Vienna

Still no breakthrough in talks on nuclear trade waiver for India

Vienna - Nuclear-exporting countries met Friday for another day of talks in Vienna on allowing nuclear trade with India, after late-night negotiations ended without results.

The United States is pushing for the Nuclear Suppliers Group (NSG), which sets international nuclear export control rules, to make an exemption for India.

The country cannot currently access global markets for its growing nuclear power sectors, as it has not signed the Nuclear Non- Proliferation Treaty.

A consensus among the 45 NSG members hinges on six countries who insist the trade waiver should spell out consequences in case India tests a nuclear bomb.

US agrees to changes in nuclear trade waiver for India

US agrees to changes in nuclear trade waiver for IndiaVienna  - The United States has pledged to change its proposal seeking to exempt India from international export control rules in a bid to reach a consensus on lifting a nuclear trade embargo against the Asian nation, sources close to the Nuclear Suppliers Group (NSG) said Thursday.

Sources close to the NSG, which sets international nuclear export control standards, said several members were still critical of US drafts for a trade exemption but expected a decision on Friday.

OPEC crude price hardly gains ground after big drop

OPEC crude price hardly gains ground after big drop Vienna -

NSG meets again on Sep. 4 amid continued scepticism over India-waiver

Nuclear Suppliers Group & IndiaNew Delhi, Sep 3 : Amid continued reservations of some member countries over granting waiver to India, the Nuclear Suppliers Group (NSG) will hold a crucial two-day meeting in Vienna from Thursday to consider the initiative.

The NSG will consider a draft which is being presented before the 45-nation grouping after amendments following demands by at least 15 countries during the 21st-22nd August meeting.

Countries like New Zealand and Austria, which are still not satisfied with the revised draft, are expected to voice their concerns over non-proliferation issues.

Van Gogh's graphic skills highlighted at Vienna exhibition

VIENNAVienna - Vienna's Albertina museum Wednesday opened an exhibition of 140 works by Vincent van Gogh that seeks to highlight the Dutch artist's skill as a draughtsman.

Visitors will be able to see 51 paintings as well as 89 watercolours and drawings in what the museum says is the biggest special display of the Dutch painter's works since an exhibition in Amsterdam in 1990.

According to experts, it is hard to make a distinction between the paintings and drawings of the artist, who initially wanted to become a draughtsman and illustrator.

OPEC crude price falls to lowest level in five months

OPEC crude price falls to lowest level in five monthsVienna - The price for crude oil produced by the Organization of the Petroleum Exporting Countries (OPEC) has plunged to its lowest level since early April, according to OPEC data released on Wednesday.

One barrel (159 litres) of OPEC-produced crude stood at 103.40 dollars Tuesday, 6.62 dollars less than 110.02 dollars on the previous day.

Markets were affected by the fact that Hurricane Gustav had mostly spared oil facilities, as well as by the stronger US dollar against the euro, Vienna-based energy analysts JBC said.

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