Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Davos 2012
Technology
Media
Small Business
Legal
Deals
Earnings
Summits
Business Video
The Freeland File
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
India Insight
World Video
Reuters Investigates
Decoder
Politics
Politics Home
Election 2012
Issues 2012
Candidates 2012
Tales from the Trail
Political Punchlines
Supreme Court
Politics Video
Tech
Technology Home
MediaFile
Science
Tech Video
Tech Tonic
Opinion
Opinion Home
Chrystia Freeland
John Lloyd
Felix Salmon
Jack Shafer
David Rohde
Bernd Debusmann
Nader Mousavizadeh
Lucy P. Marcus
David Cay Johnston
Bethany McLean
Edward Hadas
Hugo Dixon
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
Susan Glasser
The Great Debate
Steven Brill
Geraldine Fabrikant
Jack & Suzy Welch
Breakingviews
Equities
Credit
Private Equity
M&A
Macro & Markets
Politics
Breakingviews Video
Money
Money Home
Tax Break
Global Investing
MuniLand
Unstructured Finance
Linda Stern
Mark Miller
John Wasik
James Saft
Analyst Research
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Money Clip
Investing 201
Life
Health
Sports
Arts
Faithworld
Business Traveler
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Reuters TV
Reuters News
Article
Comments (5)
Full Focus
Editor's choice
A selection of our best photos from the last 24 hours. Full Article
Images of January
Best photos of the year 2011
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Komen struggles to defuse Planned Parenthood crisis
02 Feb 2012
Analysis: A sobering look at Facebook
2:20am EST
Panetta believes Israel may strike Iran this spring: reports
02 Feb 2012
Don Cornelius son says dad called before suicide
02 Feb 2012
Facebook IPO: Mark Zuckerberg's Bizarre Ode to Hackers
02 Feb 2012
Discussed
90
Romney wins Florida Republican presidential primary
88
Indiana poised to approve anti-union law
81
Taliban ”poised to retake Afghanistan” after NATO pullout
Watched
Iran sends toy drone to Obama
Sun, Jan 29 2012
Leftist protesters attack British banks in Buenos Aires
Thu, Feb 2 2012
Egypt security forces fire tear gas at Cairo protesters
Thu, Feb 2 2012
China intensifies criticism of sanctions on Iran
Tweet
Share this
Email
Print
Related News
Israel says Iran has material for four A-bombs
Thu, Feb 2 2012
Germany's Merkel urges China to use influence on Iran
Thu, Feb 2 2012
IAEA, Iran to meet again after "good" talks
Wed, Feb 1 2012
Iran sanctions "biting" in recent weeks: CIA chief
Tue, Jan 31 2012
CIA chief says appears Saudi oil "ramping up"
Tue, Jan 31 2012
Analysis & Opinion
The economy’s ‘China Syndrome’
Images of January
Related Topics
World »
BEIJING |
Thu Feb 2, 2012 8:12pm EST
BEIJING (Reuters) - A top Chinese newspaper stepped up Beijing's opposition to a Western push for tighter sanctions against Iran, warning Friday that tensions over Tehran's nuclear program are hurting energy markets and could stifle the global economic recovery.
China's criticism of tighter sanctions on Iran, designed to prevent Tehran from developing nuclear weapons, appeared in the People's Daily, the mouthpiece of the ruling Communist Party.
It comes a day after German Chancellor Angela Merkel urged Beijing to use its influence to persuade Iran to give up its nuclear weapons program.
"The global economy is in the midst of a difficult economic recovery and reducing the shocks of uncertainties is the common responsibility of countries all over the world," the People's Daily commentary said.
"In the near term, the sudden spike in tensions between the United States and Iran is now posing the greatest uncertainty. This factor is disrupting global energy markets and has cast a shadow over the global economic recovery."
The commentary appeared under the pen-name of "Zhong Sheng," which in Chinese sounds like "Voice of the Centre" or "Voice of China," suggesting it reflects high-level government views.
China, the world's second-largest crude consumer, has long opposed unilateral sanctions that target Iran's energy sector and has tried to reduce tensions that could threaten its oil supply.
The energy tensions are a particular worry for China, the biggest buyer of Iranian oil. Only Saudi Arabia and Angola sell more crude to China than Iran.
Escalating tensions between Iran and the West over Tehran's disputed nuclear program -- which have led to Iranian threats to close the vital Straits of Hormuz Gulf oil export route -- have pushed up Brent crude prices by about 9 percent since mid-December.
Thursday, at a joint media briefing after what Germany's Merkel described as "long discussions" about Iran, Chinese Premier Wen Jiabao appeared to reject the pressure to do more.
He said Beijing objected to Western nations politicizing the "normal commercial relationship" it has with the Islamic Republic (of Iran), echoing language that China has used before.
Merkel, who is in China on a three-day visit, said on Thursday she hoped the U.N. Security Council could pass a unanimous resolution on the Iran issue.
The United States imposed the harshest sanctions on Iran when President Barack Obama signed into law sanctions on transactions involving Iran's central bank on December 31.
The European Union imposed a ban on the import, purchase or transport of Iranian oil in January.
The commentary reiterated China's stance that dialogue should be used to resolve the Iranian nuclear issue.
China has backed U.N. Security Council resolutions calling on Iran to halt uranium enrichment activities, while working to ensure its energy ties are not threatened. In January, Wen forthrightly warned Tehran against any effort to acquire nuclear weapons.
(Reporting by Sui-Lee Wee; Editing by Ken Wills)
World
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (5)
FatherJames wrote:
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Support
Corrections
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Podcast
Newsletters
Mobile
About
Privacy Policy
Terms of Use
Copyright
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.