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Eleven killed, 10 missing in Peru landslide  LIMA: At least 11 Peruvians were killed and 10 more are missing after a mudslide Wednesday slammed into a small village in a mountainous jungle region, officials said.   Those killed in the landslide include five children, Ronald Garcia, the provincial mayor, told RPP national radio network.   The avalanche of mud and rocks swept away 24 homes when it crashed into the village of El Porvenir, in the northern department of San Martin, at dawn.   The head of Peru's Civil Defense Institute, Alfredo Murgueytio, told the daily El Comercio in an interview posted online that rescuers pulled 11 bodies from the rubble, and that 10 people are still missing.   Mayor Garcia said that some of the missing people may have fled into the hills to save their lives.   "Whole families are missing," said Garcia. More than 80 families live in the village, he said.   El Porvenir residents are mostly coffee farmers, officials said.   Heavy rain in Peru's Andean ...

China BEIJING: China said Thursday its economy grew 7.4 percent in the third quarter, easing for a seventh straight quarter, but the government and analysts said the world's second-largest economy was stabilising.   The performance was the weakest since a 6.6 percent expansion in the first three months of 2009, when China was battling the global financial crisis, indicating that woes from around the world were continuing to weigh on China.   Growth was slower than the 7.6 percent expansion ...

Warrant for Indian magnate Mallya withdrawn: reports  NEW DELHI: An arrest warrant for Indian tycoon Vijay Mallya over alleged bounced cheques written by his troubled airline has been withdrawn after the carrier agreed to pay the sums due, reports said Wednesday.   The Press Trust of India and other media quoted GMR Hyderabad International Airport Ltd (GHIAL) as saying it withdrew its case against Mallya after his Kingfisher Airlines agreed to pay around $2 million owing in service charges.   "The case (against Kingfisher and Mallya) ...

Russia says MOSCOW: Russia said Wednesday it is "very concerned" by new EU sanctions against Iran, which it claimed will work against talks on Tehran's contested nuclear programme.   "We are very concerned by the European Union's adoption on October 15 of a new series of unilateral sanctions against Iran," the foreign ministry said.   "We repeat: We do not consider unilateral sanctions, introduced by states or groups of states circumventing the UN Security Council, as legitimate instruments of international policy," ...

Obama, Romney take debate into overtime  MOUNT VERNON: Barack Obama and Mitt Romney seized on rows left smoldering from their angry debate Wednesday, flinging new blows in the hotly contested territory that will decide who wins the White House.   Twenty days from election day, and with the political world reverberating from one of the most contentious presidential debates in history, the US president tried to lock in gains from his comeback performance on Tuesday.   Obama accused Romney of offering a "sketchy deal" by ...

Brazil jobs creation improves in September vs August  BRASILIA: Brazil's economy added a net 150,334 payroll jobs in September, the labor ministry said on Wednesday, improving from August as Latin America's top economy picks up speed.   The number was slightly below analysts' median forecast of 154,000 jobs, but much better than the 100,938 posted in August.   The Brazilian economy is recovering after a year of near stagnation as the country's consumption-led growth model started to show signs of strain. President Dilma Rousseff's government has given ...

Feud flares again between Romanian PM, president  BUCHAREST: A bitter dispute between Romania's president and prime minister resurfaced on Wednesday, raising doubts over the running of the country with an election due in December.   Leftist Prime Minister Victor Ponta tried to remove Traian Basescu from office in the summer in a spat which angered the EU and raised questions over policy and an International Monetary Fund deal that shores up investor confidence.   Basescu attended a meeting of the European centre-right parties in Romania's parliament ...


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Foreign Debt $61.805bn
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