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| Big powers, Iran meet in Baghdad to ease nuclear standoff |
 BAGHDAD (Reuters) - World powers held talks with Iran on Wednesday to test its readiness under pressure of sanctions to scale back its disputed nuclear program, seeking to defuse a decade-old standoff and avert the threat of a Middle East war. The stakes could hardly be higher: global oil markets are edgy over sanctions on Iran's vital crude exports and the possibility of Israeli strikes against its defiant arch-enemy, which has threatened reprisals if it comes under attack. ...
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| Russia says Iran ready to discuss nuclear gestures |
MOSCOW (Reuters) - Russia said on Wednesday Iran appears ready to agree specific steps to end a standoff over its nuclear program but warned that additional U.S. sanctions would undermine efforts to ensure Tehran does not develop atomic weapons. Speaking in Moscow as a meeting between Iran and six global powers began in Baghdad [ID:nL5E8GN43L], Foreign Minister Sergei Lavrov said expert-level talks had indicated Tehran, often accused by Western states of playing for time, was now prepared for serious negotiations. ...
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| BAE secures $2.5 billion Saudi jet deal |
LONDON/DUBAI (Reuters) - BAE Systems has signed a 1.6 billion pound ($2.5 billion) deal to supply Saudi Arabia with Hawk jets to train pilots to fly the Eurofighter Typhoon which it has already ordered from UK company. The deal provides some welcome relief for the British defense giant, which is battling against shrinking European and American defense budgets and fierce competition. ...
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Britain's leaders are discussing how to respond to any military confrontation between Israel and Iran, including the possible involvement of its navy, the BBC reported Wednesday.
World powers sought Wednesday to pave the way to ending the decade-old and escalating Iran nuclear crisis by laying out a new package of proposals they said would be "of interest" to Tehran.
Regime forces launched a fierce assault on the rebel bastion of Rastan in central Syria on Wednesday, raining shells on the town before launching a ground attack, monitors and activists said.