LIBYA

Britain's Brown to hold phone talks with Obama

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British Prime Minister Gordon Brown and U.S. President Barack Obama will speak on Thursday for the first time since Lockerbie bomber Abdel Basset al-Megrahi's release and will discuss the global economy and Afghanistan.

CNPC cancels Verenex deal; Libya eyes takeover

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Verenex Energy Inc said on Tuesday the international arm of China National Petroleum Corp ended a C$446 million ($417 million) agreement to acquire the Canadian oil producer after Libya's government refused to approve the deal.
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UK denies putting Libya first in IRA victims' row

The row over Britain's relations with Libya took a new turn on Sunday as Gordon Brown denied he had shied away from pressing Tripoli to compensate families of IRA victims who say Libya supplied the guerrillas with arms.
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Lockerbie bomber release linked to oil deal: report

Britain agreed to include Lockerbie bomber Abdel Basset al-Megrahi in a prisoner transfer deal with Libya because of overwhelming interests shortly before an oil deal was sealed with Tripoli, a newspaper reported on Sunday.
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Verenex says talks with Libya continue

Verenex Energy Inc. said on Tuesday its agreement to be bought by China for $460 million remained in effect and talks to resolve its impasse with Libyan authorities continue.
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Russia's Tatneft discovers oil in Libya

Russian mid-sized oil firm Tatneft (TATN3.MM) said on Tuesday it had successfully drilled a well on an oil block of Libya's Ghadames Basin, some 345 kilometres (214 miles) south of Tripoli.
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Scottish minister defends Lockerbie bomber release

Scotland's justice secretary Monday defended his decision to free the Lockerbie bomber on humanitarian grounds in the face of severe criticism from the United States government and relatives of U.S. victims.
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Gaddafi hugs Lockerbie bomber; Britain denies deal

Libyan leader Muammar Gaddafi hugged the convicted Lockerbie bomber and promised more cooperation with Britain in gratitude for his release, while London and Washington condemned his hero's welcome home.
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UK condemns celebrations for Lockerbie bomber

Britain on Friday condemned celebrations in Tripoli to mark the return of the Lockerbie bomber, and scrambled to deflect international fallout from the decision to free him on humanitarian grounds.
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Obama calls Lockerbie bomber release a mistake

The United States strongly condemned Thursday's decision by Scottish authorities to free a terminally ill Libyan convicted of the 1988 Lockerbie plane bombing, saying there was no justification for his release.
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Lockerbie bomber sent home to Libya to die

A former Libyan agent jailed for life for the 1988 Lockerbie bombing that killed 270 people flew home on Thursday after Scottish authorities released him on compassionate grounds because he is dying of cancer.
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U.S. condemns release of Lockerbie bomber

The United States strongly condemned Thursday's decision by Scottish authorities to free a terminally ill Libyan convicted of the 1988 Lockerbie plane bombing, saying there was no justification for his release.
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UAE's Etisalat bids for Libyan telecom licence

UAE telecoms firm Emirates Telecommunications Corp (Etisalat) could invest at least $500 million if it wins a tender for a telecom licence in Libya as it looks to boost its customer base into North Africa, a top executive said on Tuesday.
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NAM summit calls for new world order

The Non-Aligned Movement (NAM) closed the 15th summit Thursday with a declaration to continue supporting each other as well as to promote disarmament and international security, peacekeeping, human rights and democracy.
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G8 pledges $20 billion in farm aid to poor nations

G8 leaders pledged $20 billion (12.3 billion pounds) in farm aid to help poor nations feed themselves, surpassing expectations on the final day of a summit that has yielded little progress on climate change and trade.
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How North Korea earns money from arms sales?

North Korea fired seven ballistic missiles on Saturday, South Korea's defense ministry said, in an act of defiance against the United States as Washington cracks down on the secretive state's weapons proliferation.
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Ahmadinejad's rivals defiant on Iran vote

Two losing contenders in Iran's presidential election denounced the result on Wednesday in clear defiance of Supreme Leader Ayatollah Ali Khamenei, saying Mahmoud Ahmadinejad's next cabinet would be illegitimate.

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