Six Pakistani soldiers, 22 militants killed in clashes near Afghan border, army says

ISLAMABAD (Reuters) -Six Pakistani soldiers and 22 militants were killed in armed clashes in a northwestern region near the Afghan border on Saturday, the army said, as Islamist fighters increase their attacks on security forces in the area. The firefights took place in three districts after soldiers conducted intelligence-based operations in Waziristan and its adjoining …

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Situation in Syria creating new weakness for Hezbollah, Iran, says US envoy Hochstein

Doha (Reuters) – U.S. envoy Amos Hochstein said the situation in Syria, where rebels are pressing a rapid advance that is threatening President Bashar al-Assad’s grip on power, was creating a new weakness for militant Lebanese group Hezbollah and for Iran. The U.S. envoy, who negotiated a U.S-brokered ceasefire agreement in the conflict between Israel …

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Exclusive-Italy informally backed Credit Agricole’s higher BPM stake, sources say

By Giuseppe Fonte and Valentina Za ROME (Reuters) – France’s Credit Agricole had informal backing from the Italian government before it said on Friday it was raising its stake in Banco BPM, two sources close to the matter told Reuters. The increase intensifies a banking battle in Italy, begun when UniCredit last month made a …

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Russia’s oil tsar says Trump’s moves to defend US producers ‘fitting’

DOHA (Reuters) – Igor Sechin, the head of Russia’s largest oil producer Rosneft, on Saturday said he approved of U.S. President-elect Donald Trump’s proposals to defend domestic energy producers. Speaking at a conference in Qatar, he said that Trump’s promises during his election campaign involved “fitting” economic measures, including protecting domestic energy producers and the …

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Russian bases in Syria threatened by insurgent advance, say Moscow’s war bloggers

By Andrew Osborn (Reuters) -Two strategically-important Russian military facilities in Syria and Moscow’s very presence in the Middle East are under serious threat from rapidly advancing insurgents, Russian war bloggers have warned. With Russian military resources mostly tied down in Ukraine where Moscow’s forces are rushing to take more territory before Donald Trump comes to …

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