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Egypt to cut fuel subsidies as govt seeks to reduce deficit

CAIRO / Reuters Egypt will reduce spending on fuel subsidies by nearly 43 percent in the 2016/17 budget due mainly to lower global energy costs, officials said on Saturday. Finance Minister Amr al-Garhy told a news conference state energy subsidies would fall to 35 billion Egyptian pounds ($3.94 billion) from about 61 billion pounds in the 2015/16 budget. Consumers reacted ...

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Kerry in landmark Hiroshima visit

Hiroshima / AFP G7 foreign ministers on Sunday began two days of talks in Hiroshima, with John Kerry’s visit to the atom-bombed city—the first-ever by a US secretary of state—overshadowing the broader agenda. Kerry’s landmark trip is seen as possibly paving the way for Barack Obama to become the first serving US president to journey to the thriving metropolis next ...

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Prince William and wife Kate begin royal tour of India

MUMBAI / AP The Duke and Duchess of Cambridge have begun a weeklong visit to India and Bhutan, their second major trip representing the British crown and their first royal tour in almost two years. Prince William and his wife, the former Kate Middleton, began their first engagement in India by laying a wreath at a memorial Sunday at Mumbai’s ...

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