LONDON/HOUSTON – BP Plc’s newly named chief executive called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations.
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WASHINGTON – Americans by a large majority believe President Barack Obama has not focused enough on job creation, as economic fears threaten Democrats ahead of Nov. 2 congressional elections, a Reuters-Ipsos poll found yesterday.
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WASHINGTON – U.S. President Barack Obama yesterday sought to limit damage from a massive leak of Afghan war documents, saying he was concerned about the disclosure but it revealed little that was not already known.
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MOSCOW – Russia condemned new EU sanctions on Iran yesterday, tempering hopes of closer cooperation between Moscow and the West over Iran’s nuclear programme.
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WASHINGTON – U.S. Senate Democrats unveiled a slimmed-down energy bill yesterday aimed at reforming offshore drilling and promoting alternative-fuel vehicles.
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ANKARA – British Prime Minister David Cameron promised yesterday to fight for Turkey to join the European Union and criticised opponents of Turkish membership as prejudiced.
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BISHKEK – Kyrgyzstan secured pledges worth $1.1 billion from international donors yesterday to help rebuild the strategic Central Asian country after the worst ethnic bloodshed in its modern history.
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MOSCOW – Russia’s latest privatisation plans would be a significant policy development and send a positive signal to foreign investors and global markets, a senior World Bank official in Moscow said yesterday.
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MUMBAI – India’s central bank raised interest rates more forcefully than expected yesterday to fight inflation that is on track to hit double digits for a sixth straight month, setting the stage for more policy tightening.
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LIMA – Peruvian President Alan Garcia has been cracking down on left-wing movements, part of his broader push to shape the next presidential race in favor of a centrist or conservative candidate.