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Syrian group Al Nusra Front claims responsibility for Lebanon bombing
The Syrian Al Qaeda-linked rebel group Al Nusra Front claimed responsibility for a suicide bombing at a cafe in the northern Lebanese city of Tripoli on Saturday that left nine dead and more than three dozen injured, according to the National News Agency, the latest violence to spill over from the four-year Syrian civil war.
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Gulf stocks facing some serious ‘downward pressures’
All seven Gulf bourses have been down since the start of the year as investor confidence is dented by the slide in oil prices.
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WTI Falls Below $50 a Barrel First Time in 5 1/2 Years
Benchmark U.S. oil prices dropped below $50 a barrel for the first time since April 2009 as surging supply signaled that the global glut that drove crude into a bear market will persist.
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+972′s Story of the Year: Gaza
Most people I met in Gaza view their struggle as part of a larger Palestinian resistance, forcing Israelis and the rest of the world to reckon with the realities of a brutal military occupation. That its brutality is more extreme in Gaza — after all, no Israeli commander could order the strafing of Jerusalem or of settlement-bound Ramallah — is a source of pride. It is pained, to be sure, but not at all defeatist. No, there is a palpable sense of defiance in Gaza, despite the killing, despite the siege.
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Qatar Scales Back Role in Middle East Conflicts
This tiny emirate made plenty of foes in recent years by intervening in an array of regional conflicts. Now, faced with some hefty political costs, it is moderating its big-power ambitions.
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Saudi Telecom to book $166 mln gain on land transfer to govt
Saudi Telecom Co said on Tuesday it would book a 621 million riyal ($166 million) gain in the fourth quarter of this year due to expropriation of some of its land holdings by the government.
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Lima climate change talks reach global warming agreement
International negotiators at the Lima climate change talks have agreed on a plan to fight global warming that would for the first time commit all countries to cutting their greenhouse gas emissions. The plan, agreed at United Nations talks on Sunday, was hailed as an important first step towards a climate change deal due to be finalised in Paris next year. The proposals call on countries to reveal how they will cut carbon pollution, ideally by March next year.
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Netanyahu-Mossad Split Divides U.S. Congress on Iran Sanctions
The Israeli view shared with Corker and other senators also mirrors the assessment from the U.S. intelligence community. “We’ve had a standing assessment on this,” one senior administration official told us. “We haven’t run the new Kirk-Menendez bill through the process, but the point is that any bill that triggers sanctions would collapse the talks. That’s what the assessment is.” Another intelligence official said that the Israelis had come to the same conclusion.
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Saudi to lift ban on Bangladeshi labour
Saudi Arabia is to lift a seven year ban that prohibits Bangladeshi labourers from entering and working in the country.
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Saudi Arabia Delays $109 Billion Solar Plant by 8 Years
Part of the delay appeared to be linked to the kingdom’s desire to build its own renewable manufacturing business with money from the program. Currently, most solar panels are made inChina, and companies such as General Electric Co. in the U.S., Siemens AG of Germany andVestas Wind Systems A/S (VWS) of Denmark make wind turbines.
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