reservation." The news of the "miniaturised" hydrogen bomb test was unexpected, as no mention has been made in leader Kim Jong Un's New Year speech. The US Geological Survey measured an earthquake with a magnitude of 5.1 - ...
IS Bomb Skills Truly The Stuff Of Nightmares
Arab world, ENGLISH

IS Bomb Skills Truly The Stuff Of Nightmares

    At first, the images didn't look very different from the raft of other ISIS propaganda on the internet, but within minutes, it occurred to me that this was definitely no ISIS propaganda video. The trademark flag-waving masked gunmen I'd expected to see were replaced with clean-shaven, technically adept and highly trained weapons specialists giving expert tuition in how to turn obsolete munitions and ammunition into state of the art weapon systems. Without doubt, the most chilling aspect of watching this training video was the unprecedented levels of technical expertise and ingenuity of those weapons engineers. During my career I have pitted my wits against some of the world's most prolific bomb-makers. I personally began fighting against the IRA's bombmakers in 1999 - duri...
Mass Sexual Attack in Germany Inflames Migrant Debate
ENGLISH, Europe

Mass Sexual Attack in Germany Inflames Migrant Debate

    German authorities said on Tuesday that coordinated attacks in which young women were sexually harassed and robbed by hundreds of young men on New Year’s Eve in the western city of Cologne were unprecedented in scale and nature. The assault, which went largely unreported for days, set off a national outcry after the Cologne police described the attackers as young men “who appeared to have a North African or Arabic” background, based on testimony from victims and witnesses. More than 90 people have filed legal complaints, the police said on Tuesday. Sign Up For NYT Now's Morning Briefing Newsletter The police in Hamburg also said that 10 women had reported being sexually assaulted and robbed in a similar fashion on the same night, and they urged witnesses to come forward. G...
Seven million foreigners living in Britain as immigration rises by a fifth
ENGLISH, United Kingdom

Seven million foreigners living in Britain as immigration rises by a fifth

    The number of foreigners living in Britain has passed seven million for the first time after net immigration rose by a fifth. There was a 21 per cent increase in the net flow of migrants to the UK while the number of those leaving hit a six-year low. Residents born overseas account for one in eight people after hitting 7,040,000 last year, according to the Office for National Statistics. Some 239,000 more people moved here during 2010 than left, the fourth highest level on record, and a record one in four births were to foreign-born mothers. It is a major blow to David Cameron’s pledge to cut net immigration to the “tens of thousands” by 2015. But Damian Green, the immigration minister, blamed Labour’s “addiction” to immigration. Other figures yesterday showed that a recor...