Saturday, January 7, 2012

Iran - tensions boost oil prices pushing the price of Brent crude oil above $113

Published on Jan 6, 2012 by
http://www.euronews.net/ Mounting tensions between Iran and the West are sparking concern over possible supply disruptions pushing the price of Brent crude oil above $113 a barrel on Friday.

Analyst expect more volatility after Iran threatened to shut the Strait of Hormuz, the world's most important oil route.

That was in response to tighter sanctions from the US and a possible ban on its crude exports to Europe.

"The supply risk regarding Iran is still boiling. On top of this, there is also supply risk from Nigeria," said Carsten Fritsch, analyst at Commerzbank.

Turkey - The detention of Ilker Basbug is the main talking point

Published on Jan 6, 2012 by
http://www.euronews.net/ The detention of Ilker Basbug is the main talking point in Turkey.

Newspapers heralded the arrest on their front pages. Some detailed the accusations that he was the leader of terrorist organisation and had been preparing the ground for a military coup.

Others pointed to fact that it is unprecedented in modern Turkey.

One Istanbul resident said: 'Whoever makes mistakes must be held accountable whether it is an ordinary man or a Chief of Staff or a politician. Whoever acts against the people, illegally, and unjustly must face trial.'

New Book Details Patrick Swayze's Cancer Fight

Published on Jan 6, 2012 by
It's been two years since actor Patrick Swayze died from pancreatic cancer and his wife Lisa Niemi Swayze is still figuring out how to navigate her life without him. She writes of his illness and about her loss in a new book now in stores. (Jan. 6)
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USA - Series of Distractions for GOP N.H. Candidates. New Jobs Report Tops N.H. Campaigning

Published on Jan 6, 2012 by
On the same day new unemployment numbers were positive news for the White House, the GOP candidates in N.H. were dealing with other controversies, protests and lagging poll numbers. (Jan. 6)
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New Jobs Report Tops N.H. Campaigning
Published on Jan 6, 2012 by
On the heels of positive economic news for the White House, the field of GOP Presidential hopefuls campaigning in New Hampshire and South Carolina were quick to point out -- the economy is still their chief concern. (Jan. 6)

USA - Texas Teen Mistakenly Deported to Colombia Back in U.S

Published on Jan 6, 2012 by
A 15-year-old Texas girl who was deported in May to Colombia after claiming to be an illegal immigrant was back in the United States and will be in Dallas on Friday evening, her mother said. (Jan. 6)

New Zealand - Hot Air Balloon Bursts Into Flames Killing 11

Published on Jan 6, 2012 by
A hot air balloon carrying 11 people turned into a horrifying tower of "sheer flame" after hitting power lines near a rural New Zealand town, police and witnesses said. All aboard were killed. (Jan. 6)

USA - Arson Suspect's Mother Appears in LA Court

Published on Jan 6, 2012 by
The mother of a German man suspected in more than 50 arson fires over New Year's weekend has made a second appearance in a Los Angeles courtroom on fraud charges. (Jan. 6)

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