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Debt reductions to be announced, say 1MDB

Kuala Lumpur / DPA 1Malaysia Development Bhd (1MDB) will make further announcements on debt reductions in the coming weeks. It has also fully settled a 700 million ringgit (US$173.57 million) loan based on the proceeds from the sale of Edra Global Energy Bhd. On Saturday, 1MDB president and chief executive officer Arul Kanda Kandasamy said the sale of Edra had ...

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Pakistan vows to eliminate extremism after Easter carnage

Bloomberg Prime Minister Nawaz Sharif vowed to eradicate radical ideologies from Pakistan after a Taliban suicide bomber targeted many women and children celebrating Easter on Sunday at a park in one of its biggest cities. “Our goal is not only to eliminate terror infrastructure but also the extremist mindset which is a threat to our way of life,” Sharif said ...

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Israel drops controversial Brazil envoy pick

Jerusalem / AFP Israeli Prime Minister Benjamin Netanyahu backed down on Monday from his attempts to appoint a former settler leader as ambassador to Brazil, which has since August refused to accept the nomination. Netanyahu “decided to appoint Dani Dayan as consul general in New York. He will replace foreign ministry career official Ido Aharoni, who is completing his term,” ...

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