News archive of February 2018

Iraq PM agrees with Kurdish authorities to resume Kirkuk oil exports

Iraq’s government has agreed with Kurdish regional authorities to resume Kirkuk oil exports through Turkey’s Ceyhan port soon, Prime Minister Haider al-Abadi said on Feb. 27 without giving a precise timeline for restarting the flow.

Dollar builds on 3-week high after Powell testimony

The dollar hit a three-week high on Feb. 28 after an upbeat assessment of the U.S. economy by Federal Reserve Chairman Jerome Powell’s boosted bets on more interest rate hikes, while the euro edged lower before inflation data.

613 kilos of Colombian cocaine seized in Albania

Police chief Ardi Veliu said two people were arrested the previous day when the cocaine was found in a container unloaded from a ship that came from Colombia via Italy and Malta.

The container was transferred to a private warehouse before the police intervened. The warehouse owner is still on the run.

Trains Collide North of Egyptian Capital, 15 Killed

Two trains collided on Wednesday north of the Egyptian capital, Cairo, killing at least 15 people, authorities said, the latest deadly accident involving the country's underfunded and mismanaged railways.

Another 40 people were injured in the accident, which took place in the Beheira province in the Nile delta, according to the country's state MENA news agency.

Russian IT Giant Yandex Breaks Into Serbian Market

Mayor of Kragujevac Radomir Nikolic and Yandex representative Andrej Strelkov on Tuesday announced that Russia's biggest IT company had landed its first contract in Serbia.

The official website of the city of Kragujevac said Yandex will make applications and maps for the local authorities.

Famous Greek soccer officials found guilty of match-fixing

The president and the owner of Asteras Tripolis, the former owner of Levadiakos, the suspended mayor of Volos and former owner of the local club, and two former Olympiakos defenders are among the Greek soccer figures found guilty of match-fixing or illegal betting in the case related to the 2010-2011 season, known in Greece as Koriopolis.

Croatia Opposition Parties Move to Oust Deputy PM

Croatian opposition parties are demanding Minister of Economy Martina Dalic's resignation over her role in the crisis in Agrokor - the debt-ridden food giant whose bankruptcy threatens to undermine the financial stability of the country.

Syrian gov’t gains ground on 2nd day of Russian truce

Syrian government forces and allied militias gained ground yesterday in clashes with rebels in eastern Ghouta near Damascus as fighting raged despite a Russian ceasefire plan, the Syrian Observatory for Human Rights reported.

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