Bloomberg The tap in her apartment yields water only every two weeks. It comes out yellow. Her 8-month-old granddaughter is ill. And as Yajaira Espinoza, a 55-year-old hairdresser, made her way down the halls of Caracas university hospital on Friday, Zika cases evident in the rooms around her, a dense ash-filled smog enveloped the city. “I am so sorry ...
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PepsiCo registers record profits as snack sales up
Bloomberg PepsiCo Inc. posted first-quarter profit that beat analysts’ estimates after North American snack sales rose, helped by price increases. Earnings were 89 cents a share, excluding some items, the Purchase, New York-based company said in a statement on Monday. Analysts estimated 81 cents, according to data compiled by Bloomberg. Sales fell 2.9 percent to $11.9 billion, matching analysts’ ...
Read More »Rousseff hangs by thread after losing impeachment vote
Bloomberg Dilma Rousseff’s presidency is hanging by a thread after Brazil’s lower house of Congress voted in favor of her impeachment, a decision that’s likely to cheer investors just as it threatens to bring down the curtain on 13 years of leftist rule. The opposition garnered 367 votes, 25 more than the two-thirds majority it needed to send the ...
Read More »US presidential hopes wage final campaign in New York
NEW YORK / AFP US presidential hopefuls launched a final campaign swing through New York on Monday on the eve of the state’s most decisive primary in decades as Hillary Clinton and Donald Trump lead the polls and their rivals fight to catch up. Registered Democrats and Republicans go to the polls in the country’s fourth most populous state ...
Read More »Russian security chief urges crackdown on ‘US influence’
Moscow / AP The powerful chief of Russia’s equivalent to the FBI on Monday called for sweeping new rights restrictions, including curbing Internet freedoms and making it illegal to question Moscow’s annexation of Crimea from Ukraine. The head of Russia’s Investigative Committee Alexander Bastrykin backed a radical crackdown citing the need to counteract the “destructive” influence of the United ...
Read More »Libya unity govt set for key vote
Tripoli / AFP Libya’s parliament was set on Monday for a crucial confidence vote on a new unity government, as Britain’s Philip Hammond became the latest top diplomat to land in Tripoli in support of the UN-backed administration. Hammond flew into Tripoli on a surprise trip, hot on the heels of visits last week by the foreign ministers of ...
Read More »US forces deliver aid to Japanese quake-hit areas
MINAMIASO / AP US airlifts were delivering water, bread, ready-to-eat food and other emergency supplies on Monday to a remote area of southern Japan stricken by two powerful earthquakes, as local rescuers searched for 10 people still reported missing. Authorities said at least 42 people died and more than 1,000 were injured in the quakes on Thursday and early ...
Read More »China lands first military plane on disputed reef
Beijing / AFP Beijing landed a military plane on a disputed South China Sea reef it has built up into an artificial island, officials said on Monday, in the first confirmation of such a flight. An air force plane landed on Fiery Cross reef in the Spratlys archipelago on Sunday to evacuate sick workers, a news report posted online ...
Read More »Obama is right to urge Britons to stay in EU
This week, U.S. President Barack Obama will dive into a nest of vipers as venomous as anything Republicans can offer: Britain’s debate over whether to leave the European Union. As far as campaigners for “Brexit†are concerned, he is a most unwelcome guest. Yet Obama is right to speak up. The U.S. has an interest in Britain remaining in the ...
Read More »Innovation, research key to economic growth
Repeated calls of International Monetary Fund (IMF) for all countries to support research and development (R&D) to promote innovation that could help avert slowing growth in the global economy, are essential and badly needed if the world wants to avoid the current economic downturn. While urging for structural reforms, Fund’s operational efforts should be geared towards countries’ shared priorities. ...
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