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Iraq’s largest oil refinery, Baiji

Iraq stocks surge on strong pent-up demand

Pent-up demand has resulted in a surge in Iraqi stocks due to political gains and lifting of UN sanctions, says investment management company Global Capital Investments.
 BlackBerry 9700

RIM Marketing Chief to Leave in Six Months

Blackberry maker Research in Motion Ltd. (RIM) said its chief marketing officer Keith Pardy will be leaving in six months, just weeks ahead of its PlayBook tablet launch.
10. Naoto Kan, Prime Minister of Japan

Japan's PM hangs on but outlook grim

Japan's unpopular Prime Minister Naoto Kan on Monday refused to step down after the resignation of his foreign minister over a political funding scandal that has added to pressure on him to quit or call a snap election.
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Russia to lose $4-bln arms deal due to Libya turmoil

The ongoing violence in Libya will cost Russia a $4-billion payday from an arms deal it had earlier agreed to with Moammar Gaddafi, according to the Interfax news agency, quoting Sergei Chemezov, head of the state holding company that controls arms exports.
Carbon

China sets out disputes facing arduous climate talks

China, the world's biggest greenhouse gas emitter, wants rich nations to vow bigger cuts to emissions as part of a new international deal on fighting global warming, Beijing's top climate negotiator said on Tuesday.
U.S. Navy Enterprise Carrier Strike Group

As U.S. Ships Approach Libya, Critic Blasts Possible Military Action

As the United States moves military ships toward the Mediterranean Sea and officials discuss the possibility of imposing a no-fly zone over Libya, Venezuelan President Hugo Chavez said it was irresponsible to consider all options to resolve the situation there, including an invasion.
OAO Rosneft Refinery

Rosneft, Gazprom to fight over gas to fuel China

Rosneft (ROSN.MM) is set to take on Gazprom (GAZP.MM) when Russia puts the Kovykta gas field on the block on Tuesday as the country's top crude producer aims to muscle in on the gas export monopoly's plans to supply China.

China's US Treasuries holdings revised to $1.16 trln

The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.

Iran blames broken pump for atom fuel removal

Iran is believed to have told the U.N. atomic watchdog a broken pump is forcing it to remove fuel from its first nuclear power reactor, a new setback for the $1 billion (615 million pounds) project, experts familiar with the issue said on Monday.
Anti-government rebels dry ammunition in a base for training and recruiting rebels for the army in Benghazi February 28, 2011.

U.S. in contact with anti-government Libyans

Secretary of State Hillary Clinton said on Sunday that that the United States is reaching out different Libyans as the Obama administration calls for Libyan leader Muammar Gaddafi to leave the country.

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