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OPEC to reduce oil output by 520,000 barrels a day
The Organization of the Petroleum Exporting Countries (OPEC) has decided to cut its production quotas by 520,000 barrels a day. OPEC oil ministers meeting in Vienna said they had decided to return to the production levels of September 2007 in order to prevent oil prices from falling too far. Since July, when crude prices spiked to nearly 150 US dollars, they have lost nearly 30 percent in value. An OPEC statement issued after oil ministers ended their meeting early on Wednesday said the organisation agreed to produce 28.8 million barrels a day.
Hollywood heavyweights Robert De Niro and Al Pacino reunited on the red carpet in New York Wednesday night for the premiere of their new crime thriller “Righteous Kill” — their first film together since making 1995’s “Heat.”
The movie also stars
The Pakistani Army has been given orders to retaliate against any unilateral strike by the Afghanistan-based US troops inside the country.
Army Spokesman Maj Gen Athar Abbas confirmed the orders in a brief interview with Geo News on late Thursday night.
The
David Miliband has allegedly come in for a rather undiplomatic tongue-lashing from his Russian counterpart.
The Foreign Secretary was apparently given a furious dressing down by Sergei Lavrov over the telephone.
Mr Miliband’s criticism of Russia’s recent incursion into Georgia is believed
PIETERMARITZBURG, South Africa - A South African judge ruled Friday that prosecutors were wrong to charge ANC President Jacob Zuma with corruption, effectively clearing way for the 66-year-old former freedom fighter to become the country’s next president.
Judge Chris Nicholson’s ruling
Thailand’s political turmoil deepened Friday when the ruling coalition failed to turn up to parliament to reelect leader Samak Sundaravej as prime minister.
Lawmakers from the six-party coalition did not attend an emergency session of parliament called to choose a prime minister, three days after a court stripped Samak of power for accepting payments for hosting
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