News Headlines - 03 January 2016

Saudi Arabia cuts diplomatic ties with Iran after execution of cleric Sheikh Nimr al-Nimr | The Independent

The breakdown in relations is the culmination of a conflict caused by Saudi Arabia's execution of Sheikh Nimr al-Nimr, an Shia cleric and prominent critic of the Saudi Arabian government, and the storming of the Saudi embassy in Iran that resulted.

Oil Rises in Asia Due to Iran-Saudi Arabia Tensions - WSJ

Oil prices jumped more than 3% in early Asia trade Monday after a weekend of escalating political tension between Saudi Arabia and Iran stoked fears of a possible disruption to crude supplies.

Factbox: Troubled history of Iran-Saudi relations | Reuters

Here are some details on the ups and downs of relations over the last 20 years:

Catalonia faces new election as leftist CUP rejects Mas - BBC News

Spain's Catalonia region faces fresh elections after a small anti-capitalist party, the CUP, refused to support the pro-independence leader Artur Mas.

ISIS' execution video of five 'British spies' stars young boy from UK | Daily Mail Online

A young boy with a British accent has threatened the UK with new atrocities in a depraved ISIS execution video in which five spies are killed.
Dressed in military fatigues and a black bandanna bearing the white mark of ISIS, he pointed to the distance and declared: 'We will kill kuffar [non believers] over there.'