Iran adhering to nuclear deal: UN
DUBAI • Iran has shown commitment to the deal on its nuclear programme agreed with world powers, the head of the United Nations atomic energy watchdog said yesterday, following complaints by Teheran over what it calls a US violation of the accord.
The White House said last Thursday that a Bill extending US sanctions against Iran for 10 years would become law without President Barack Obama's signature, adding that this would not affect overall implementation of the nuclear agreement.
"We are satisfied with the implementation of the (agreement) and hope that this process will continue," International Atomic Energy Agency director- general Yukiya Amano was quoted as saying by the IRNA news agency.
Venezuela suspends axing of banknote
CARACAS • Venezuelan President Nicolas Maduro has suspended the elimination of the country's largest denomination bill, which sparked cash shortages and nationwide unrest, saying the measure would be postponed until Jan 2.
The surprise pulling of the 100-bolivar note from circulation this week - before new larger bills were available - led to vast lines at banks, looting at scores of shops, anti-government protests and at least one death.
The 100-bolivar bill is worth just 4 US cents (6 Singapore cents) at the black-market currency rate.
Big Ben closes doors ahead of revamp
LONDON • The doors to Britain's most famous clock tower, London's Big Ben, have been closed to the public in preparation for a facelift costing over US$40 million (S$58 million).
The project, which will begin early next year, will see major work on the clock's mechanism, hands and pendulum.
The whole restoration project will take three years to complete.
As part of the work, the famous bells will stay silent for a number of months, but no date for this part of the project has yet been announced.