Current Global News

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International Business Times

'Fearless' Argentina Await Dupont's Resurgent France

Thursday November 21st, 2024 04:30:16 AM

Antoine Dupont's resurgent France host a vastly-improving Argentina on Friday in their final game of the November internationals with Les Bleus head coach Fabien Galthie already thinking of next year's Six Nations.

Civil War Economy Hits Myanmar Garment Workers

Thursday November 21st, 2024 02:15:22 AM

As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.

International Business Times

Gautam Adani: Billionaire Indian Tycoon Facing US Bribery Charges

Thursday November 21st, 2024 06:36:13 AM

Billionaire Indian industrialist Gautam Adani, whose business empire has been rocked by US bribery charges against him, is one of the corporate world's great survivors.

'Fearless' Argentina Await Dupont's Resurgent France

Thursday November 21st, 2024 04:30:16 AM

Civil War Economy Hits Myanmar Garment Workers

Thursday November 21st, 2024 02:15:22 AM

As civil war pounds Myanmar's economy and drives up prices, garment worker Wai Wai often starts her shift making clothes for international brands on an empty stomach.

International Business Times

Iran's New Oil And Gas Contract Terms Flexible On Crude Price, Risk: Official

Saturday November 21st, 2015 01:48:00 PM

TEHRAN, Iran (Reuters) -- Iran's new oil and gas contracts will have flexible terms that take into account oil price fluctuations and investment risks, a senior Iranian official told Reuters Saturday. Iran is trying to lure back international oil companies to develop its vast oil and gas reserves once sanctions are lifted under a deal with world powers. Iran will announce a new development contract model at conferences in Tehran Nov. 28-29 ‎and in London in February.

With Crude Prices At Historic Lows, Saudi Arabia Pledges To Keep Oil Coming

Sunday November 8th, 2015 10:32:47 PM

A year after the price of crude went into free fall, the Kingdom of Saudi Arabia has said that it has no plans to reduce oil drilling. In comments to the Financial Times, Saudi officials said they see no reason to slow the supply of oil in advance of an international producers' meeting in December.

How Will Federal Budget Deal Affect US Oil Security?

Wednesday October 28th, 2015 07:27:23 PM

As Middle East and Latin American countries grapple with sinking oil prices, the United States is considering a budget deal that would require the sale of 58 million barrels of oil from the emergency reserve created decades ago to shield the nation from market disruptions. While this release of crude is unlikely to directly affect oil prices, some experts say depleting the Strategic Petroleum Reserve could leave the U.S. vulnerable to unforeseen events that disrupt global oil markets.