Tuesday 31 May 2016

Over 2,000 boat migrants rescued off Italy, 45 dead

At least 45 migrants died in a shipwreck and more than 2,000 were rescued from boats in the Mediterranean on Friday, the coastguard said, as the number of immigrants coming to Europe via Italy soared again. Around 14,000 people were taken off often flimsy vessels over the whole w


IMF expands Mexico credit line to $88bn

The International Monetary Fund on Friday boosted its flexible credit line with Mexico to $88 billion in a bid to support Latin America's No. 2 economy, whose currency has been battered by global volatility. The fund said it canceled a previous flexible credit line, which was


Nearly 1,000 killed in attacks on health workers in 2014-15

Nearly 1,000 people were killed in attacks on health centres worldwide over the past two years, almost 40 per cent of them in Syria, the World Health Organisation (WHO) said on Thursday in its first report on the issue. The United Nations agency documented 594 attacks resulting i


G7 voices concern over emerging markets

Group of Seven leaders voiced concern on Thursday about emerging economies, a senior Japanese official said, as their host, Japanese Prime Minister Shinzo Abe made a pointed comparison to the global financial crisis. "G7 leaders voiced the view that emerging economies are in


Gold drops to 7-week low on Fed rate hike prospects

Gold fell to a seven-week low on Wednesday after upbeat US home sales data in the previous session boosted expectations that the Federal Reserve will press ahead with interest rate hikes in the near term. The metal has fallen more than 4 percent since Fed meeting minutes last Wed


Coke production halted in Venezuela for lack of sugar

The Venezuelan bottler of Coca-Cola has halted production of the sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said. Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food


Bombs kill 140 in Syrian govt-held cities

Bomb blasts killed scores of people in Jableh and Tartous on Syria's Mediterranean coast on Monday and wounded many others in the government-controlled territory that hosts Russian military bases, monitors and state media said. Islamic State claimed responsibility for the att

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