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Archive

World

Friday, December 6, 2019

US trade deficit shrinks; labour market tight
World

US trade deficit shrinks; labour market tight

The US trade deficit dropped to its lowest level in nearly 1-1/2 years in October, suggesting trade could contribute to economic growth in the fourth quarter, though a broad decline in imports hinted at a slowdown in domestic demand.
Published 06 Dec, 2019 12:00am
World food prices surge
World

World food prices surge

World food prices rose strongly in November, lifted by big jumps in prices of meat and vegetable oils, despite slightly lower cereals prices, the United Nations food agency said on Thursday.
Published 06 Dec, 2019 12:00am
Japan unveils $120 billion stimulus package
World

Japan unveils $120 billion stimulus package

Japanese Prime Minister Shinzo Abe unveiled $120 billion in stimulus measures on Thursday, to help the world's third largest economy overcome the aftermath of recent natural disasters.
Published 06 Dec, 2019 12:00am
WTO provisionally approves 2020 budget, likely averting shutdown
World

WTO provisionally approves 2020 budget, likely averting shutdown

World Trade Organization members provisionally agreed Thursday on a 2020 budget, likely averting a shutdown risk triggered by US threats to block funding over frustration with the body's dispute settlement court. "I can confirm that the budget committee t
Published 06 Dec, 2019 12:00am
Putin seeks rapid renewal of key nuclear deal with US
World

Putin seeks rapid renewal of key nuclear deal with US

Russia's President Vladimir Putin on Thursday said Moscow seeks to renew the nuclear New Start treaty, a key remaining US-Russian arms treaty, before the end of the year. Speaking to military chiefs and Russian defense executives, Putin said the decision
Published 06 Dec, 2019 12:00am
US says seized Iranian weapons bound for Yemen
World

US says seized Iranian weapons bound for Yemen

The United States said Thursday that it seized a major shipment of Iranian weapons bound for Yemen's Huthi rebels, denouncing what it called a violation of a UN arms embargo.
Published 06 Dec, 2019 12:00am
Israel and Czech Republic sign $125m missile defence deal
World

Israel and Czech Republic sign $125m missile defence deal

Israel's defence ministry signed a deal with its Czech counterpart on Thursday to sell it radar systems used in the Jewish state's Iron Dome missile defence system. The radars will be integrated into the Czech air defence system which will use Prague's ow
Published 06 Dec, 2019 12:00am
Dozens of migrants drown as boat sinks off Mauritania
World

Dozens of migrants drown as boat sinks off Mauritania

At least 62 migrants travelling on a makeshift boat have drowned off the coast of Mauritania, in the worst loss of life this year along the increasingly travelled western Atlantic migration route to Europe. Eighty-three survivors managed to swim to shore
Published 06 Dec, 2019 12:00am