Turkey insists on right to drill for energy reserves off Cyprus

Dispute likely to escalate after Nicosia said it would seek to arrest anyone caught drilling Tensions over energy resources in the eastern Mediterranean have risen sharply after Turkey said it would exercise its sovereign rights to drill off Cyprus in flagrant defiance of warnings from western allies. As the dispute over the race to tap underwater spoils is becoming ever more intense. Israel, Egypt and Lebanon, which have also discovered hydrocarbons off their coasts, have all signed delimitation agreements with Cyprus. In recent years, international oil companies, including ExxonMobil, Total and Eni, have acquired search rights in licensed blocks off the island. Three months ago the US energy company announced it had found one of the biggest deposits of natural …

AFL-CIO tweets then deletes meme with guillotine and reference to Delta CEO

New York (CNN Business)The AFL-CIO, a federation of labor unions, posted and then deleted a tweet Thursday night that featured a picture of a guillotine and a suggestive reference to Delta CEO Ed Bastian. Carolyn Bobb, a spokeswoman for the AFL-CIO, said the organization did not create the image, but rather found it on the internet and tweeted it. “We strive to keep our Twitter account actively engaging and real to advocate for working people,” she said. “We came across and shared this Internet meme. We realize it was in poor taste that doesn’t reflect the values of the AFL-CIO and it has been taken down.” The tweet was up for a couple of hours before being deleted. The meme …