1,232 killed in Iraq violence in November: UN

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Baghdad, Dec 1 (IANS): A total of 1,232 Iraqis were killed and 2,434 injured in terrorist attacks and violence across Iraq in November, according to a statement issued Monday by the UN Assistance Mission for Iraq (UNAMI).

Oil prices hit five-year low in longest losing streak since 2008 financial crisis

Source: Reuters

Oil prices fell over US US $2 a barrel to a five-year low in Asian trade on Monday, extending a steep sell-off after the Organization of the Petroleum Exporting Countries (OPEC) decided against cutting oil production last week, keeping markets well supplied.

Iraqi PM: Baghdad govt. paying salaries of 50,000 non-existent Iraqi soldiers

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Source: UPI

By: Fred lambert

BAGHDAD, Nov. 30 (UPI) — The prime minister of Iraq Sunday said at least 50,000 non-existent soldiers have been collecting salaries from the country’s military, revealing corruption in Iraqi ranks that some say led to the army’s collapse against extremists over the summer.

Patients protest Camp Liberty medical siege, demand UN-US action

Source: Canada Free Press

By:Shahriar Kia

On Wednesday, 26 November 2014, patients in Camp Liberty adjacent to Baghdad International Airport held a rally protesting the medical siege imposed by the Iraqi government on the residents of this camp.

Editorial: Iran buys itself time

Source: Boston Hrald.com

A deal on how to restrict Iran’s nuclear activities, for which negotiations have been extended to June 30, will mean nothing unless Iran’s cheating is dealt with.

Asian imports of Iran crude fall below 1 million bpd to one-year low

(Reuters) – Asian imports of Iranian crude fell below 1 million barrels per day (bpd) for a second time this year to a one-year low due to seasonal demand fluctuations, although the shipments were still up nearly a third from October last year.

Exclusive: Indian Essar’s planned oil-for-steel deal tests Iran sanctions

(Reuters) – Essar Group, a $39 billion Indian conglomerate, is looking to tap frozen Iranian oil revenues to pay for its steel exports to Tehran, in a novel attempt to work around Western financial sanctions against the OPEC member state.

A simple guide to the sudden collapse in oil prices

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Source: The washington Post

The news in the markets is dramatic: Prices for West Texas Intermediate crude oil — often used as a benchmark of U.S. prices — dropped below $70 per barrel for the first time since 2010. This continues a dramatic price slump for oil, which cost over $100 per barrel as recently as June.

Iran plots to torture Camp Liberty refugees in Iraq

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Iran is to send undercover agents to Camp Liberty disguised as family members of Iranian opposition movement, the People’s Mojahedin Organization (PMOI/MEK), in a smear campaign against the dissidents in Iraq, according to the National Council of Resistance of Iran (NCRI).

The regime has tasked the Nejat Association, a branch of Ministry of Intelligence and Security, to dispatch agents to the camp in Iraq, the group said based on the information obtained from inside Iran.

OPEC heading for no output cut despite oil price plunge

Source: Reuters

OPEC Gulf oil producers will not propose an output cut on Thursday, reducing the likelihood of joint action by OPEC to prop up prices that have sunk by a third since June.