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Last update: Sun, 24 Jul 2016 07pm

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Brexit is risk to global growth, says G20 CHENGDU: Britain's vote to leave the European Union heightens risks for the world economy, finance chiefs from the G20 group of leading countries said Sunday, vowing to use "all policy tools" to boost growth. The outcome of June's referendum "adds to the uncertainty in the global economy", they said in a communique after a meeting of central bankers and ministers in the Chinese city of Chengdu.But they insisted that G20 countries were "well positioned to proactively address the potential economic and financial consequences" of the vote, adding: "In the future, we hope to see the UK as a close partner of the EU.""In light of recent developments, we reiterate our determination to use all policy tools -- monetary, fiscal and structural -- individually and collectively to achieve our goal of strong, sustainable, balanced and inclusive growth," said the communique, repeating a pledge from an earlier meeting in Shanghai in February. ...

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Kabul in mourning after deadliest attack in 15 years KABUL: Kabul was plunged into mourning Sunday after its deadliest attack for 15 years killed 80 people and left hundreds maimed, reigniting concern that the Islamic State group was seeking to expand its foothold in Afghanistan.Tempers were frayed a day after the twin bombings that tore through crowds of Shiite Hazara protesters, as many anxiously searched hospitals and morgues, looking among the mutilated bodies for missing relatives.The attack in the majority Sunni country highlighted the ...

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Pakistan off to good start in implementing anti-poverty SDGs: Maleeha  UNITED NATIONS: Pakistan has told a gathering of diplomats and experts at the United Nations that progress was being made in implementing Sustainable Development Goals (SDGs) of the global development agenda but will require all parts of the UN family and its partners to work together to meet all the targets set by the ambitious 15-year undertaking. "SDGs are indeed coming to life and we all are contributing towards this," Ambassador Maleeha Lodhi said at ...

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UK vote to leave EU 'adds to uncertainty' in global economy: G20 CHENGDU: Britain's vote to leave the European Union heightened risks for the world economy, finance chiefs from the G20 group of leading countries said Sunday at a meeting in China. The outcome of last month's referendum "adds to the uncertainty in the global economy", said China's finance minister Lou Jiwei, who hosted the meeting.But he added that EU member countries were "well positioned to proactively address the potential economic and financial consequences stemming from the ...

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Islamic State claims responsibility for deadly Kabul attack KABUL: Islamic State claimed responsibility for a suicide attack in the Afghan capital Kabul on Saturday that killed at least 61 people and wounded more than 200 when it tore through a demonstration by members of the mainly Shia Hazara minority.Graphic television footage from the site of the attack showed many dead bodies lying on the bloodied road, close to where thousands of Hazara had been demonstrating over the route of a planned multimillion dollar ...