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China says opposed to US sanctions against Iran

BEIJING, Oct 26 (Reuters) China indicated today it opposed the latest U.S. economic sanctions on Iran, warning that what it called rash steps could ''complicate'' the nuclear standoff with Tehran.

Washington announced the new sanctions yesterday, accusing Tehran's Revolutionary Guard of spreading weapons of mass destruction. Now Beijing has joined Moscow in voicing opposition to the move.

''China has always been opposed to imposing sanctions too rashly in international relations,'' Foreign Ministry spokesman Liu Jianchao said in a short statement published on the ministry's Web site (www.fmprc.gov.cn). ''It can only make the situation more complicated,'' he said.

Beijing's comments came after Russian President Vladimir Putin said such moves only forced Tehran into a corner over its nuclear programme, and added to international worries that the White House had begun a march to war.

Accusing Iran's Qods force, a special Revolutionary Guard unit, of supporting terrorism, Washington slapped sanctions on more than 20 Iranian companies, banks and individuals as well as the Defence Ministry, hoping to increase pressure on Tehran to stop uranium enrichment and curb its ''terrorist'' activities.

The moves were controversial in Washington as well as abroad.

Talk of US military action against Iran has intensified in recent months, particularly from some conservatives who would like to see President George W Bush act against Tehran before he leaves office in January 2009.

REUTERS SS KP1838

Musharraf violating UN resolution : Bhim Singh

Srinagar, Oct 26: Coming down strongly on Pakistan President Pervez Musharraf for declaring Gigit Baltistan region as a part of Pakistan, Jammu and Kashmir National Panthers Party (JKNNP) chief Bhim Singh has said that it is a complete violation of the 1948 United Nations (UN) resolution. Singh expressed apprehensions that the declaration would threaten the peace prospects in South Asia. “Converting the Gilgit council in to a Legislative Assembly and proclaiming the city to be popular city of Pakistan is unacceptable and.....

Groundnutseed, sunflower ref, castor, palm oils rise

Mumbai, Oct 26 (UNI) Prices of groudnut seed, sunflower refined, castor commercial oils along with castorseed ruled better on reduced offers from stockists induced by lesser arrival of stocks from producing centres, traders at the Bombay Commodity Exchange (BCE) said today. Following are the spot rates of oilseeds (all figures in Rupees) as provided by the BCE here: Oilseeds pear quintal Oils per 10 kg De-oiled cakes per MT Grd' kernel 3,250, Grd' Bold 60/70 3,700, G Nut Raw 650,.....

Over 24 lakh tonne paddy arrives in Haryana mandis

Chandigarh, Oct 26 (UNI) Over 24.88 lakh tonnes of paddy has arrived in the mandis of Haryana of which 14.80 lakh metric tonnes have been procured by six government agencies. Haryana Deputy Chief Minister Chander Mohan today said HAFED had procured 6.10 lakh MTs of paddy, Food and Supplies Department 4.72 lakh MTs, Agro Industries Corporation 1.88 lakh MTs, Confed 1.54 lakh MTs, Haryana Warehousing Corporation 49,476 MTs and Food Corporation of India 4981 MTs. The Deputy Chief Minister said.....
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