World Media

Italy financial markets plunge on political turmoil

/ May 30 2018

Investors have in recent days scurried for assets such as US and German bonds or the Japanese yen, spooked by the possibility that Italy , the third-biggest euro zone economy, could deliver a bigger boost to eurosceptic parties in a snap election that sources said could be held by end-July.

World Media

Malaysia PM Mahathir Mohamad to drop high-speed rail project with Singapore

/ May 30 2018

Prime Minister Tun Dr Mahathir Mohamad speaks during a press conference after chairing a Cabinet meeting at the Prime Minister's Office in Putrajaya May 30,2018. He estimated that Malaysia could cut nearly a fifth of its US$250 billion national debt and liabilities by scrapping such big projects. Dr Mahathir has also said his government was haggling with Chinese partners over the terms of a $10.4 billion rail deal aimed at connecting the South China Sea at the Thai border in the east with ...

World Media

Israel minister threatens occupation of besieged Gaza as tensions soar

/ May 30 2018

In a follow up announcement, Israel's Minister of Energy and Water Resources, Yuval Steinitz, instructed the IEC not to put its employees in danger to fix the damage. Hamas seized control of the Gaza Strip in 2007. At least 116 Palestinians were killed by Israeli fire at mass demonstrations along the border, drawing worldwide condemnation for Israel over its use of lethal force.

World Media

U.S. announces 25 per cent new tariffs on Chinese tech goods

/ May 30 2018

The U.S.is also asking China to "remove all of its many trade barriers, including non-monetary trade barriers, which make it both hard and unfair to do business there". "Right now, we have agreed to put the tariffs on hold while we try to execute the framework", Mnuchin said in a television interview on Fox News.

World Media

Iran Sets May 31 Deadline in Scramble to Salvage Nuclear Deal

/ May 29 2018

When Donald Trump withdrew the United States from an global arms control agreement with Iran earlier this month , Washington's foreign policy establishment fought passionately over the path forward. "Should they choose to go back, should they begin to enrich, we are fully prepared to respond to that as well", Pompeo said, declining to detail what the response could be.

World Media

Two South Carolina journalists killed while covering hazardous weather

/ May 29 2018

The fire chief said the roots of the three-foot (91-centimeter) diameter tree were loosened from the ground saturated by a week's worth of rain. Two journalists were killed in a "freak of nature" accident while covering weather conditions in North Carolina during storm Alberto.


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