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Iran begins naval exercises near Gulf strait (AP)

February 4, 2012

AP – Iran says its powerful Revolutionary Guard is starting naval exercises near the Strait of Hormuz, the critical Gulf oil tanker route that Tehran has threatened to close in retaliation for tougher Western sanctions.



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Lawyer: Suspect in Nigeria bombing dies in prison (AP)

AP - A lawyer for one of the men accused of planning a 2010 dual car bombing in Nigeria's capital says his client has died while awaiting trial.

Merkel faces challenge at home on fiscal pact (Reuters)

Reuters - German Chancellor Angela Merkel faces an unexpected challenge in getting new euro zone budget discipline rules approved at home, after the government confirmed on Saturday the new treaty will require a two-thirds majority in both houses of parliament.

Nigeria group claims killings in oil-rich delta (AP)

AP - A militant group has claimed responsibility for killing four police officers this week and says it is in contact with the kidnappers of three foreign crew members.

The Euro’s Latest Drama: Fickle Ireland Sets Vote on Fiscal Treaty (Time.com)

Time.com - Ireland announced this week it would hold a referendum on new fiscal rules for euro-zone members. A 'no' vote could possibly result in Ireland pulling out of the euro.

4 police on patrol killed in oil-rich Nigeria (AP)

AP - Police say gunmen have shot dead four police officers in Nigeria's oil-rich southern delta.

TSX may open higher on rising commods (Reuters)

Reuters - Toronto's main stock index looked set to open higher on Thursday buoyed by rising commodity prices and upbeat economic data.

Vietnam’s volatile stock market draws money, needs depth (Reuters)

Reuters - Vietnam is hoping that falling inflation and rising global risk appetites will spur sustained interest in the country's small stock market, a frontier where many pioneers have been burned.