Slight drop in OPEC crude price ahead of Friday meeting

Slight drop in OPEC crude price ahead of Friday meeting Vienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) fell by 0.31 dollars Tuesday, even though cartel members have indicated they might cut production at their meeting on Friday in Vienna.

One barrel (159 litres) of OPEC crude stood at 64.32 dollars Tuesday, down from 64.63 dollars on the previous day.

Analysts expect OPEC to lower production by at least 1 million barrels per day on Friday, as slowing demand has dragged down oil prices.

Madonna to continue her stay in London

Madonna to continue her stay in London Heart throb of millions, the pop icon ‘Madonna’ decided not to bid adieu to Britain even when she has broken up with her husband, British Director, Guy Ritchie. Madonna who is presently 50 years old, married the director(40), in December 2000 at Skebi Castle in the Scottish highlands.

Madonna who was supposed to leave for New York with her kids as soon as she gets divorce from Ritchie, now changes her mind as the British director admitted that it was in best of interests for the kids to remain in Britain.

At least five government troops killed in Swat Valley combat

PakistanPeshawar - At least five security personnel and seven rebels were killed when Taliban rebels ambushed a troop convoy in Pakistan's restive Swat Valley, police said Wednesday.

The caravan of several vehicles of paramilitary Frontier Corps (FC) and police carrying supplies for the troops came under attack in Sarsinai area of sub-district Kabal Tuesday afternoon.

"Four FC soldiers and a policeman were martyred (killed) in the attack, while security forces killed seven militants in the clashes that lasted for several hours," said Swat police chief Dilawar Khan Bangash.

Astronomers spot rare onset of a huge flow of gas from a quasar

Washington, Oct 22 : Astronomers from the University of Florida (UF) and University of California-Santa Cruz have discovered the onset of a huge flow of gas from a quasar, or the super-bright core of an extremely remote young galaxy still being formed.

The gas was expelled from the quasar and its enormous black hole sometime in the space of four years around 10 billion years ago – an extremely brief and ancient blip noticed by the unlikely convergence of two separate observational efforts.

“It was completely serendipitous,” said Fred Hamann, a UF astronomy professor. “In fact, the only way it could have happened is through serendipity,” he added.

Nepal, India ready to amend trade treaty

Kathmandu, Oct 22: Nepal’s Commerce Secretary Purushottam Ojha has said that both Nepal and India have agreed to amend the bilateral trade treaty within three months.

Talking to media after the meeting in Delhi on Tuesday, Ojha said the parties had agreed on the clauses to be amended in the existing bilateral trade treaty.

He further said the meeting to work out the amendments would be held in Kathmandu. The treaty has been renewed twice since it was signed in 1996.

The two countries have been discussing the amendments for the last two years.

Chinese envoy cuts short Taiwan trip after being assaulted

Chinese envoy cuts short Taiwan trip after being assaulted Taipei - A senior Chinese official cut short his Taiwan visit and returned to China Wednesday, after he was shoved to the ground by pro-independence activists during a visit to a temple the previous day.

"I feel bad that police have to deploy so much manpower to protect my safety and I don't think I should cause them so much trouble, but the public will tell right from wrong," said Zhang Mingqing, vice chairman of the Association for Relations Across the Taiwan Straits (ARATS), at the airport.