Sunday 1 January 2012

Iran fires radar-beating missile during Gulf drill

TEHRAN (Reuters) - Iran test-fired a new medium-range missile, designed to evade radars, on Sunday during the last days of its naval drill in the Gulf, the official IRNA news agency quoted a military official as saying. The 10-day naval exercise coincided with increased tension in Iran's nuclear row ...


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ECB Says Banks’ Overnight Deposits Rose, Nearing All-Time High

Dec. 30 (Bloomberg) -- The European Central Bank said overnight deposits from financial institutions rose, approaching an all-time high. Euro-area banks parked 445.7 billion euros ($576.8 billion) with the Frankfurt-based ECB yesterday, up from 436.6 billion euros a day earlier. Deposits reached a ...


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Iran successfully tests domestically made nuclear fuel rods: TV

Iran has successfully produced and tested fuel rods for use in its nuclear power plants, state television reported on Sunday, in a snub to international demands that it halt sensitive nuclear work. The rods, which contain natural uranium, were made in Iran and have been inserted into the core of ...


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Iran makes nuclear fuel breakthrough

Iranian scientists have produced the nation's first nuclear fuel rod, a feat of engineering the West doubted Tehran was capable of, Iran officials said Sunday. The announcement comes after Iran has said it was compelled to manufacture fuel rods on its own since international sanctions banned Tehran ...


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Afghan president welcomes US remarks on Taliban

KABUL, Afghanistan - Afghan President Hamid Karzai on Saturday welcomed remarks from the Obama administration that the Taliban were not necessarily America's enemies. Earlier this month, Vice President Joe Biden said in an interview with Newsweek magazine that the Islamist militants did not ...


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