LONDON (AP) — Britain is pulling out of an agreement that permits fishermen from five other countries to operate in U.K. waters, the first step in reasserting control over its fishing industry as it prepares to leave the European Union.
South Africa risks slipping into a long and painful economic recession if the central bank is forced to abandon its policy of reducing inflation and protecting the currency, Reserve Bank governor Lesetja Kganyago said on Sunday. In an editorial article published in the Sunday Times newspaper, Kganyago said the recent recommendation by an anti-graft agency for the central bank to focus on growth misunderstood the dangers of persistently high consumer prices. "The past half-century is littered with examples of painful recessions caused by the need to reduce runaway inflation created by authorities trying to create growth by printing money," Kganyago said.
Iran plans Monday to sign a formal contract with Total SA and China National Petroleum Corp. to develop its share of the world's biggest natural gas field -- the first investment in the country by an international ...
Iran plans to sign a new contract to develop its giant South Pars gas field with France's Total (TOTF.PA) and China's CNPC on Monday, the first major Western energy investment since sanctions against Tehran were lifted, an Iranian oil ministry official told Reuters on Sunday. A spokesman for Total confirmed the company will sign the contract to produce gas for the Iranian market from 2021, adding that the 20-year deal with will be the first Iranian Petroleum Contract (IPC) signed in Iran. Total holds a 50.1 interest in the South Pars project with state-owned China National Petroleum Corporation owning 30 percent and Iran's Petropars 19.9 percent.
J.J. Redick is trusting the process. Gordon Hayward got his sales pitch from Miami. And David West, finally a champion, is coming back for one last season. The first day of NBA free agency Saturday saw ...
Samsung Electronics Co Ltd said on Sunday it will start selling a refurbished version of the recalled Galaxy Note 7 smartphone in South Korea on July 7, using batteries different from those that caused some handsets to catch fire last year. Samsung said in a statement it will offer 400,000 phones, dubbed the Galaxy Note 7 Fan Edition, in its home country priced 699,600 won ($611) - about 30 percent lower than the Note 7's original launch price. Batteries for the refurbished devices will have a lower capacity than those of the original Note 7s, but have passed new safety measures implemented following the recall, Samsung said.
It went all the way and ended in a contentiously bitter loss, the opposite of the outcome Manny Pacquiao's handlers predicted for his WBO welterweight world title fight against Jeff Horn. Pacquiao's long-time ...
