Civil unrest fueled by anger against perceived corruption and misrule by Iraq’s political elite intensified across the south of the country on Friday, as protesters stormed the Iranian consulate in Basra while others briefly took workers hostage at a nearby oilfield. Source Reuters
The Eurogroup Working Group (EWG) of eurozone member-states ended on Thursday without any objections being raised to a plan by the leftist-led government in Greece for suspending pension cuts planned to go into effect in 2019, Kathimerini has learned. Source: Ekathimerini
India’s crude oil imports from Africa jumped in October to their highest level in three years as Indian refiners rushed to secure more African barrels amid uncertainties over the U.S. waivers for Iran’s oil, while a narrowing premium of Brent Crude prices over Dubai swaps made Brent-linked African grades more attractive for buyers in Asia. Source: Oil Price
EU Enlargement Commissioner Johannes Hahn was quoted Nov. 6 as telling German daily Die Welt: “I think that, in the long term, it would be more honest for Turkey and the EU to go down new roads and end the accession talks.” Source: Hürriyet Daily News
