UNITED NATIONS—The United States is urging U.N. Security Council members to respond to Iran for its recent ballistic missile launch. U.S. Ambassador Samantha Power said Monday Tehran’s missile launches last week were “dangerous, destabilizing and provocative” and “undermine the prospect for peace” in the region. Washington says the launches violate language of a U.N. resolution […]
State-run Iranian media outlets have raised $600,000 to add to the bounty for the killing of British author Salman Rushdie, according to reports from the semi-official Fars news agency. This is biggest increase in the bounty since its inception 27 years ago. The latest hike reportedly brings the total award close to $4 million. The […]
Iran rejected appeals Wednesday from other oil-producing states to curb its oil exports to try to end the plunge in world crude oil prices, instead saying it intends to increase production. Iran’s envoy to the Organization of the Petroleum Exporting Countries, Mahdi Asali, said Tehran intends to step up exports until they reach the level […]
Worries about China’s slowing growth and further drops in oil prices sparked a global stock selloff on Friday. The cost of a barrel of oil slid below $30 for both the Brent and West Texas Intermediate benchmarks. In New York, the S&P 500 fell 2.7 percent in afternoon trading, while the Dow was off nearly […]