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Signs of the Times for Tue, 11 Jul 2006
July 10, 2006
UNITED NATIONS (AP) - Supporters of a resolution that would impose limited sanctions on North Korea agreed to delay a vote in the hope that China can pressure Pyongyang to return to six-party talks on its nuclear program and halt missile tests, U.S. Ambassador John Bolton said Monday.

Ambassadors from the five veto-wielding nations on the Security Council - who are divided over sanctions - met with Japan, which sponsored the resolution, as a Chinese delegation arrived in North Korea pledging friendship and deeper ties.

Bolton told reporters after the meeting that the resolution's supporters - including the U.S., Britain, France and other European council members - decided not to press for a vote Monday "while the diplomacy in Pyongyang proceeds."

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July 10, 2006
Beijing - China will complete construction of four strategic oil reserve facilities this year, boosting its storage capacity by up to 12 million tons, state media reported Monday. Ma Kai, minister of the National Development and Reform Commission and director of the National Energy Office, said four petroleum bases with a total storage capacity of between 10 and 12 million tons will be completed this year, Xinhua news agency reported.

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Tuesday July 11, 2006
TOKYO - North Korea could be preparing for new launches of mid-range missiles following last week's tests, with activity detected at its bases, a report has said citing Japanese government sources.

US and Japanese satellite photos show that mid-range Rodong missiles had been set up on launch pads at a base in southeastern North Korea, but were later removed, the Yomiuri Shimbun newspaper reported.

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July 11, 2006
DHAKA - At least 22 people have been killed and 30 injured when a train rammed into a packed bus as it crossed a railway line in northwestern Bangladesh.

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by Cindy Sui
July 11, 2006
BEIJING - China has repeated its rejection of a proposed UN resolution on possible sanctions against North Korea, dashing US and Japanese hopes for quick action over Pyongyang's missile tests.

A foreign ministry announcement that the draft Security Council resolution was an "overreaction" came amid another flurry of shuttle diplomacy to address the crisis in the wake of last Wednesday's missile launches.

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Tuesday 11 July 2006, 17:38 Makka Time, 14:38 GMT
Dozens of people are feared dead after seven explosions destroyed trains on the railway system in Mumbai, India's financial centre.

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