Uncategorized

5 years after the spark, Syria war at a critical juncture

BEIRUT / AP After five years of bloodshed — after a quarter of a million deaths, and the flight of millions of refugees — Syria has arrived at a critical juncture: A diplomatic framework is in place to end the carnage, a two-week-old partial ceasefire is holding, and peace talks are set to resume in coming days. “The indicators from ...

Read More »

North Korea: Military ready for pre-emptive attack against South

Seoul/ AP North Korea said on Saturday its military is ready to pre-emptively attack and “liberate” the South if it sees signs that American and South Korean troops involved in annual joint military drills are attempting to invade the North. The declaration from General Staff of the North’s Korean People’s Army on state media is the latest outburst over the ...

Read More »

China industrial output, retail sales slow as property gains

BEIJING/ Bloomberg China’s industrial production and retail sales both slowed in the first two months of the year, highlighting the pressure leaders will face to meet this year’s annual growth target even as the central bank governor said major stimulus wasn’t needed. Industrial output rose 5.4 percent from a year earlier in January and February, the National Bureau of Statistics ...

Read More »

Mohammed attends military exercise in Saudi Arabia

Riyadh / WAM The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, alongside a number of defence leaders and officials from allied countries, on Thursday witnessed the conclusion of the Northern Thunder Exercise, which began on February 14, ...

Read More »

Queen & Carney dragged into battle for ‘Brexit’

Bloomberg With just over 100 days to go until Britain’s referendum on leaving the EU, Queen Elizabeth II and Bank of England Governor Mark Carney have both been dragged into the debate, showing that personalities will play a crucial role in the outcome. Supporters of a so-called Brexit called for Carney to resign after he identified a vote to leave ...

Read More »

US,Canada limit methane emissions from oil, gas wells

Bloomberg President Barack Obama and Canadian Prime Minister Justin Trudeau announced steps to limit methane emissions from existing oil and natural gas wells, a move intended to underscore their commitment to combat climate change. Canada and the U.S. are agreeing to reduce methane emissions from oil and gas by as much as 45 percent below 2012 amounts by 2025, according ...

Read More »

China consumer inflation accelerates to 2.3 percent

Beijing / AFP China’s consumer inflation jumped to 2.3 percent in February, its highest in nearly two years, official data showed on Thursday, in a positive sign for demand in the world’s second-largest economy. Food prices surged during the annual Lunar New Year holiday, with vegetable prices jumping 30.6 percent year-on. The rise in the consumer price index (CPI) released ...

Read More »

Bangladesh loses US$100mn to Chinese hackers

DHAKA / AFP The Bangladesh central bank says it is working to recover some $100 million allegedly stolen by Chinese hackers from an account at the Federal Reserve Bank of New York. Authorities have given few details about how the money disappeared. But Finance Minister A.M.A. Muhith says authorities are considering suing the U.S. bank over the money’s apparent transfer ...

Read More »

Putin’s ex-PM warns of election crackdown, faces death threats

Bloomberg The Kremlin is putting “unprecedented” pressure on opposition activists as President Vladimir Putin prepares for his toughest electoral test amid Russia’s longest recession in two decades, according to his former prime minister. “The authorities understand that 2016 will be decisive because the economic and political situation is acute,” Mikhail Kasyanov, who was premier from 2000 to 2004 and is ...

Read More »

Suu Kyi nominates close aide for Myanmar president

Naypyidaw / AFP Aung San Suu Kyi was on Thursday finally ruled out of the running to become Myanmar’s next president, as her party nominated one of her most loyal aides to rule the formerly junta-run nation as her proxy. Suu Kyi has vowed to rule “above” the president, despite being barred from top office by the army-scripted constitution, as ...

Read More »
Send this to a friend