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Iran parliament in balance in poll run-offs

  Tehran / AFP Nearly a quarter of Iran’s parliamentary seats are at stake on Friday in an election in which reformists want to consolidate their recent comeback and minimise the clout of hardline lawmakers. The second round run-offs were triggered because no candidate in 68 constituencies managed to win 25 percent of votes cast in the initial nationwide ballot on ...

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Conflict in the Caucasus

  STEPANAKERT, Nagorno-Karabakh The military commander of this breakaway Armenian republic predicted in an interview here Monday that a fragile cease-fire could collapse within days. By that night, Azerbaijani shelling had killed two Armenian soldiers in a northern border town, amid accusations by each side that the other had violated the truce. The “frozen conflict” here, stalemated for 22 years, ...

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Saudi’s push to non-oil sectors commendable

Saudi Arabia’s ambitious strategy to restructure the Kingdom’s economy is seen as an unprecedented departure from oil dependency to diversification. In recent years, Riyadh has relied on oil revenues for about 90% of its budget. The new economic paradigm shift involves diversification, privatisation of massive state assets — including the energy giant Aramco — tax increases and subsidy cuts. Prince ...

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