Tag Archives: Qatar

Qatar pledges additional $3B aid to Egypt

Qatar‘s prime minister says the Gulf nation will give Egypt another $3 billion to bolster its ailing economy and help rebuild key industries.

The pledge on Wednesday adds to Qatar‘s previous promises to invest up to $18 billion in Egypt over the next five years. It also highlights a critical economic lifeline for Egypt‘s governing Muslim Brotherhood, which has close ties with Qatar‘s rulers.

Qatar‘s prime minister, Hamad bin Jassim Al Thani, also said that the Gulf state will increase natural gas shipments to Egypt in the summer to help its overburdened energy networks.

The announcements followed talks with visiting Egyptian Prime Minister Hesham Qandil.

Egypt‘s economy has tumbled since the fall of Hosni Mubarak two years ago. Unrest has scared away foreign investors and crippled the vital tourism industry.

…read more

Source: FULL ARTICLE at Fox World News

6.1 magnitude earthquake strikes town near Iranian nuclear plant

A 6.1 magnitude earthquake that struck near the town of Iran‘s first nuclear power plant has left at least 4 dead, state TV reported on Tuesday, but operations at the plant are unaffected.

The report said the earthquake struck the town of Kaki some 60 miles southeast of Bushehr, a town on the Persian Gulf.

The Russian company that built the nuclear plant said the earthquake was felt there, but it didn’t impact operations, Sky News reports.

“Personnel continue to work in the normal regime and radiation levels are fully within the norm,” an Atomstroyexport official told Russian state news agency RIA.

Shahpour Rostami, the deputy governor of Bushehr province told state TV that rescue teams have been deployed to Shomneh, the most damaged district in the region.

Kaki resident Mondani Hosseini told the Associated Press that people had run out into the streets out of fear.

Two helicopters were sent to survey the damaged area before sunset, Mohammad Mozaffar, the head of the province’s rescue department said.

The quake was felt across the Gulf in Bahrain, the United Arab Emirates and Qatar, where workers were evacuated from high-rise buildings as a precaution.

Earlier on Sunday a lighter earthquake jolted the nearby area. Iran is located on seismic faults and it experiences daily light earthquakes.

In 2003, some 26,000 people were killed by a 6.6 magnitude quake that flattened the historic southeastern city of Bam.

The Associated Press contributed to this report.

…read more

Source: FULL ARTICLE at Fox World News

Strong earthquake jolts southern Iranian town

Iran‘s state TV is reporting that a 6.1 magnitude earthquake has jolted a town in the country’s south.

The Tuesday report by the English-language channel Press TV says the earthquake struck Khormooj some 80 kilometers southeast of Bushehr, the home of Iran‘s first nuclear power plant.

There were no immediate reports of casualties or damage.

Another report by semi-official Fars news agency says fearful residents poured into the streets.

The quake was felt across the Gulf in Bahrain and Qatar, where workers were evacuated from high-rise buildings as a precaution.

Earlier on Sunday a lighter earthquake jolted Khormooj. Iran is located on seismic faults and it experiences daily light earthquakes.

In 2003, some 26,000 people were killed by a 6.6 magnitude quake that flattened the historic southeastern city of Bam.

…read more

Source: FULL ARTICLE at Fox US News

Light Bars Make Everything Better: BMW Adds M6 Gran Coupe to Roster of MotoGP Safety Cars

By Alexander Stoklosa

As BMW enters its 15th season as the official car of MotoGP, it’s gifting the series’ safety-car fleet a brand-spanking-new M6 Gran Coupe. As the latest M car to hit consumers, the M6 Gran Coupe is a natural fit for safety-car duty. Besides, the burliest Gran Coupe looks unbelievably cool even before BMW adds a light bar, so there’s that.

The M6 Gran Coupe safety car gets the typical complement of doo-dads relevant to making it both highly visible and, er, safer. There’s a unique front fascia adapted to accomodate a pair of LED driving light arrays, black wheels, black grilles and fender vents, an Akrapovic exhaust system, Recaro racing seats, and of course, a roof-mounted light bar. The mostly white M6 Gran Coupe gets further amped up with an M-signature blue, purple, and red stripe job. Serving alongside the Gran Coupe is an M6 coupe introduced for last season and an M5; there’s also an M3 coupe for the safety officer, two M550d xDrive Touring (wagon!) medical cars, and two S1000RR HP4 safety bikes.



The new M6 Gran Coupe safety car with the whole MotoGP support gang.

The M6 Gran Coupe safety car made its debut at last weekend’s MotoGP season opener in Qatar. But if you’re determined to see this particular fleet of M-badged safety vehicles in the metal, the next stop on this season’s MotoGP calendar is the Circuit of the Americas in Austin, Texas, later this month.

…read more

Source: FULL ARTICLE at Car & Driver

Qatar pledges $500m for war-ravaged Darfur

Qatar is pledging $500 million to help rebuild Sudan‘s war-battered region of Darfur as part of an international conference seeking ways to boost stability after a decade of violence.

Monday’s promise follows Qatar‘s drive to strengthen peace efforts brokered by the Gulf nation two years ago. The official Qatar News Agency said Darfur funding pledge opened a donors’ conference in the capital, Doha.

Darfur has been gripped by bloodshed since 2003 when rebels took up arms against the government in Khartoum. Fighting also erupts between tribes.

Sudan‘s leader Omar al-Bashir is accused of genocide and war crimes by the International Criminal Court for attacks in Darfur.

On Sunday, Britain pledged $102 million to Sudan over three years, with about half going to Darfur.

…read more

Source: FULL ARTICLE at Fox World News

UK pledges $102 million more in aid to Sudan

The British government says it is giving an additional 67 million pounds ($102 million) to Sudan over the next three years, with at least half of the aid earmarked for the war-torn Darfur region.

International Development Minister Lynne Featherstone says the funds will help end Darfur’s dependency on emergency aid by tackling the root causes of poverty.

The money will go toward helping communities grow their own food and get skills training.

The announcement through Britain’s Department for International Development came ahead of an international donor’s conference on Darfur’s development held Sunday in Qatar.

Britain currently spends 25 million pounds a year in Darfur.

…read more

Source: FULL ARTICLE at Fox World News

Just Who Do You Think You Are?

By Bill Mann, Motley Fool Asset Management

Filed under:

The following commentary was originally posted on

FoolFunds.com

, the website of Motley Fool Asset Management, LLC, on March 12. With permission, we’re reproducing it here in slightly edited form.

I don’t want the world. I just want your half. — They Might Be Giants

Honest, I’m not going out of my way to make fun of the French. And it should be noted that France is far from alone in its conflicted philosophy toward capital. On certain levels, every country on Earth has policies in place that punish the very capital that makes their countries’ economies tick. It’s just that the French are just so … French about it.

Dang it! I did it again.

There are people who believe that labor makes the world go round, that it has primacy over capital. It’s compelling, and perhaps slightly more romantic, to have this view of the world. But let’s do a little thought test. There are countries that have plenty of labor and very little capital. Others have the opposite condition, of plenty of capital and scarce labor. In the first group are places like North Korea, Sudan, and Venezuela. In the latter are Qatar, Singapore, and Norway. So I’m not saying that labor is worthless — far, far from it — but capital is the primary driver of economic development.

Ultimately, economics don’t operate based upon the beliefs of the majority, or of those in power. Economics operate on inputs and incentives, and at the center of the economic world is capital.

Politics vs. capital
Politics is the opposite, which is bad news for capital in places where its primacy isn’t necessarily appreciated. Unfortunately, economics also isn’t a very good science, because it’s impossible to generate precise repetition of results. Which means that it is really, really easy to do things like compare economic outputs between different presidential terms, but just as easy for many people to forget that most of those comparisons don’t mean a blessed thing, because so many of the inputting factors were entirely different. Political expediency demands that such subtleties be ignored, which is why it ought to be perfectly acceptable to stick your fingers in your ears and scream “LALALALALALA!” whenever a politician attempts to discuss economics.

Here’s the thing about the conflict between capital and politics. Politics wins nearly every single battle between the two. Yet because capital is fungible, capital always wins the war. When capital isn’t respected, it leaves. That which cannot leave, molders.

It’s a simple matter. Mistreat capital and it will go elsewhere. And “elsewhere capital” means that your assets will command lower multiples. You can see this principle in action every time a CEO of a public company steps down or gets the boot and the …read more

Source: FULL ARTICLE at DailyFinance

Eyeing Syria, White House woos regional rulers

When President Barack Obama meets over the next month with leaders from Mideast and other regional nations, he will have a timely opportunity to try to rally the Syrian opposition’s main backers around a unified strategy to oust Syrian President Bashar Assad.

Jordan, Turkey, Qatar and the United Arab Emirates — whose Sunni Muslim leaders will meet separately with Obama starting April 16 — are all believed to be arming or training rebel forces seeking to overthrow Assad’s regime. But disparate political, geographic and religious considerations have led to conflicting approaches to which rebel factions to back and what kind of support to provide.

Infighting among mostly Sunni opposition groups and their failure to agree on a power structure to take over if Assad falls has been an important factor aiding the Alawite president as he clings to power two years into a civil war that has left at least 70,000 dead. Alawites are an offshoot of Shiite Islam, and the civil war has largely broken down along sectarian lines.

As resolute as Obama and most U.S. allies are that Assad must go, officials are increasingly worried about what Syria will look like if the regime falls before opposition groups can agree on a governing structure. That has resulted in extra U.S. pressure on regional allies to convince the opposition to unite.

White House spokesman Jay Carney said the high-level visits by leaders from the four nations reflect Obama‘s “deep personal interest” in the region and his commitment to the policies the U.S. is advocating.

“He will use these opportunities to discuss the complex developments in the broader Middle East,” Carney said. “Not just Syria, but including Syria.”

He pointed to other developments related to the Arab Spring and Obama‘s visit in March to Jordan, Israel and the Palestinian territories as other topics the president would likely discuss with the Arab leaders. Secretary of State John Kerry also is returning to the Middle East on Saturday for meetings on Syria and Israeli-Palestinian peace.

Additionally, senior Obama administration leaders at the White House, State Department and Pentagon held a high-level meeting Friday that focused on Syria among its top national security priorities, according to two officials familiar with the discussion who spoke on condition of anonymity because they were not authorized to disclose the talks to the media. Senior U.S. officials have been meeting regularly to discuss a range of options on U.S. involvement in Syria, …read more

Source: FULL ARTICLE at Fox US News

Statement by the Press Secretary on the Visit of the Amir of Qatar

By The White House

President Obama will welcome to the White House the Amir of Qatar, His Highness Hamad bin Khalifa al-Thani, on Tuesday, April 23rd. The United States and Qatar have a strong bilateral relationship, reflecting our close defense partnership, expanding commercial ties, and many other areas of cooperation.

The United States is firmly committed to continuing to deepen our consultations with Qatar on the many important developments in the region. The President looks forward to a broad discussion with the Amir on a range of mutual interests and regional issues to further strengthen our bilateral partnership.

…read more

Source: White House Press Office

It's Time for Royal Dutch Shell to Start Motoring Again

By Harvey Jones, The Motley Fool

Filed under:

LONDON — When I invested in Royal Dutch Shell  three years ago, I was sure I was onto a gusher. With oil trading at comfortably over $100 a barrel, emerging markets getting thirstier by the day and new sources of energy hard to access, this oil and gas big boy seemed a no-brainer. Thanks to its generous 5% yield, Shell was one stock I fully expected to retire on. So what went wrong?

Shell’s share price has barely shifted in the last two years, while the FTSE 100 rose 8% in that time. Yet I reckon the market has been a little harsh on Shell, which reported a fourth-quarter 2012 profit of $5.6 billion, up 15% on the year, thanks to strong performance in its refining and marketing divisions. Management was upbeat about the future, and boosted the quarterly dividend by 4.7%, but it wasn’t enough. The market had expected more. Shell stalled.

Shale and hearty
These are hardly car crash figures. Production rose 3.3% to £3.41 million of oil or natural gas equivalents per day, with new projects in Qatar and australia offsetting falls elsewhere. Shell is investing in 30 new projects that should boost production to four million barrels of oil equivalent a day by 2017 or 2018. With up to £130 billion in the capital spending kitty, it is investing heavily in its future. This is a company that throws off notes, generating $46 billion of cash flow in 2012. It is also getting stuck into the task of exploiting China‘s potentially vast shale oil reserves, after signing a production-sharing contract with China National Petroleum Corporation. New markets, new profits.

Double Dutch
Shell has its problems. The oil price is volatile and new sources such as oil sands are expensive to extract. Gas prices have plummeted thanks to U.S. shale discoveries, hitting its struggling U.S. upstream business. Brokers have lost their enthusiasm. UBS recently downgraded Shell to neutral, blaming a lack of near-term momentum, and held its target price at £23. I will definitely continue to hold Shell. That 5.1% yield, covered 2.5 times, is reason enough to be loyal. The question is, should I top up my tank? The recent bull run has left many of my favorite shares looking fully valued, but I don’t have that problem with Shell, which trades at just 7.7 times earnings. Even BP trades at 11.7 times earnings, while BG Group is even more expensive at around 13 times earnings, despite its lowly 1.5% yield, and recent admission that it won’t grow at all in 2013. On that basis, Shell looks cheap.

Five sure things
Earnings-per-share growth isn’t as juicy, with Shell on course for a 4% drop in 2013 and a meager 2% rise in 2014. The market isn’t fooled, it knows Shell has a long and winding road ahead of it. But for the long-term investor, recent sluggish performance makes now a tempting time to hop on board.

Shell looks a good long-term investment, …read more

Source: FULL ARTICLE at DailyFinance

World's most powerful rifle raising fears in hands of Syrian rebels

By Paul Alster

New YouTube video from the Syrian battlefield shows rebels firing the same high-powered sniper rifle favored by U.S. Navy SEALs, leaving some experts wondering who the ragtag army of insurgents might train the guns on in the future.

The British-made AS-50, accurate from a distance of 20 football fields, is made for British Special Forces and Navy SEALs. Video showing Syrian rebels, who are aligned with Al Qaeda, firing the guns and shouting “Alahu akbar,” has also raised questions about who is supplying such devastating hardware.

“The video, showing jihadist rebels of the ‘Descendents of the Prophet Brigade’ firing one of the world’s most effective sniper rifles, should be cause for alarm,” said David Reaboi, of the Washington-based Center for Security Policy. “We don’t know who has been supplying this group (or the myriad others) with these weapons but, given the jihadist ideology of these groups, it’s only a matter of time until they’re turned on Americans or our allies and interests.”

The gun set a world record when a member of the British Household Cavalry in Afghanistan’s Helmand province killed two members of the Taliban with successive bullets over a recorded distance of more than 1.5 miles.

The Free Syrian Army has been receiving weapons from Qatar, Saudi Arabia, and Turkey – all close allies of the U.S. But the U.S. has repeatedly stated that it has sent no weapons to the opposition forces.

The U.S. State Department has acknowledged directly providing $385 million support to the Syrian people, including “emergency medical care and medical supplies, food aid, and winterization supplies like blankets and heaters for those affected by the crisis.” The site also reports that “over 4,000 major pieces of equipment have been provided, mostly to Damascus, Aleppo, and other areas with significant opposition presence, including communications and computer equipment, as well as generators.”

Experts said it could prove impossible to determine where the rebels got AS-50s and how many they have.

The sniper rifle, manufactured by Accuracy International – which sells arms to the Turkish and Saudi Arabian militaries – has a fearsome reputation. It has been used in various theaters of war in recent years by many elite forces, including both the SEALs and British Special Forces.

“I know from first-hand experience how revered the AI product is, even in the States, where traditionally US producers are favored,” a British Army sniping instructor told Wired in 2011.

Call of Duty, a warfare game that in 2009 sold more than 7 million copies in just one day, seemingly endorsed the already lofty reputation of the AS-50 by featuring the weapon in one of its many urban combat simulations, giving the sniper rifle something of an iconic following amongst players of the record-breaking video feature.

The Free Syrian Army has recently made significant territorial gains against government forces in the two-year-old bloody civil war that in March saw its worst ever body count, with independent monitors determining at least 6,000 people were killed.

The gun costs about $10,000, according to Reaboi, and each one could be around …read more
Source: FULL ARTICLE at Fox World News

Shivering Britain Underlines Opportunities for Centrica and BG Group

By Tony Reading, The Motley Fool

Filed under:

LONDON — It only took a few days of marginally unseasonable weather and some technical problems with the interconnector that pipes gas from the Continent to bring Britain close to energy rationing last month.

Gas stores were down to just two days supply and an LNG (liquefied natural gas) tanker was diverted here to avert the kind of rationing seen in third world countries.

It highlighted the U.K.’s poor gas storage facilities. But it should put some impetus behind the government‘s new “Gas Generation Strategy“.

Higher prices, more investment
It could be good news for investors, if not consumers. Higher gas prices and more investment into the sector should benefit both Centrica  and BG .

Though best known for its downstream British Gas business, Centrica is the largest investor in the Cygnus gas field in the North Sea, which is due to come on-stream in 2015.

Centrica claims that its involvement in upstream activities just hedges its downstream exposure to gas prices, but most observers would reckon high gas prices are good for the company.

Storage and generation
Centrica also has substantial gas storage and gas-powered electricity generation capacity, though it’s been closing down generating plant as its ageing fleet falls foul of the government‘s green agenda.

That’s where the Gas Generation Strategy comes in. It will “consider whether there is a case for measures to encourage gas storage”. Last month’s near-miss seals that question. The strategy should ensure that there are “opportunities for investors in gas generation plant”. That should help Centrica build new more efficient plants.

What might put some action into these words is the recent appointment of Michael Fallon as Energy Minister, while retaining a dual brief as Business Minster. He is expected to put more emphasis on securing low-cost energy supplies.

Coals to Newcastle
The diversion of the tanker Zarga to Milford Haven last month illustrates the global economics of LNG. Carrying enough gas from Qatar to provide six hours’ U.K. consumption, the tanker goes wherever the price is highest. The U.K. is building more LNG import terminals — and both Centrica and BG are cashing in on the global LNG market.

BG was one of the first companies to sign a long-term LNG supply deal in the U.S., where the shale gas glut has seen LNG import terminals reconfigured as export terminals. Centrica has just signed a 20-year deal with the same exporter.

BG‘s LNG business, a third of revenues, adds stability to the big bet it’s placing on its Brazilian offshore projects. It has just signed a 20-year contract to supply India with up to $20bn-worth of gas.

Gas is a sector with a healthy outlook and I have shares in both these companies. But any portfolio should be well diversified, and have a core of solid and dependable blue-chip shares that you can buy and forget about. The Motley Fool has picked the five best shares that fit this bill.

You can read all about them in this brand-new report. Just click …read more
Source: FULL ARTICLE at DailyFinance

Mullah Mohammed Omar, Taliban Leader, Could Run For Afghan President, Says Karzai

By The Huffington Post News Editors

BERLIN — Afghan President Hamid Karzai has told a German newspaper that Taliban leader Mullah Mohammad Omar could run for president in elections next year.

Karzai’s government has agreed the Taliban can open an office in Qatar if the group breaks all ties with al-Qaida and renounces terrorism. Karzai was in Qatar Sunday to discuss the issue.

Read More…
More on Taliban

…read more
Source: FULL ARTICLE at Huffington Post

Hamas confirms leader Khaled Mashaal's re-election

Palestinian militant group Hamas has confirmed the re-election of longtime leader Khaled Mashaal in a vote held in Cairo.

In a statement Tuesday, the group said the election came after voting by leaders from Gaza, in the West Bank, in exile and those in Israeli jails.

Mashaal, 56, led the group since 1996. He is a relative pragmatist who enjoys the backing of regional powers Turkey, Egypt and Qatar. He is expected to tackle the stalled reconciliation with West Bank leader Mahmoud Abbas.

Hamas wrested Gaza from Abbas in 2007. Since then, the rivals have established separate governments in the West Bank and Gaza.

Two Hamas officials said Mashaal ran unopposed in the Monday vote, winning the support of a majority in Hamas’ Shura Council which has about 60 members.

…read more
Source: FULL ARTICLE at Fox World News

Afghanistan's Karzai says Taliban leader eligible to run for president next year

Afghan President Hamid Karzai has told a German newspaper that Taliban leader Mullah Mohammad Omar could run for president in elections next year.

Karzai’s government has agreed the Taliban can open an office in Qatar if the group breaks all ties with Al Qaeda and renounces terrorism. Karzai was in Qatar Sunday to discuss the issue.

Karzai said in an interview published Tuesday by the German daily Sueddeutsche Zeitung that authorities have “sporadic contacts” with the Taliban. He said that the Afghan constitution is valid for all Afghans and “the Taliban also should benefit from it.”

Asked whether Mullah Omar should seek the presidency, Karzai was quoted as saying: “He can become a candidate for the presidency and give Afghans the opportunity to vote for or against him.”

…read more
Source: FULL ARTICLE at Fox World News

Khaled Meshaal Re-Elected Leader Of Hamas

By The Huffington Post News Editors

(Corrects third paragraph to show Meshaal’s visit to Gaza in December was his first)
* Egypt and Qatar lobbied on Meshaal’s behalf
* Once a hardliner, Meshaal increasingly seen as a moderate
GAZA, April 2 (Reuters) – Hamas re-elected Khaled Meshaal on Tuesday as the Islamist group’s leader, at a marathon overnight closed-door meeting held in Cairo, an official with the organisation said.
Once reviled as a hardliner but now seen increasingly in the Arab world and by some Westerners as a moderate, Meshaal, 56, has headed the movement that rejects Israel‘s existence and controls the Palestinian territory of Gaza, since 2004.
Born near Ramallah in the occupied West Bank, Meshaal steered Hamas through the upheaval unleashed by the Arab Spring uprisings. He spent decades in exile and visited Gaza for the first time ever in December.
Meshaal left Syria about a year ago after ties ruptured with President Bashar al-Assad over the bloody civil war there.
Building on relations with Egyptian President Mohamed Mursi, said to be an old friend, Meshaal moved on to win a delicate truce with arch-enemy Israel in November and has also sought to heal a rift with rival Palestinian President Mahmoud Abbas.
Palestinian officials and analysts said Meshaal, dogged by Gaza critics of his ceasefire with Israel and efforts to reconcile with Abbas, had to be persuaded to continue as Hamas’s leader for another term.
“Meshaal was re-elected,” a Hamas official said, reporting in a terse statement on Tuesday on the results of a meeting that began in the Egyptian capital on Monday. The official gave no other details of the vote by which about 60 top officials of the group had reaffirmed Meshaal anew as Hamas’s political leader.
Both Egypt and powerful Gulf emirate Qatar also lobbied strongly on Meshaal’s behalf, a diplomat in the region told Reuters.
“They saw Meshaal as a moderate and …read more
Source: FULL ARTICLE at Huffington Post

Qatar Orders 500 U.S. Javelin Anti-Tank Missiles

By Rich Smith, The Motley Fool

Filed under:

Last week, just before America broke for the long weekend, the Defense Security Cooperation Agency announced (link opens a PDF) that it has notified Congress of plans to make a “foreign military sale” to Qatar of 500 FGM-148 Javelin Guided Missiles. Including the cost of accessories, spare parts, training, and logistical support, the deal is estimated to be worth $122 million to the weapons’ manufacturers, Raytheon and Lockheed Martin .

Justifying the sale, DSCA advised Congress that “this proposed sale … [will] improve the security of an important partner which has been, and continues to be, a force for political stability and economic progress in the Middle East.” Importantly, DSCA argued, the sale will also “provide greater security for [Qatar‘s] critical oil and natural gas infrastructure.”

At the same time, the agency assured Congress that the sale of these missiles, designed primarily as an anti-tank weapon but also useful for attacking buildings and even low-flying helicopters, “will not alter the basic military balance in the region.”

At this time, the sale is still considered “potential” and has not yet been concluded.

The article Qatar Orders 500 U.S. Javelin Anti-Tank Missiles originally appeared on Fool.com.

Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool owns shares of Lockheed Martin and Raytheon. Try any of our Foolish newsletter services free for 30 days. We Fools don’t all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Hamas re-elects Mashaal as its leader

Two Hamas officials say the Islamic militant group has re-elected Khaled Mashaal as its leader.

Mashaal, 56, who has run the Palestinian movement since 1996 from exile, was seen as a favorite.

He is backed by regional powers Qatar, Turkey and Egypt. He is now based in Qatar.

His re-election could revive stalled reconciliation efforts between Hamas and political rival Mahmoud Abbas, the Western-backed Palestinian president.

The officials said the majority of the group’s Shura council members voted for Mashaal. They spoke on condition of anonymity because they were not authorized to discuss the secret procedure.

…read more
Source: FULL ARTICLE at Fox World News

Hamas says it's in final round of leadership vote

Two Hamas officials say senior figures in the Palestinian militant movement have gathered in Cairo for the last stage of internal elections to determine the group’s new leader.

Khaled Mashaal, the Qatar-based chief of the Islamic movement since 1996, is the front-runner for the post.

The officials said the vote was likely to be held later Monday in Cairo. They spoke on condition of anonymity because they were not authorized to discuss the secret procedure.

Mashaal has pushed for reconciliation with Western-backed Palestinian President Mahmoud Abbas, but has encountered resistance from Hamas hardliners in the Gaza Strip.

Hamas seized Gaza from Abbas in 2007, leaving him in charge of only parts of the West Bank. Reconciliation between the two territories has since been elusive.

Hamas has repeatedly postponed the voting.

…read more
Source: FULL ARTICLE at Fox World News

Afghan leader in Qatar to discuss peace talks

Afghan President Hamid Karzai has met with the Emir of Qatar in Doha to discuss the possible opening of a Taliban office in the Gulf state.

The move could foster the peace process with the Islamic fundamentalist movement in a bid to stem violence as foreign combat forces prepare to withdraw from Afghanistan by the end of 2014.

The Qatar News Agency says Karzai met with the emir, Sheik Hamad bin Khalifa Al Thani, and other senior government officials on Sunday. It also says he held talks with Qatar‘s ambassador to Pakistan during a tour of an Islamic art museum in Doha.

The report didn’t give details, but Afghan Foreign Ministry spokesman Janan Mosazai has said the talks would include the peace process and the opening of a Taliban office.

…read more
Source: FULL ARTICLE at Fox World News