Monday, 17 June, 2019


G20 hopes grow for U.S. deal to avert default

By Lidia Kelly and Krista Hughes WASHINGTON (Reuters) – Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a U.S. default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure it can keep paying its bills. Officials from across the Group of ... Read More »

Former dictator Musharraf granted bail, free to leave Pakistan

By Syed Raza Hassan and Mehreen Zahra-Malik ISLAMABAD (Reuters) – Former military dictator Pervez Musharraf could leave Pakistan as soon as Thursday after a decision by a court paving the way for his release, his lawyer said on Wednesday. Musharraf's fate has been subject to intense speculation since he became the first former army chief to be arrested this year, ... Read More »

Homosexuals to be barred from entering Kuwait

Dubai, Oct 8 (IANS) Kuwait claims it has developed a medical test to detect homosexuals in order to prevent them from entering the country or any of the Gulf Cooperation Countries (GCC), which include Bahrain, Kuwait, Qatar, Oman, Saudi Arabia and the United Arab Emirates, the Daily Mail reported. read more... Read More »

IMF cuts global growth forecast, warns of prolonged stupor

WASHINGTON (Reuters) – The International Monetary Fund trimmed its forecasts for global output on Tuesday for the sixth time since early last year, saying stronger growth in most advanced economies would fail to make up for a more sluggish expansion in the developing world. Prospects for emerging markets, long the engine of the global recovery, have dimmed somewhat with both ... Read More »

U.S. Congress enters crucial week in budget, debt limit battles

By Richard Cowan WASHINGTON (Reuters) – As the U.S. government moved into the second week of a shutdown on Monday with no end in sight, a deadlocked U.S. Congress also confronted an October 17 deadline to increase the nation's borrowing power or risk default. Republican House of Representatives Speaker John Boehner vowed not to raise the U.S. debt ceiling without ... Read More »

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