Posts Tagged ‘civil’

BP to admit to misconduct in Gulf spill

by on November 15, 2012 4:20 am BST
The sources, who spoke to Reuters on condition of anonymity, said that BP would plead guilty in exchange for a waiver of future prosecution on the charges.BP and the Justice Department declined to comment, the news wire reported.BP has been locked in months-long negotiations with the US

CORRECTED-Arab Spring economies to recover slowly in 2013-IMF

by on November 11, 2012 9:21 am BST
Sun Nov 11, 2012 4:21am EST (Corrects fifth paragraph to show numerical forecasts exclude Libya) * Weak demand in Europe, elsewhere to weigh on recovery* GDP across region expected to rise 3.6 percent in 2013* IMF suggests some countries consider forex flexibilityDUBAI, Nov 11 (Reuters) - Most economies hit by the Arab Spring uprisings will

Bashir to visit South Sudan

by on October 29, 2012 1:41 am BST
Last month, Sudan and South Sudan agreed to end hostilities, restart southern oil exports through the north and revive cross-border trade, after both came close to war in April.The foreign minister gave no date but officials said the visit could be in early November.The African neighbours have

Brent dips near $109 on economic gloom

by on October 23, 2012 10:42 am BST
Oil eased towards $109 a barrel on Tuesday as investors brushed off Iran's threat to halt exports if it sees further sanctions, instead focusing on a fragile world economy and its impact on oil demand growth.Concerns over the state of the global economy were revived after the world's largest