China is for the first time hosting talks on Iran's nuclear programs. China wants to show it is a responsible power while balancing its need for oil from Iran.

Major powers meeting in China to discuss the Iran nuclear issue, ended their latest round of talks without agreement on a new proposal aimed at re-starting stalled talks with Tehran.

The Chinese government says it hopes the Iranian nuclear issue can be resolved through peaceful dialogue.

Chinese Foreign Minister Yang Jiechi and his German counterpart Frank-Walter Steinmeier are scheduled to meet in Berlin Tuesday, Chinese diplomats said in Berlin Monday.

Iran's chief nuclear negotiator says he will hold talks with the European Union foreign policy chief on November 30 over the country's atomic work, which the West fears is a cover to build an atomic bomb.

Israel favors the introduction of new economic sanctions against Iran by the UN Security Council, the Israeli ambassador to Russia said on Thursday.

China has urged Iran to heed rising international concerns about its nuclear ambitions. A Chinese Foreign Ministry spokesman Liu Jianchao Thursday, said Beijing hopes all relevant parties can peacefully settle the issue through "dialogue and consultation."

A senior Israeli intelligence official says that if Iran’s nuclear ambitions aren't curbed it will have nuclear arms in two years.

The United States is expressing disappointment over what officials said was a lack of urgency shown by China and Russia in big-power talks on new sanctions against Iran over it nuclear program. Senior diplomats of the five veto-wielding U.N. Security Council member countries and Germany, the P5+1, discussed the issue Friday in London.

Deputy foreign ministers of six world powers will meet in London on Friday to discuss a possible third round of sanctions against Iran over its refusal to abandon uranium enrichment.

Barack Obama prefers mild measures to sanctions – he said that if elected a president, he would not start the war, but would personally negotiate with Iran, offering economic incentives and a chance for peaceful relations if Iranian leaders would forego pursuit of nuclear weapons and support of terrorists.

Hardline President Mahmoud Ahmadinejad on Thursday warned European countries not to follow the U.S. lead in imposing unilateral sanctions against his country, state radio reported.