Sunday 21 December 2014

Gold rises above $1,200, shrugs off rising equities

Gold has edged up above $1,200 an ounce as buyers helped the metal hold up against rising equity markets, paring losses fuelled by worries over a looming hike in US interest rates. A surge in gold prices to above $1,230 an ounce last week from around $1,140 a week earlier has spu


Iran urged to show more flexibility in nuclear talks

Iran has not demonstrated sufficient flexibility in nuclear talks with six world powers aimed at ending a 12-year standoff with the Islamic Republic over its atomic ambitions, France and Britain said on Thursday. The remarks, at the United Nations, came just after the completion


Iraqi Kurds liberate besieged Sinjar mountain

Kurdish peshmerga fighters have fought their way to Iraq's Sinjar mountain and freed hundreds of people trapped there by Islamic State fighters, a Kurdish leader said on Thursday. "The peshmerga have managed to reach the mountain. A vast area has been liberated," sa


Pakistan in mourning as Taliban kill 132 students

Pakistan woke up to a day of mourning on Wednesday after Taliban militants killed 132 students at a school in the city of Peshawar in a grisly attack which shocked the nation and put pressure on the government to do more to tackle the insurgency. People around the country lit can


Over 120 killed in Taliban school attack in Pakistan

At least 126 people, most of them children, were killed on Tuesday when Taliban gunmen stormed a school in the Pakistani city of Peshawar, taking hundreds of students hostage in the bloodiest insurgent attack in the country in years. Troops surrounded the building and an operatio


Nuclear talks with US proceed in good atmosphere: Iran

Iran said bilateral nuclear talks with the United States were proceeding in a good atmosphere despite lingering gaps over key issues such as Tehran's uranium enrichment capacity and how fast economic sanctions should be lifted. US and Iranian diplomats began a two-day meeting


Security forces storm Sydney cafe, gunman named

Australian security forces on Tuesday stormed the Sydney cafe where several hostages were being held at gunpoint, in what looked like the dramatic denouement to a standoff that had dragged on for more than 16 hours. Heavy gunfire and loud bangs rang out shortly after 2am local ti


Fears of jihadist attack as Sydney cafe drama continues

Australian police locked down the centre of the country's biggest city on Monday after an armed man walked into a downtown Sydney cafe, took hostages and forced them to display an Islamic flag, igniting fears of a jihadist attack. Police said they knew of one armed assailant


Hostage crisis in Sydney, Islamic terror link seen

An armed assailant was holding an unknown number of hostages inside a central Sydney cafe on Monday, police said, with local television showing some being forced to hold up a black flag with white Arabic writing in the window. Prime Minister Tony Abbott, who has warned of militan


IS storms town in Iraq, 19 policemen killed

Islamic State fighters stormed a town in Iraq's western Anbar province on Saturday, killing at least 19 policemen and trapping others inside their headquarters, in the latest attack in the desert region where it controls large amounts of territory, officials said. Islamic Sta

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