Reuters A United Nations body has cut its modest economic growth projection for Latin America in 2016 and is now forecasting an average contraction in regional gross domestic product of 0.6 percent. The Santiago-based Economic Commission for Latin American and the Caribbean, citing low commodities prices and financial market volatility, cut its prior call for 0.2 percent average economic growth ...
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California to expand paid family leave for new parents
Reuters California will increase the amount of money new parents can receive through the state’s paid family leave program under a bill to be signed on Monday by Democratic Governor Jerry Brown. The measure, passed last month by the state legislature, would increase the amount paid to new parents or people caring for a sick family member to as much ...
Read More »Puerto Rico declares emergency period for development bank
Bloomberg Puerto Rico Governor Alejandro Garcia Padilla signed an executive order declaring an emergency period for its Government Development Bank to help keep it operating, while declining to halt or suspend its debt obligations. The Development Bank, which lends to the U.S. commonwealth and its municipalities and is running out of cash, faces a $422 million principal and interest payment ...
Read More »Brazil’s inflation falls below 10 percent a year in March
BRASILIA / Reuters Brazil’s inflation rate slowed sharply in March to below 10 percent a year, the lowest in nine months, although it still remained well above the government’s target despite a severe recession and one of the world’s highest interest rates. Consumer prices as measured by the benchmark IPCA index rose 9.39 percent in the 12 months through March, ...
Read More »Syrian rival forces race to retake territory from IS extremists
Beirut / AFP The IS group is under growing pressure on several fronts in Syria as rival forces battle to wrest territory from the extremists, who are excluded from a six-week-old ceasefire. The scramble by the regime, anti-government rebels and Kurdish militia to recapture areas from IS has been given added urgency by the prospect of a possible federal system. ...
Read More »Syria ceasefire ‘about to collapse’: Opposition
Paris / AFP The ceasefire in Syria “is about to collapse,” an official from the opposition said in an interview published on Sunday, just days before the resumption of peace talks in Geneva. “Over the last 10 days we have seen a very serious deterioration and the ceasefire is about to collapse,” BassmaKodmani, a member of the High Negotiations Committee ...
Read More »Fierce fighting kills 35 around Syria’s Aleppo
Beirut / AFP Clashes around Syria’s second city Aleppo have killed at least 16 pro-regime fighters and 19 members of Al-Qaeda’s affiliate and allied rebel groups within a 24-hour period, a monitor said on Sunday. “Fierce fighting raged past midnight (Sunday) on several fronts in the south of Aleppo province,” said the Syrian Observatory for Human Rights. Lebanese Shiite Hezbollah ...
Read More »Militants kill 18 Philippine soldiers
Philippines / AFP A Philippine offensive against the extremist Abu Sayyaf group after a spate of kidnappings has left 18 soldiers and five fighters dead in the worst violence in the troubled south this year, authorities said on Sunday. Saturday’s clashes on the strife-torn island of Basilan came after an April 8 ransom deadline set by Abu Sayyaf, who had ...
Read More »Taiwanese rally for death penalty after child’s beheading
Taipei / AFP Hundreds of Taiwanese rallied on Sunday to show support for retaining the death penalty, after the beheading of a child in a street attack shocked the island. Demonstrators dressed in black and held white roses in mourning for the four-year-old girl murdered on March 28 near a Taipei metro station. Many wore stickers reading “Death penalty is ...
Read More »â€˜Saddam aide’ to reshape Sunni insurgency
BAGHDAD / Reuters A rallying cry to Iraqi Sunnis from former President Saddam Hussein’s top surviving aide aims to bolster the old ruling Baath party’s appeal with Sunni Muslims fearing new reprisals by Shi’ite militias, experts said. The footage purportedly featuring Ezzat Al-Douri was released on Thursday, the anniversary of the fall of Saddam’s Sunni-led rule when US troops stormed ...
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