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Nigeria elects Muslim president

Former military dictator Muhammadu Buhari defeated incumbent Goodluck Jonathan in Nigeria’s presidential poll by 2.57 million votes, the country’s electoral commission announced on Wednesday, ending Jonathan’s rule of Africa’s most populous nation.

Three decades after seizing power in a military … Read the rest

Oil sinks on hopes of Iran deal

Oil prices edged lower on Tuesday on high hopes for a deal on Iran’s nuclear program and increased Iranian crude-oil exports.

Light, sweet crude for May delivery settled down 0.48% at $47.37 a barrel on the New York Mercantile Exchange.… Read the rest

Russia charts new course for BRICS

Grand plans have been outlined for the BRICS emerging market nations as Russia begins its presidency of the group on Wednesday.

Transforming the BRICS assembly of Brazil, Russia, India, China and South Africa into “a full-scale mechanism of strategic interaction … Read the rest

France, US at odds over Iran

As a March 31 deadline looms in the negotiations over Iran’s nuclear program, the United States and France, two strong allies, have found themselves increasingly at odds, at times quite publicly.

While the White House has been pushing hard for … Read the rest