News That Matters

Tag: commitment

Britain's May, France's Macron shore up defense commitment

Britain's May, France's Macron shore up defense commitment

Business
Jan. 19 (UPI) -- A summit meeting between British Prime Minister Theresa May and French President Emanuel Macron yielded a commitment to enhanced defense cooperation, the British government announced.After the meeting on Thursday at Royal Military Academy Sandhurst, Britain's military college, a British government statement said France will increase its support for the Forward Presence battle group in Estonia. The group, a NATO initiative led by Britain, was organized in 2016 to deter potential Russian aggression against vulnerable NATO countries on the Russian border.Britain will also deploy helicopters to Mali to provide logistical support for French troops operating a counterterrorism mission.May and Macron agreed to the creation of a two-country defense council in which the French and ...
Iraq, Saudi Arabia express full commitment to OPEC balancing act

Iraq, Saudi Arabia express full commitment to OPEC balancing act

Business
Aug. 10 (UPI) -- Oil production from Iraq and Saudi Arabia will remain subdued until the markets reach a target level that indicates a balanced market, leaders said.Saudi Prince Mohammed bin Salman bin Abdulaziz al-Saud hosted Iraqi Oil Minister Jabbar al-Luabi to discuss recent trades in shared oil policy.Saudi Arabia is the largest oil producer in the Organization of Petroleum Exporting Countries and Iraq is second. In terms of contribution to the OPEC-led effort to balance a market that's oversupplied by historic standards, Saudi is said to be cutting the most, while Iraq has been considered among the least compliant.According to the official Saudi Press Agency, both sides touched on coordination with the multilateral agreement "and the confirmation of the two countries full commitment ...