Likelihood Of Military Rule In Pakistan

WASHINGTON — World Bank on Tuesday raised its forecast for crude oil prices in 2016 to 41 U.S. dollars per barrel, saying that the oversupply in markets is expected to recede.

In its latest Commodity Markets Outlook report, the Washington-based global lender raised its forecast for crude oil prices this year to 41 dollars per barrel from its January’s forecast of 37 dollars per barrel. The upgrade reflected the improving market sentiment and a weakening dollar, and the World Bank also expected the oversupply will become eased. (WB-Oil Prices)
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PYONGYANG — The Democratic People’s Republic of Korea (DPRK) on Wednesday announced that the ruling Workers’ Party of Korea (WPK) will hold its 7th Congress in Pyongyang, the capital of DPRK, on May 6, the country’s official news agency KCNA reported.

The congress will be the first major conference in 36 years and the first under the current DPRK top leader Kim Jong Un. (DPRK-WPK Congress)
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Armed members of Amn Jirga or private militia formed to fight against Taliban and al-Qaida militants, patrol in the area where their leaders came under attack in the suburb of Peshawar, Pakistan on Tuesday, Feb. 23, 2010. The remote-controlled bomb attack took place Tuesday morning, apparently targeting their leader. No causality is reported. (AP Photo/Mohammad Sajjad)
ADEN, Yemen — Three prominent leaders of the Yemen-based al-Qaida offshoot were killed Tuesday by a U.S. drone strike in the country’s troubled southern province of Abyan, a military intelligence officer told Xinhua.

Missiles were fired from a U.S. unmanned aircraft and targeted two cars carrying local commanders of the al-Qaida terrorist group near the town of Zinjibar, Abyan’s provincial capital, the local intelligence source said on condition of anonymity. (Yemen-U.S.-Al-Qaida)
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BAGHDAD — Iraq’s parliament approved five cabinet members as part of a reshuffle presented by Prime Minister Haider al-Abadi, who is facing pressure to finalize the stalled reforms, official television reported Tuesday.

Legislators voted in the ministers of Health, Water Resources, Labor and Social Affairs, Electricity and Higher Education, after voting on dismissing their former ministers, the state-run Iraqiya channel said. (Iraq-Cabinet) Enditem

Source: Xinhua


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