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Archive for February 2010

World News- Ukraine Election may lead to second round of protests

Ukraine Election Result Sparks Protest Fear- SkyNews

Ukraine’s pro-Moscow presidential candidate Viktor Yanukovich has declared victory in the country’s fiercely contested elections, sparking fears of a repeat of the country’s Orange Revolution.

http://news.sky.com/skynews/Home/World-News/Ukraine-Elections-Viktor-Yanukovich-Declares-Victory-In-Presidential-Race/Article/201002215544486?lpos=World_News_First_World_News_Article_Teaser_Region_0&lid=ARTICLE_15544486_Ukraine_Elections%3A_Viktor_Yanukovich_Declares_Victory_In_Presidential_Race

World News- Iran creates attack drones

Iran producing attack drones: general

Unmanned aircraft said to have long range- CBC News

Iran has launched two production lines to build unmanned aircraft with surveillance and attack capabilities, the country’s defence minister announced Monday.

Iran also announced it will soon deploy a missile air defence system more powerful than the advanced Russian S-300 system Tehran ordered from Moscow in 2007 but has yet to receive.

World News- Business- China- CIC compelled to list US holdings in detail

CIC Offers a Glimpse Into U.S. Holdings- Wall Street Journal

BEIJING—A new filing by China Investment Corp. on its stakes in U.S.-listed companies sheds light on the $300 billion sovereign-wealth fund’s investment practices but includes relatively few large holdings in the world’s biggest economy.

In a report to the U.S. Securities and Exchange Commission, CIC said it owned equity stakes valued at a combined $9.63 billion in more than 60 U.S.-listed companies at of the end of last year. The holdings include small stakes in a number of companies CIC wasn’t previously known to have bought into, such as American International Group Inc., Apple Inc., and News Corp., which owns The Wall Street Journal.

The CIC report, filed Friday, marks the first time the fund—one of the world’s most-watched investors—has listed its holdings in such detail. The disclosure isn’t a comprehensive list of CIC’s U.S. holdings; it omits certain publicly announced investments, such as the fund’s roughly 10% stake in private-equity firm Blackstone Group LP, which it bought for $3 billion in 2007 and added to in 2008.

http://online.wsj.com/article/SB10001424052748703427704575052303975503216.html?mod=rss_about_china

World News- Afghanistan- letting the taliban know what’s coming- the offensive

US, Allies Tell Taliban About Offensive- Miltary.com

KABUL - Thousands of U.S., British and Afghan troops are poised to launch the biggest offensive of the war in Afghanistan in a test of the Obama administration’s new counterinsurgency strategy.

Military operations usually are intended to catch the enemy off guard, but for weeks U.S. and allied officials have been telling reporters about their forthcoming assault on Marjah, a Taliban-held town of 80,000 and drug-trafficking hub in southern poppy-growing Helmand province.

Senior NATO commanders and top Afghan officials have openly discussed the approximate time of Operation Moshtarak - the Dari language word for “together” - the size of the force and their objectives in news conferences, interviews and news releases that have been disseminated around the world and posted on government Web sites. Leaflets have been airdropped on the town.

http://www.military.com/news/article/us-allies-tell-taliban-about-offensive.html?ESRC=topstories.RSS

World News- Iraq- Oil workers on strike in Basra

Oil workers protest in Basra- Iraq Oil report

Hundreds of oil workers in southern Iraq have staged protests after disputes with their employers over overtime pay and demotions, sparking union leaders to call for a much-delayed labor law to be ratified.

It is the latest in an ongoing dispute between Iraqi laborers and the government that refuses to recognize them, which would be a major risk to any foreign investment, especially in the oil sector.

http://www.iraqoilreport.com/politics/oil-policy/oil-workers-protest-in-basra-3874/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+iraqoilreport+(Iraq+Oil+Report)&utm_content=Twitter