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Washington, Muharram 6, 1436, Oct 30, 2014, SPA -- The United States on Thursday condemned the latest violence in South Sudan, and urged both sides in the conflict to abide by previous agreements...

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Berlin, Ramadan 23, 1432, Aug 23, 2011, SPA -- A leading member of Chancellor Angela Merkel's
government called Tuesday for cash-strapped eurozone members to use
their gold reserves as collateral for any future bailouts, according to dpa.

Labour Minister Ursula von der Leyen said in the future that money
from the European Union-led rescue fund should only be paid out when
the states receiving the assistance provided collateral.

Von der Leyen believes that the gold reserves and industrial
holdings held by many nations could be used as collateral for loans,
according to information from German public television.

The Labour Minister, who is a vice president of Merkel's
conservative Christian Democrats (CDU), is also member of a special
new CDU party commission set up to review the debt crisis gripping
parts of the 17-state eurozone.

The commission was established following conflict within the ranks
of the CDU over how to deal with the financial problems facing
members of the currency bloc.

Von der Leyen's comments also came amid signs of fresh tensions
among eurozone members over the 109-billion-euro second rescue
package for Greece, which is due to be pieced together next month.

About five eurozone states, led by Finland, have been calling for
Greece to provide collateral before agreeing to the second bailout

The price of gold has surged this year amid a flight to safety by
investors unnerved by the turmoil in share markets, which has been at
least in part triggered by the eurozone debt crisis.

Gold climbed to a record high Tuesday, when it breached the key
1,900-dollar an ounce mark.

18:01 LOCAL TIME 15:01 GMT
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Washington, Muharram 6, 1436, Oct 30, 2014, SPA -- The United States on Thursday condemned the latest violence in South Sudan, and urged both sides in the conflict to abide by previous agreements to end fighting and genuinely engage in a peace process. "The United States condemns in the strongest...
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Moscow, Muharram 6, 1436, Oct 30, 2014, SPA -- Russian Foreign Minister Sergei Lavrov met here today with visiting Jordanian Foreign Minister Nasser Judeh. During the meeting, they discussed the latest developments...
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The three breakout sessions that took place on the second day, October 30, developed diverse solutions. Breakout session A was successful in demonstrating means for synchronized efforts between governments and regional and international organizations in halting the rise of cross-border crimes across...
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Dubai, Muharram 6, 1436, Oct 30, 2014, SPA -- The UAE Ministry of Foreign Affairs and DP World have concluded the highly successful UAE Counter-Piracy Conference, held on 29-30 October in Dubai. Saudi Arabia's delegation to the conference was led by Prince Turki bin Mohammed bin Saud Al-Kabeer,...
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Washington, Muharram 6, 1436, Oct 30, 2014, SPA -- The U.S. economy grew at a solid pace in the July-September quarter, supported by gains in business investment, export sales, and the biggest jump in military spending in five years, the government reported Thursday. The Commerce Department...
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