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Latest World News

Thousands Flee New Orleans Ahead of Hurricane
With Hurricane Gustav gaining strength, many residents were not waiting for evacuation orders to be issued.

LUKoil doubles US GAAP net profit in H1 of
2008 RIA Novosti reported that LUKoil's net profit calculated to US GAAP rose 91.1% YoY in the first half of 2008 to USD 7.29 billion. LUKoil's said 'The increase in net income was due to favorable market conditions, high refinery margins and increases

USW and US SS pipe mills applaud DOC finding
against China Four US stainless pipe producers and United Steelworkers have applauded a preliminary determination by the US Department of Commerce that Chinese imports of welded austenitic stainless steel pressure pipe were dumped at a margin of 22.03%.

Iraq signs $3B oil deal with China
Iraq has signed its first major oil deal with a foreign company since the fall of Saddam Hussein's regime, a spokesman for the Iraqi Oil Ministry said Saturday.

New Orleans residents flee as Gustav looms
Read full story for latest details.

Huge rally against Taiwan leader
Thousands of opposition supporters in Taiwan protest in Taipei as President Ma Ying-jeou marks his first 100 days in office.

S&P improves outlook of Ukrainian GDP growth
S&P improves outlook of Ukrainian GDP growth to 6.5% Ukrainian News Agency reported that International rating agency Standard & Poor's improved its outlook of Ukraine's gross domestic product growth to 6.5% from 5.4% for 2008. S&P in a

Iran Agrees Nuclear Deal With Nigeria
Iran has agreed to share nuclear technology with Nigeria to help it increase its generation of electricity, the BBC reports on its Web site Friday and cites a senior Nigerian Foreign Ministry official, Tijjani Kaura, as saying the technology wasn't

Zimbabwe power-sharing talks hit snag: state media
HARARE (Reuters) - Zimbabwean power-sharing talks, which resumed in South Africa on Friday, have hit a snag over a proposal for President Robert Mugabe and his opposition rival to jointly chair the cabinet, state media reported on Saturday.The opposition

Zimbabwe power-sharing talks hit snag
HARARE (Reuters) - Zimbabwean power-sharing talks, which resumed in South Africa on Friday, have hit a snag over a proposal for President Robert Mugabe and his opposition rival to jointly chair the cabinet, state media reported on Saturday. The

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