Word: counciling
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...working to end the use of the dollar in oil trading by 2018. Citing "Gulf Arab and Chinese banking sources in Hong Kong," the newspaper said the plan is to price oil using a basket comprising gold, euro, yen, renminbi and a new unified currency for the Gulf Cooperation Council countries...
...status issues on which he hopes to revive talks this month. Palestinian Authority president Mahmoud Abbas is prevaricating on talks, mindful of his growing marginalization in Palestinian political life. Abbas' popularity reached an all time low last week after he heeded U.S. pressure to withdraw Palestinian support for Security Council action on a U.N. report accusing Israel (and Hamas) of committing war crimes in Gaza last winter. Hamas, the militant organization that controls Gaza and is also the ruling party in the elected Palestinian legislature, has the power to effectively veto any peace agreement, but it is not being engaged...
...that last effort is the only one that has produced lasting, tangible results. Last month at the U.N., after months of negotiation, the Security Council approved a resolution reinvigorating the compact between the nuclear and nonnuclear powers that aims for an eventual full elimination of nuclear weapons, an end to nuclear tests and a ban of the production of fissile material. The resolution is an overlooked part of what has allowed Obama to make tentative progress in trying to curtail Iran's nuclear program and is, the Administration says, its best hope for doing the same with North Korea...
...Abkar Javanfekr, a media aide to Iranian President Mahmoud Ahmadinejad "We are not upset, and we hope that by receiving this prize, he will start taking practical steps to remove injustice in the world. If he removes the veto from the United Nations Security Council, then it shows the prize was given correctly...
...those expectations. And they have been disappointed by the President's backing down from the demand that Israeli halt all settlement activity on territory conquered in 1967. That disappointment was compounded last week when Washington leaned on Palestinian Authority President Mahmoud Abbas to squelch efforts to get the Security Council to act on a U.N. report that accused Israel (and Hamas) of committing war crimes during January's fighting in Gaza. Indeed, Israel is openly resisting Obama's efforts to restart final-status peace talks on the key conflict issues, such as the borders of a Palestinian state, the sharing...