15 civilians die in Iraq suicide bombings

  BAGHDAD / AP Militants on Monday unleashed a series of attacks in Shiite-majority neighborhoods in the Iraqi capital, Baghdad, killing at least 15 civilians, officials said. The deadliest attack took place in the southwestern neighborhood of Al Amil when a bomber set off his explosives-laden vest in a busy outdoor market, killing seven shoppers and wounding up to 25 ...

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Tragic story behind rescued baby in Syria’s Idlib

  Idlib / AFP The frail cries of four-month-old Wahida made the rescue worker who carried her out of the rubble in Syria’s Idlib break down in sobs. The full story is one of tragedy. “I was in the shop when the airplane began carrying out air strikes,” recalls 32-year-old father Yehya Maatouq almost matter-of-factly. He was speaking to AFP on ...

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Fighting rages as Taliban attack Kunduz

  Kunduz / AFP Explosions echoed across Kunduz as Afghan commandos began to push back a Taliban assault on Monday, forcing residents to shelter in their homes one year after militants briefly seized the strategic provincial capital. Government helicopters were targeting gunmen from the air in a bid to repel the attack, a day before President Ashraf Ghani is due ...

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Putin halts plutonium disposal deal with USA

  Moscow / AFP Russian President Vladimir Putin on Monday ordered a halt to an agreement with the United States on plutonium disposal, citing Washington’s “unfriendly actions”. The deal, signed in 2000, was meant to allow both nuclear powers to dispose of weapons-grade plutonium from their defence programmes, a move seen as a key step in the disarmament process. The two ...

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Colombia voters nix FARC peace plan

  Bogota / AFP Colombian voters rejected a peace deal with communist FARC rebels, near-complete referendum results indicated, unexpectedly blasting away what the government hoped would be a historic end to the 52-year conflict. Reversing the trend of earlier opinion polls, voters appeared to have narrowly defied the government’s pleas for a new era of peace in the South American country. ...

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Japan’s scientist wins Nobel medicine for cell ‘recycling’

  Stockholm / AFP Yoshinori Ohsumi of Japan won the Nobel Medicine Prize on Monday for his pioneering work on autophagy — a process whereby cells “eat themselves” — which when disrupted can cause Parkinson’s and diabetes. A fundamental process in cell physiology, autophagy is essential for the orderly recycling of damaged cell parts and understanding it better has major implications ...

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Bosnian Serb declares victory in Srebrenica

  Srebrenica/ AFP The Bosnian town of Srebrenica, known for the wartime massacre of 8,000 Muslims by Serb forces, looked set to get its first Serb mayor in 17 years after elections on Sunday. A Muslim war criminal was also poised to become mayor in the northwestern town of Velika Kladusa following the poll, which came at a time of renewed ...

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Markets yawn as Trump’s fortunes rise and fall

  As a rattled Donald Trump struggled to parry a composed Hillary Clinton in the waning moments of last week’s presidential debate, markets began to rally in Asia and the price of gold started to fall. Those were sighs of investor relief, news articles asserted, that a Trump presidency was becoming less likely. If so, it was the first time ...

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What should worry us about Deutsche Bank

  My column last week focused on the headwinds facing the European banking system and the broader implications of Deutsche Bank’s fall from grace, including the decline in its stock price by more than half. Let’s now take a closer look at factors that are specific to the bank, including what may happen, and what probably won’t, starting with the ...

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There’s a surplus of worry about global debt levels

  There continues to be a steady drumbeat of editorials and essays warning about the danger of too much private debt. One of the most articulate and thorough of these was a recent op-ed by Richard Vague in Democracy Journal, arguing that excessive debt levels are putting the world in danger of a big economic crisis. But this worry is ...

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