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Largest natural gas reserve discovered in Israel worth approximately $95 billion

Largest natural gas reserve discovered in IsraelThe largest reserve of natural gas, over 16 trillion cubic feet, has been discovered off the coast of Israel, and is estimated to be worth more than $95 billion, U.S. company Noble Energy Inc. announced on Wednesday.

Noble Energy owns 39.66% of the prospective discovery, alongside Israeli partners Delek Group Ltd. units Avner Oil and Gas LP and Delek Drilling LP (22.67% each), and Ratio Oil Exploration (1992) LP with 15%.

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Israel won't attend racism conference fete

Israel says it won't participate in the 10th anniversary commemoration of a U.N. conference on racism that singled out Israel for criticism and likened Zionism to racism.

Israeli Foreign Ministry spokesman Yigal Palmor said the conference had "anti-Semitic undertones and displays of hatred for Israel and the Jewish world."

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Cuban medics in Haiti put the world to shame

Home > Life & Style > Health & Families > Health News Cuban medics in Haiti put the world to shameThey are the real heroes of the Haitian earthquake disaster, the human catastrophe on America's doorstep which Barack Obama pledged a monumental US humanitarian mission to alleviate. Except these heroes are from America's arch-enemy Cuba, whose doctors and nurses have put US efforts to shame.

A medical brigade of 1,200 Cubans is operating all over earthquake-torn and cholera-infected Haiti, as part of Fidel Castro's international medical mission which has won the socialist state many friends, but little international recognition.

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Report: Incoming Mossad chief to apologize for use of U.K. passports in Dubai hit

Incoming Mossad chief to apologize for use of U.K. passports in Dubai hitTamir Pardo, the incoming chief of the Mossad intelligence service, will apologize to British officials for the use of forged United Kingdom passports in the assassination last January of Hamas operative Mahmoud al-Mabhouh in Dubai, the British Daily Telegraph reported on Saturday.

The Telegraph report, which cited Mossad sources, also said that Pardo would promise that Israeli agents will never again use fake British documents in overseas operations.

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Nigeria Drops Bribery Charges Against Cheney

Nigeria drops chages against CheneyThe Nigerian authorities have dropped criminal bribery charges against Halliburton and Dick Cheney, the former vice president, following the oil services giant’s agreement to a $35 million settlement, the company said in statement this week. Nigerian officials said last week that the settlement would amount to $250 million.

Mr. Cheney was chief executive of Halliburton from 1995 to 2000. The Nigerian charges, filed in early December, were just the latest fallout from a $180 million bribery scheme that Kellogg Brown & Root, a former Halliburton subsidiary, has admitted carrying out with three other companies in a joint venture to develop a liquid natural gas facility in the Niger Delta.

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Report: Bolivia follows neighboring countries in recognition of Palestinian state

Evo Morales announces recognition of Palestinian state

Bolivia joined Brazil, Argentina and Uruguay by announcing it recognized Palestine as a sovereign state within the 1967 borders, Palestinian news agency Ma'an reported Friday.

Bolivian President Evo Morales made the announcement during the South American trade block Mercosur's summit which took place in Brazil. Morales was quoted as saying that Bolivia recognized the state of Palestine on the 1967 borders with Israel.

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Israel shoots down 'balloon' near nuclear site

Israel's nuclear facility in DimonaIsrael says one of its fighter planes has shot down what appeared to be an unmanned balloon which had flown over a top-secret nuclear facility.

A military spokeswoman said an investigation had been launched into the incident. Israel has designated airspace above the Dimona site in the southern Negev desert a no-fly zone.

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