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Kerry welcomes IAEA decision to close nuclear arms probe of Iran

MOSCOW/WASHINGTON, Dec 15 (Reuters) - U.S. Secretary of State John Kerry on Tuesday welcomed the U.N. nuclear watchdog's decision to close its investigation into whether Iran once had a secret nuclear weapons program.

Oil Export Plan, Clean Energy Tax Credits Trade-Off Under Negotiation for US Spending Bill

A dispute over ending the 40-year-old U.S. crude oil export ban is the last remaining obstacle to agreement on a spending bill to avoid a government shutdown, Senate Democratic leader Harry Reid said Tuesday.

Brazil speaker Cunha says he will not resign after police raids

BRASILIA, Dec 15 (Reuters) - The speaker of the lower house of Brazil's Congresss, Eduardo Cunha, said on Tuesday that he did not intend to step down and was "absolutely innocent" following police raids on his homes as part of the Petrobras corruption investigation.

UPDATE 2-Democrats say oil dispute holding up U.S. funding bill

WASHINGTON, Dec 15 (Reuters) - Talks among congressional leaders on a $1.15 trillion bill to keep the U.S.

Iran working at high speed on nuclear curbs, IAEA chief says

VIENNA, Dec 15 (Reuters) - The chief of the U.N. nuclear regulatory agency said on Tuesday he understood Iran is working "at quite high speed" on implementing restrictions on its nuclear activities called for by an agreement with major powers that would lead to a lifting of sanctions.

UPDATE 1-Russia sees balanced oil market by end-2016 with steady output

* Russia refused to cooperate with OPEC in the past (Adds quotes, details, background)

UPDATE 1-Bank of Canada: housing vulnerabilities have edged higher

OTTAWA, Dec 15 (Reuters) - Vulnerabilities in Canada's housing sector have edged higher since June, but capital reforms and last week's government measures to cool the sector mean the financial system is better able to handle any troubles that may arise, the Bank of Canada said on Tuesday.

Diesel tankers make U-turn in mid-Atlantic as Europe stocks swell

LONDON, Dec 15 (Reuters) - Tankers laden with diesel heading from the U.S.

Japan Bank Provides Loan for Icelandic Geothermal Power Plant

The Japan Bank for International Cooperation, known as JBIC, will provide an export loan of as much as $34 million for a 90-megawatt geothermal power project by Landsvirkjun in Iceland.

UPDATE 1-Brazil Speaker Cunha to be probed by ethics committee

BRASILIA, Dec 15 (Reuters) - Brazil's lower house of Congress will investigate Speaker Eduardo Cunha for lying about Swiss bank accounts, its ethics committee decided on Tuesday, dealing the second blow of the day to the man who launched impeachment proceedings against President Dilma Rousseff.

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