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German consumer confidence slips over refugee influx BERLIN: German consumer confidence slipped for a fourth month in a row in November as shoppers worried about the impact of a record influx of asylum seekers, a survey found Thursday.A monthly index calculated by market research firm GfK from questioning 2,000 consumers slipped 0.2 points to 9.4, although the rate of decline had slowed from September and October."The persistently strong influx of asylum seekers is causing economic optimism to dwindle further," GfK said in a statement as Germany expects around one million newcomers this year.About 40 percent of respondents said they expected unemployment to rise, and most linked the trend to the refugee crisis, although few expected to lose their own jobs."The economic mood of citizens currently seems to be much more pessimistic than the real economy is, or how experts judge it to be," with leading economists predicting 1.6 percent GDP growth next year, said the institute.Germans' income ...

16,000 children in South Sudan forced into conflict this year: UN GENEVA: Up to 16,000 children have been forced to join the fighting in South Sudan since the start of this year, the United Nations children's agency (UNICEF) said Friday. Despite an peace agreement in August, fighting continues to rage in the two-year civil conflict in the world's youngest nation, with children suffering an increasingly heavy toll. "Since January, around 16,000 children have been recruited by armed groups and the military," UNICEF spokesman Christophe Boulierac told ...
France to mourn Paris attack dead PARIS: France on Friday will mourn the 130 people killed in the November 13 Paris attacks, with President Francois Hollande leading a solemn ceremony in honour of the victims.Families of those killed in France's worst-ever terror attack, claimed by the Islamic State (IS) group, will join some of the wounded at ceremonies at the Invalides, the gilded 17th-century complex in central Paris that houses a military hospital and museum and Napoleon's tomb.The tribute will be ...
Russia says 'destroyed' Syria rebels in area where jet brought down MOSCOW: Russia on Thursday said its forces had wiped out Syrian rebel groups operating in the area where one of its jets was brought down, unleashing a huge bombardment after rescuing a pilot. "As soon as our pilot was safe, Russian bombers and artillery of the Syrian government forces carried out massive strikes in the indicated area for an extended period," military official Igor Konashenkov told Russian news agencies."The terrorists operating in that area and ...
French jobless total surge to new record in October PARIS: France's jobless total surged in October by the most in over two years to a new record as the euro zone's second-biggest economy struggles to gain enough momentum to bring unemployment down. The number of people registered as out of work in mainland France jumped by 42,000 last month to a record 3,589,800, up 1.2 percent over one month and 3.7 percent over one year, the Labour Ministry said. Increased layoffs and terminations of ...
Polish government curbs election promises to keep deficit in check WARSAW: Poland's new government has started scaling back on election promises of higher public spending in a bid to avoid a deficit blow-up, but it may still overshoot the European Union's three-percent ceiling next year. In the latest in a string of announcements on cutbacks, Finance Minister Pawel Szalamacha said on Thursday that one of the main campaign policy plans of the conservative Law and Justice party (PiS), a tax cut for small and medium-sized ...
Turkey's Erdogan calls for new constitution to include more powerful presidency ANKARA: Turkish President Tayyip Erdogan on Thursday renewed his call to parliament to draft a new constitution that will grant his office greater executive powers, arguing it better suits affluent nations."Look at the world. Almost all developed nations either have a presidential system or a half-presidential system," Erdogan said in a speech to local administrators. "Preparations for a new constitution must be bravely carried out (so that) we can present it to the people to ...


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