Archive for October 25th, 2012

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Turkish gold via Dubai to Iran

October 25, 2012

Exclusive: Turkish gold trade booms to Iran, via Dubai

(Reuters) – To see one of Iran’s financial lifelines at work, pay a visit to Istanbul’s Ataturk International Airport and find a gate for a flight to Dubai.

Couriers carrying millions of dollars worth of gold bullion in their luggage have been flying from Istanbul to Dubai, where the gold is shipped on to Iran, according to industry sources with knowledge of the business.

The sums involved are enormous. Official Turkish trade data suggests nearly $2 billion worth of gold was sent to Dubai on behalf of Iranian buyers in August. The shipments help Tehran manage its finances in the face of Western financial sanctions.

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“Hillary never sweats”

October 25, 2012

Badass Hillary Never … Sweats?

The secretary of state doesn’t sweat, according to a reporter from Condé Nast Traveler who went to Asia with her. “No matter how high the heat, not a drop nor a drip nor a bead nor so much as the faintest glisten can be detected anywhere about her person,” writes Kevin Doyle.

*Syria: car bomb kills 10 in Christian quarter of Damascus

“Terrorists are doing this,” said George, a Christian who, like many residents in Bab Touma lives in fear of the rebel fighters trying to gain control of the capital.

Encircled by thick rock historic city walls, the narrow alleyways and wooden roofed Damascene homes of the Old City had thus far remained largely insulated from the fighting that has reached the capital in recent months.

Hotels in the Old City are filled with Syrian citizens who fled their homes and had come to the area to seek shelter, said George.

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Khartoum fire blamed on Israeli bombing

October 25, 2012

A Sudanese minister said four Israeli aircraft were involved in the ‘attack’, which resulted in a huge blaze [Reuters]

Khartoum fire blamed on Israeli bombing

Sudan has accused Israel of bombing a military arms factory, threatening retaliation after a resulting fire killed two people and injured a third.

“We think Israel did the bombing,” Culture and Information Minister Ahmed Bilal Osman told a news conference.

“We reserve the right to react at a place and time we choose.”

The minister said four “radar-evading” aircraft were involved in the attack, which occurred at about midnight (2100 GMT) on Tuesday at the Yarmouk military manufacturing facility in south Khartoum. It took troops several hours to contain the blaze.

Evidence pointing to Israel was found among remnants of undetonated missiles, Osman told Al Jazeera.

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