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OPEC unlikely to change output ceiling: Iran

OPEC is unlikely to change its production ceiling when the group meets in June, Iran's Oil Minister Bijan Zanganeh said Sunday, according to the semi-official Mehr news agency. "Lowering OPEC's production ceiling requires consensus between all members ... under current conditions it seems...

Hundreds march in Sudan against Mursi death sentence

Around 800 protesters marched through Sudan's capital on Friday against a court's decision this week to seek the death penalty for Egypt's ousted Islamist president Mohamed Mursi. Sudan's government has up to now declined to comment on the sentence in neighboring Egypt, describing...

World Bank: Gaza economy on 'verge of collapse'

 Gaza's economy is on the "verge of collapse," a new World Bank report warned Friday, saying the unemployment rate there is now the highest in the world and calling on Israel and international donors to remedy the situation. It charged that "blockades, war and poor governance have...

Turkey: PM Davutoglu slams Egypt’s ‘modern pharaohs’

Turkey does not make friends with those who sentence their democratically-elected president to death, Turkish Prime Minister Ahmet Davutoglu said Sunday. Addressing an election rally of the ruling Justice and Development, or AK Party, in Istanbul's Maltepe Square, Davutoglu called the...