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US to press for quick UN sanctions if Iran refuses halt to uranium enrichment

ImageWASHINGTON, Aug 17, 2006 (AFP) – The United States will move quickly for UN Security Council action on sanctions against Iran if Tehran refuses to halt uranium enrichment by the end of the month, a senior State Deparment official said Thursday.

Undersecretary of State Nicholas Burns said Iranian President Mahmoud Ahmadinejad’s rejection this week of a UN resolution demanding that Iran suspend all uranium enrichment activity by August 31 was "not surprising."

He said the UN Security Council will take up sanctions under resolution 1696 if the deadline is not met.

"We would want to move very quickly," he told reporters, adding that the United States would press for a decision in the first part of September.

Iran will not accept enrichment halt

PARIS, Aug 17, 2006 (AFP) – Iran’s ambassador to Paris reaffirmed Thursday that international calls for his country to halt uranium enrichment were "not acceptable", after Tehran said it would be prepared to discuss a freeze.

"The suspension demand is one that has absolutely no legal basis. It is a political demand that is not acceptable by our public opinion or by parliament," Iran envoy Ali Ahani told French radio RMC.

UAE: Gold demand declines 21per cent in Q2

Emirates Today, August 17 – Demand for gold in the UAE fell by 21 per cent in the second quarter of 2006 at 25.9 tonnes, compared with 32.9 tonnes during the same period last year, as high prices and sagging local markets kept consumer splurges in check.

Honeywell wins bid from Qatar Shell for Gas to Liquids facilities

DOHA, Qatar, Aug. 14, 2006 – Honeywell (NYSE: HON) has been selected by Qatar Shell to design and implement the integrated process automation and control system for one of the world’s largest Gas to Liquids (GTL) plants.

Iran envoy says call for enrichment halt ‘not acceptable’

ImagePARIS, Aug 17, 2006 (AFP) – Iran’s ambassador to Paris reaffirmed Thursday that international calls for his country to halt uranium enrichment were "not acceptable", after Tehran said it would be prepared to discuss a freeze.

"The suspension demand is one that has absolutely no legal basis. It is a political demand that is not acceptable by our public opinion or by parliament," Iran envoy Ali Ahani told French radio RMC.

"We do not believe in nuclear weapons at all because we do not think they can guarantee our security, but we insist on the use of these technologies for peaceful ends," he said.

David Copperfield finds Fountain of Youth

 Reuters, August 16 – The man who made the Statue of Liberty appear to vanish may soon claim to do the same for unsightly bags and wrinkles.

Master illusionist David Copperfield says he has found the "Fountain of Youth" in the southern Bahamas, amid a cluster of four tiny islands he recently bought for $50 million.

Paris Hilton releases first music album

AP, August 16 – Socialite, tabloid fodder, reality star, yes. But Paris Hilton the singer? As she promotes her new album, "Paris," Hilton says she understands the confusion over her transformation. But she urges a look past the stereotypes.

Oil Income Drives Major Economic Expansion

 Asharq Al Awsat, August 16 – High global oil prices are driving rapid economic growth in the countries of the Gulf Cooperation Council (Saudi Arabia, UAE, Kuwait, Oman, Qatar and Bahrain), yielding substantial external surpluses and stimulating an investment boom, according to a report released today by the Institute of International Finance (IIF).

Iraq university courses suspended due to violence

Azzaman, August 13 – The University of Diyala has suspended post-graduate studies at two colleges for lack of staff.

Iraqi professors are fleeing the country and many universities are short of teachers.

Iran will hit Tel Aviv with missiles if attacked

Reuters, August 16 – Iran will hit Tel Aviv with its medium-range missiles if attacked, said an influential senior cleric yesterday.

"If they [United States and Israel] militarily attack Iran … They should be afraid of the day when our missiles with 2,000km range will hit Tel Aviv," Ahmad Khatami told state television.