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Indonesia has said it will quit the oil producers’ body Opec as it is no longer a net exporter of the commodity.
Energy minister Purnomo Yusgiantoro confirmed the move, which had been anticipated for some time.
Opec’s sole member in South East Asia, Indonesia became a net importer of oil in recent times after production fell and [...]

Fuel protests triggered by rising oil prices have spread to more countries across Europe, with thousands of fishermen on strike.
Union leaders said Portugal’s entire coastal fleet stayed in port on Friday, while in Spain, 7,000 fishermen held protests at the agriculture ministry.
French fishermen have been protesting for weeks, with Belgian and Italian colleagues also involved.
UK [...]

President George W Bush has used a US drug trafficking law to impose financial sanctions on separatist Kurdish rebels in Turkey.
The sanctions deny the PKK access to the US financial system and block any transactions involving American companies and individuals.
Sanctions were also announced against the ‘Ndrangheta mafia from Italy and a Mexican drug-lord and his [...]

Samak Sundaravej, the prime minister of Thailand, has said he will crack down on mounting anti-government protests.
“I will not yield to you,” Samak told demonstrators in a speech on national television on Saturday.
“You have broken the law. I have a duty to deal with you,” he said, adding police and soldiers were prepared to end [...]

YANGON (Reuters) - Myanmar must stop forcing cyclone survivors to return to their shattered homes where they face more misery or even death, rights groups said on Saturday, as a U.S. official accused the junta of being “deaf and dumb” to foreign aid pleas.
The former Burma’s junta started evicting destitute families from government-run cyclone relief [...]

YOUXIAN, China (Reuters) - China has evacuated over 197,000 people from an area that risks flooding by landslide- blocked rivers near the epicenter of this month’s earthquake in Sichuan province, Xinhua news agency said on Saturday.
Shouting “evacuate! evacuate!”, police with loudspeakers fanned through Youxian on the outskirts of Mianyang city, which was devastated by the [...]

Fuel protests triggered by rising oil prices have spread to more countries across Europe, with thousands of fishermen on strike.
In Spain, Europe’s largest fish producer, the action is expected to bring the industry to a halt, as thousands demonstrate in Madrid.
French fishermen have been protesting for weeks, and Portuguese, Belgian and Italian colleagues are also [...]

A senior minister has resigned from Thailand’s government under pressure from the military amid a growing political crisis that has fuelled rumours of a possible coup.
Jakrapob Penkair, a minister attached to the prime minister’s office, was accused of making comments insulting to Thailand’s much-revered king.
He announced his resignation just hours ahead of a planned anti-government [...]

YOKOHAMA — Prime Minister Yasuo Fukuda pledged Thursday $50 million in additional aid for Africa to deal with soaring food prices and the World Bank and three U.N. food-related organizations renewed their commitment to address food shortages and high food prices on the continent.
On the second day of the three-day Tokyo International Conference on African [...]

NEW YORK (Reuters) - U.S. jeweler Tiffany & Co (TIF.N: Quote, Profile, Research) reported a higher quarterly profit on Friday, boosted by strong sales in international markets, which pushed modest domestic sales to the backseat.
The net profit came to $64.4 million or 50 cents a share, in the quarter that ended Apr. 30, compared to [...]