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LONDON ? Britain's foreign secretary said Sunday that European nations will intensify pressure on Iran over its nuclear program, but insisted the West wasn't pressing for military action.
William Hague told Sky News television that he believed the European Union would agree tough new sanctions against Tehran's oil sector later this month, and would continue to look for peaceful methods of persuading Iran to ditch its pursuit of a nuclear weapon.
Iran insists its nuclear program is intended solely for peaceful purposes, but the West and others accuse it of attempting to build a bomb. Britain's defense secretary Philip Hammond said earlier this month that Tehran was working "flat out" on its weapons program.
"We have never ruled anything out. We have not ruled out any option, or supporting any option. We believe all options should be on the table, that is part of the pressure on Iran, but we are clearly not calling for or advocating military action," Hague said.
"We are advocating meaningful negotiations, if Iran will enter into them, and the increasing pressure of sanctions to try to get some flexibility from Iran," he said.
European officials have worked for several months on banning the purchase of Iranian oil, and are expected to agree to the measures at a meeting of foreign ministers on Jan. 23.
German Foreign Minister Guido Westerwelle said the new sanctions would help to choke off funding to Iran's nuclear program.
"Even just the option of nuclear armament by Iran would have far-reaching negative consequences far beyond the Gulf region, so it is not acceptable," German Foreign Minister Guido Westerwelle was quoted as saying in a weekend interview with the Rheinische Post newspaper.
"So, with new sanctions that we want to approve this month, we are now targeting the heart of the Iranian nuclear program: its oil and, with that, its sources of financing," he added. "But the door to dialogue with Iran remains open at the same time."
Westerwelle also dismissed discussion of possible military action if Iran continue to defy international demands to halt its weapons work. "We should not further charge an already tense situation in a turbulent region," he was quoted as saying.
French Foreign Minister Alain Juppe has said new European sanctions could also target its Central Bank.
"I am confident we will adopt very significant additional measures .... covering the oil sector and possibly other sectors as well," Hague said.
Britain has already downgraded ties with Iran following a major attack on its embassy in Tehran in November, which it insists was sanctioned by the country's ruling elite. In response, Britain pulled all of its diplomats out of Iran and expelled Iranian diplomats from U.K. soil.
___
Associated Press writer Geir Moulson in Berlin contributed to this report
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GUATEMALA CITY ? Investigators say gunmen have killed a congressman who was negotiating a switch to the law-and-order party of Guatemala's president-elect.
Oscar Valentin Leal Caal was gunned down along with his brother outside the headquarters of his current Democratic Freedom Revival party early Friday. Retired general Otto Perez Molina is being sworn in as president on Saturday and he tells the Prensa Libre newspaper that Leal had been receiving death threats for discussions about joining Perez' conservative Patriotic Party.
Perez has pledged to crack down on organized crime and Mexican drug cartels.
Chief investigator Fernando Gomez says the killers had abandoned their car near the scene of the shooting, which also wounded Leal's bodyguard.
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'Dateline NBC,' the signature broadcast for NBC News in primetime, premiered in 1992. Since then, it has been pioneering a new approach to primetime news programming. The multi-night franchise, supplemented by frequent specials, allows NBC to consistently and comprehensively present the highest-quality reporting, investigative features, breaking news coverage and newsmaker profiles.
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?Climate change is changing the financial landscape of Australian insurance companies?
Insurance Industry?s Profit Margin to be Hit by Natural Catastrophes
Vittorio HernandezClimate change is changing the financial landscape of Australian insurance companies. The Insurance Australia Group (IAG), whose profit margin is expected to be hit anew by natural catastrophes, warned that the changing and less-predictable climate has the potential to reduce insurers? capacity to calculate, price and spread the weather-related risk.
IAG warned shareholders on Tuesday of a possible earnings downgrade due to claims related to the Christmas Day hailstorm in Melbourne. The claims were higher than expected, Australia?s biggest insurer of homes and cars said.
For the Melbourne hailstorm, IAG received 24,000 claims which would boost natural peril costs for the last six months of 2011 from A$400 to A$420 million. The amount would be higher than the Sydney-based firm?s A$266 million allowance or a 58 per cent overrun.
The same catastrophe would cost Suncorp A$200 million to A$250 million to cover 28,000 claims the insurer received. The amount is 75 per cent above Suncorp?s allowance.
For 2012, IAG is forecasting payments of up to $720 million for catastrophic reinsurance as the insurer braces for more natural disasters such as floods, cyclones and bushfires. It hinted that premiums may go up this year, averaging between 5 and 10 per cent. (IBT)
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The first nonsudden death overtime game in NFL history quickly became Tebow time. ?On the first play from scrimmage Denver quarterback Tim Tebow threw a pass across the middle to Demaryius Thomas for an 80-yard touchdown to seal the Broncos victory over the Steelers 29-23.
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