Major News

Highlights: Bank of England rate setters speak in parliament

Highlights: Bank of England rate setters speak in parliament

Published 17/10/2017

Members of the Bank of England interest rate setting committee were speaking in parliament on Tuesday. They also supplied statements to the Treasury Committee. Below are some of their comments: [more…]

U.N. urges Bangladesh to move Rohingya refugees stranded at border

U.N. urges Bangladesh to move Rohingya refugees stranded at border

Published 17/10/2017

The U.N. refugee agency urged Bangladesh on Tuesday to speed up vetting of up to 15,000 Rohingya refugees "stranded" near the border after crossing into the country from Myanmar and move them further inland to safety and better conditions. [more…]

Inspection battle threatens Egypt`s wheat supply

Inspection battle threatens Egypt`s wheat supply

Published 17/10/2017

Wheat shipments to Egypt, the world's largest buyer, are being disrupted by a dispute involving government inspectors angered by a ban on the expenses-paid foreign trips they once enjoyed to approve cargoes at their ports of origin. [more…]

Islamic State in Raqqa mounts last stand

Islamic State in Raqqa mounts last stand

Published 17/10/2017

U.S.-backed militias will capture Islamic State's last foothold in the jihadists' former Syrian capital of Raqqa within hours, a militia spokesman said on Tuesday. [more…]

U.S.-backed Syrian militias raise flag in Raqqa stadium

U.S.-backed Syrian militias raise flag in Raqqa stadium

Published 17/10/2017

U.S.-backed Syrian Democratic Forces (SDF) raised a militia flag inside Raqqa stadium on Tuesday, one of the last remaining areas that were held by Islamic State in its former capital, a Reuters witness said. [more…]

Philippine president declares Marawi liberated as battle goes on

Philippine president declares Marawi liberated as battle goes on

Published 17/10/2017

Philippine President Rodrigo Duterte declared the southern city of Marawi liberated from pro-Islamic State militants on Tuesday, although the military said 20-30 rebels were holding about 20 hostages and still fighting it out. [more…]

Iraqi forces take control of all oil fields operated by state-owned North Oil in Kirkuk

Iraqi forces take control of all oil fields operated by state-owned North Oil in Kirkuk

Published 17/10/2017

Iraqi forces completed an operation to take control of all oil fields operated by state-owned North Oil Company in the Kirkuk region on Tuesday, a senior military officer said. [more…]

New Jakarta governor faces backlash for racially tinged speech

New Jakarta governor faces backlash for racially tinged speech

Published 17/10/2017

The new governor of Indonesia's capital faced a barrage of criticism on Tuesday for remarks in his inauguration speech that some residents and politicians warned could stoke ethnic and religious tension in the Southeast Asian country. [more…]

Global stocks stay buoyant as dollar, bond yields rise

Global stocks stay buoyant as dollar, bond yields rise

Published 17/10/2017

World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. [more…]

Exclusive: India likely to stick to deficit target, may step up bank reform – Modi adviser

Exclusive: India likely to stick to deficit target, may step up bank reform – Modi adviser

Published 17/10/2017

India is likely to stick to its fiscal deficit target of 3.2 percent of GDP, and may accelerate sales of government stakes in lenders and other companies as part of an effort to recapitalize banks, an adviser to the prime minister said on Tuesday. [more…]