Showing posts from June, 2012

Singapore cuts Iran fuel oil imports as sanctions kick in (JMD quoted)

28-Jun-2012 19:07By Luke Pachymuthu and Lee Yen Nee

SINGAPORE, June 28 (Reuters) - Singapore's fuel oil imports from Iran fell nearly 60 percent from their 2012 peak in June, as the city state applies pressure to oil firms to reduce trade with the Islamic Republic to win an exemption from U.S. sanctions.

The U.S. has granted waivers to major importers of Iranian crude such as India, Japan and South Korea, leaving just Singapore and China facing the threat of penalties that apply from Thursday and that could hurt the island's important financial industry.

International Enterprise (IE) Singapore, the country's trade agency, increased pressure on oil firms to reduce trade with Tehran following the visit of a senior U.S. diplomat, an official source familiar with the matter said.

"Another round of calls (was made) to re-emphasize the broader implications of doing business with Iran, the companies are receptive," the source said.

The Ministry of Foreign Affairs, referring …

Amid development failures, some see reduced foreign aid as a boon to Afghanistan


Saudi Arabia to allow women to compete in London Olympics

Dalma Rushdi Malhas, Saudi Arabia's likely female Olympic athlete
By James M. Dorsey
Saudi Arabia, in a sudden turnabout has lifted its ban on women athletes competing in international tournaments little more than a week after the death of Crown Prince Nayef bin Abdul Aziz, an opponent of women’s participation in global sports events.
It was not immediately clear what prompted the reversal that was announced in a statement by the Saudi embassy in London. A Saudi women equestrian is expected to be the conservative kingdom’s only female athlete likely to qualify for next month’s London Olympics. The kingdom does not encourage women’s sports, offer girls physical education in public schools or include women in its national sports plan.
The embassy statement followed months of sea-saw pronouncements on whether women would be allowed to compete in London, topped in April by a statement by Prince Nayef categorically ruling out. Prince Nayef, largely viewed as a conservative hardliner with c…

The man at the epicentre of Egyptian football (JMD quoted)

The man at the epicentre of Egyptian footballAaron Ross Jun 23, 2012
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Sudanese anti-government protests mushroom

By James M. Dorsey
Sudanese students are demanding the fall of President Omar Hassan Ahmed al-Bashir’s government in growing daily demonstrations that come 15 months after student protests nearly forced the African Football Confederation to deprive Sudan of the hosting of an African soccer tournament.
Like in February of last year, attempts by security forces using tear gas have only boosted the demonstrators’ ranks with other population groups joining the week-old protests that erupted after the government announced spending cuts.
Hundreds of Sudanese of various walks of life joined the students after Friday prayers chanting the Arab world’s all too popular slogan: “The people want to overthrow the regime.” Mr. Bashir is wanted by the International Criminal Court on charges of war crimes and crimes against humanity related to the Sudanese crackdown against rebels in the Darfur region.
This week’s protests have already lasted longer than last year’s and it remains to be seen whether …