Oil prices pushed higher in Asia on Thursday as a Japanese minister fretted about the effects of Middle East unrest, stock markets were mostly underwhelmed by a strong session on Wall Street.Japan's economy minister voiced disquiet about oil supplies to his energy-poor country after violent clashes in Middle Eastern countries from Bahrain to Libya, with tensions also heightened following moves by Iran to send naval ships into the Mediterranean.
"Stability in the Middle East has important implications for Japan because the region is a big supplier of crude, which is a lifeline for our economy," economy minister Kaoru Yosano said at a regular press conference, quoted by Dow Jones Newswires.Brent North Sea crude for April delivery rose two cents to $102.61 in Asian trade, while New York's main contract, light sweet crude for delivery in March, gained a cent to $86.37. Media agencies
More than 200 people were killed in a massacre in south Sudan last week. The south's Humanitarian Affairs Minister James Kok, today said that 201 people, had been killed in what he termed a massacre.He said they were chased into a river by rebels and nearly 160 of the dead were civilians, such as children, the elderly and refugees.
Previous estimates said that about 100 people had died when fighters loyal to rebel leader George Athor attacked. The deaths come as the region prepares for independence from the north after last month's referendum. Some 99 per cent of people voted to secede from the north.
Lieutenant General Myint Aung, who was on a list to be appointed defense minister on Friday has reportedly declined the cabinet post and was placed under house arrest in Naypidaw on Thursday.Lieutenant General Myint Aung, once thought to be an heir apparent to Than Shwe, was reportedly under house arrest on Thursday after he refused a ministerial post.Lieutenant General Myint Aung, once thought to be an heir apparent to Than Shwe, was reportedly under house arrest on Thursday after he refused a ministerial post. Unconfirmed reports said Myint Aung, who previously served as the adjutant general, is thought to have refused the ministerial position because he perceived it as a demotion.
Prior to his rejection of the post, the Than Shwe loyalist was thought by many observers to be next in line to replace Burma’s reclusive dictator at the helm of the nation’s armed forces. The future for Myint Aung, 55, remains unclear but his military career appears to have come to a screeching halt.
A prayer in the name of His Holiness 17th Karmapa Lama is being held by the hundreds of Buddhist devotees from across India near Jantar Mantar in New Delhi.
No shouting. No crying. No burning of effigies. No jamming national highways. At a place, where demonstration is the order of the day (Jantar Mantar in New Delhi), this is no Dharna (demonstration) but a prayer meet. At a nearby demonstration being held on price rise, the atmosphere is tense and the police on toes. But here, as Buddhist devotees keep coming from across the Delhi, there is hardly any police personnel visible. Kudos to the Lamas and Buddhist community for the restraint it has shown to convince a government which is brutally suppressing the agitation for Gorkhaland in nearby Darjeeling.
Children, young, old, men, women and common people, the devotees are silently praying in the national capital among chants of monks in red robes. The patience and methodology adopted by the Buddhist community despite unwarranted allegat…