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Fraga sees Brazil suffering new lost decade in just 3 years

Rio De Janeiro / Bloomberg Brazil’s economy faces a prolonged rout with no recovery in sight, as political uncertainty weighs on investor confidence and structural reforms show no sign of gaining traction, according to fund manager and former central bank chief Arminio Fraga. Even if President Dilma Rousseff survives attempts to remove her from office, she will be too weak ...

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Greece blasts Macedonia border closure as Afghan refugees stuck

Idomeni / AFP Greece said on Monday it was taking action to persuade Macedonia to take in Afghan migrants as thousands remained stranded at the border and the main port in Athens. “We have begun diplomatic moves… we believe the problem will be resolved,” junior interior minister for migration Yiannis Mouzalas told parliamentary television, without elaborating on what steps were ...

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Afghan forces retreat from districts in strategic Helmand

Kandahar / AFP Afghan troops have retreated from two districts in the southern province of Helmand, officials said on Monday, a move which highlights the challenge from Taliban fighters in the opium-producing region. “The Afghan army retreated from two army bases in Musa Qala and one base from Nawzad district” on Saturday, provincial governor Khan Rahimi said, leaving no troops ...

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