Washington / AFP Donald Trump’s surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank’s vital operational independence over the longer term. How his proposed, dramatic policy shifts impact the economy could influence Fed plans to resume raising interest rates after a year’s hiatus, which was widely ...
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North Korea urges shift from United States
Seoul/ AFP North Korea on Thursday warned the incoming Donald Trump administration will have to acknowledge it as a nuclear state, as the South said the maverick billionaire had pledged to protect it. The United States maintains it cannot accept North Korea as a nuclear power, despite it conducting five nuclear tests and has pushed harsh international sanctions against ...
Read More »US-led strike ‘kills civilians’ near IS-held Raqa in Syria
Ain Issa /Â AFP US-backed forces pressed offensives on Wednesday on the IS group’s strongholds in Syria and Iraq, as a strike by the American-led coalition was reported to have killed 20 civilians near Raqa. Supported by coalition air raids, Iraqi forces have pushed into IS’s Mosul stronghold and a Kurdish-Arab militia alliance has been advancing on the extremists’ de ...
Read More »Israel targets Syrian position after rocket hits Golan
Jerusalem / AFP Israeli forces attacked a Syrian military position on Wednesday, hours after a rocket from Syria hit the Israeli-held Golan Heights, the army said. “In response to the projectile which hit Israel earlier today, the IDF (Israel Defence Forces) targeted an artillery position of the Syrian regime in the northern Syrian Golan Heights,” a statement said. The ...
Read More »Moscow accuses Dutch sub of monitoring Med fleet
Moscow / AFP Russia on Wednesday accused a Dutch submarine of trying to monitor its aircraft carrier and escort vessels in the Mediterranean, denouncing such manoeuvres as “dangerous”. According to the Russian defence ministry, the Severomorsk and the Vice-Admiral Kulakov, two of its anti-submarine ships, had “spotted a submarine from the Dutch navy… which tried to approach the Northern ...
Read More »IS turns to tunnels in last stand for Iraqi town
Bashiqa /Â AFP Iraqi Kurdish forces came under heavy fire from a salmon-coloured house on the edge of the IS group-held town of Bashiqa, but when they stormed it, it was empty. “The fiercest resistance was coming from here,” said Corporal Hawkar Weis, pointing to the two-storey house on the eastern side of Bashiqa, which is now under the control ...
Read More »Yemen Army: Operation kills 30 Qaeda suspects
Aden / AFP An elite Yemeni force backed by Saudi-led coalition air strikes killed 30 suspected Al-Qaeda fighters in the southeast of the country in a 24-hour operation that ended on Wednesday, the army said. The force raided an Al-Qaeda hideout west of the port city of Mukalla on Tuesday in a “very successful” operation that lasted 24 hours, ...
Read More »EU warns Turkey to decide on ‘membership’
Brussels /AFP The EU warned Turkey on Wednesday that “backsliding” on rights after a coup attempt was putting its membership bid at risk and urged Ankara to decide whether or not to commit. President Recep Tayyip Erdogan however hit back at the “shameless” European Union and challenged it in return to make a final choice on Turkey’s long-stalled application ...
Read More »Australian, Briton on trial over Bali policeman murder
Denpasar / AFP An Australian woman and her British boyfriend went on trial on Wednesday accused of beating a policeman to death on a popular beach on the Indonesian resort island of Bali. David Taylor and Sara Connor appeared separately in court accused of murdering Balinese policeman Wayan Sudarsa, whose battered body was found on Kuta beach in August. ...
Read More »US voted to ‘make America great again’
London / AFP Political novice and former reality TV star Donald Trump has defeated Hillary Clinton to take the US presidency, stunning America and the world in an explosive upset fueled by a wave of grassroots anger. The Republican mogul immediately pledged to unite a deeply divided nation. But global markets had already plunged into turmoil and the long-standing ...
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