Striking military police in Brazil agree to return to work

  RIO DE JANEIRO / AP The government of Brazil’s southeastern state of Espirito Santo and military police have reached an agreement to end a strike that had paralyzed several cities and led to an uptick in violence. The agreement reached late Friday came after a week of strikes led by family members of the officers. Wives and other relatives ...

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7 Pakistani fishermen jailed in Yemen for 10 years returned

  ISLAMABAD / AP Seven Pakistani fishermen who remained jailed in Yemen for over a decade have been returned home. Najum Abbasi, a spokesman for the International Committee of the Red Cross, said on Saturday that the fishermen who hail from coastal areas in the provinces of Baluchistan and Sindh, had crossed international water boundaries 10 years ago and were ...

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Cop killed during anti-govt protests in Baghdad

  BAGHDAD / AP An Iraqi policeman was killed during anti-government protests in the Iraqi capital on Saturday, according to police and hospital officials who said seven other policemen were injured along with dozens of protesters. Demonstrators loyal to influential Iraqi cleric Muqtada al-Sadr gathered in Baghdad demanding that the commission overseeing the local elections schedule this year be overhauled. ...

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Germany to elect new president; Frank-Walter Steinmeier favorite

  BERLIN / AP A German parliamentary assembly will elect the country’s new president on Sunday, with a respected former foreign minister who last year called Donald Trump one of the world’s “hate preachers” the overwhelming favorite to win. The German president has little executive power, but is considered an important moral authority. The new head of state will succeed ...

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Powerful quake kills 6 in southern Philippines

  SURIGAO / AP A powerful nighttime earthquake in the southern Philippines killed at least six people and injured more than 120, with officials combing through cracked buildings and nearby towns on Saturday to check on the damage and other possible casualties. The magnitude 6.7 quake roused residents from their sleep late Friday in Surigao del Norte province, forcing hundreds ...

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13 dead, thousands caught in flooding in central Indonesia

  JAKARTA / AP Up to 40,000 people were caught in severe flooding following days of torrential rain in central Indonesia, where the death toll from landslides on Bali resort island rose to 13, officials said on Saturday. Indonesia’s Disaster Mitigation Agency said that incessant rains in the past five days caused rivers on Sumbawa Island to break their banks ...

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Is corporate ‘short-termism’ a myth, or is it rising?

  You’ve heard the criticism. Too many American corporate managers are addicted to “short-termism.” They postpone investments and other costs, sacrificing future performance for present profitability. Either they’re pressured by “activist investors” or want to inflate the value of their stock options. If true, it could help explain the economy’s lackluster performance. Now, a new study asserts that it is ...

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Twitter gets more users but can’t seem to sell them advertisements

  At this point last year, Twitter was a company that had a hard time attracting new people to surf and tweet, but it was quite skilled at generating ad dollars from its die-hard users. Now Twitter’s problem has reversed. It’s still a mess of a company, but in a fresh way. People are using Twitter more, but advertisers are ...

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Trump needs an Afghanistan plan

  The news from Afghanistan is as relentless as it depressing: six aid workers murdered by IS, at least 20 dead from a suicide bombing at the Supreme Court, more territory lost to the Taliban, more opium growing in the fields. Maybe that explains Donald Trump’s silence on the war since becoming president. But it does not excuse it. The ...

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What India’s demonetization means for investors…

  On November 8, Prime Minister Narendra Modi of India surprised investors and consumers by declaring that 86 percent of the nation’s money stock would no longer be a medium of exchange or store of value. In meetings in Mumbai and New Delhi recently, I learned that the move was intended to ferret out illegally garnered funds, and that the ...

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