Paris, France | AFP | IMF chief Christine Lagarde warned Saturday that economic stimulus from US tax cuts may lead to a rapid rise in interest rates which would weigh on countries with high debt levels. The International Monetary Fund was going to be “attentive” to the consequences of the …
Read More »May pleads for ‘urgent’ post-Brexit EU security deal
Munich, Germany | AFP | British Prime Minister Theresa May pleaded Saturday for an urgent deal with the European Union on post-Brexit security cooperation, warning that citizens’ lives were at stake. In a speech at the Munich Security Conference, she acknowledged that no deal currently exists between the EU …
Read More »Strong quake shakes Mexico, causing panic
Mexico City, Mexico | AFP | A strong earthquake shook southern and central Mexico Friday, causing panic less than six months after two devastating quakes that killed hundreds of people. No buildings collapsed, according to early reports. But two towns near the epicenter, in the southern state of Oaxaca, reported …
Read More »Trump visits Florida shooting survivors, FBI admits it missed tip
Pompano Beach, United States | AFP | US President Donald Trump on Friday visited a Florida hospital to offer comfort to those wounded in a mass school shooting, after the FBI admitted it mishandled a tip about the troubled teen behind the massacre that left 17 dead. The arrival of …
Read More »Cyberattacks are costly, and things could get worse: US report
Washington, United States | AFP | Cyberattacks cost the United States between $57 billion and $109 billion in 2016, a White House report said Friday, warning of a “spillover” effect for the broader economy if the situation worsens. A report by the White House Council of Economic Advisers sought to …
Read More »Second woman alleges Trump affair — and cover-up
Washington, United States | AFP | A second woman has made allegations of an affair with Donald Trump, describing complex legal and financial agreements in an alleged bid to cover it up. Former Playboy model Karen McDougal claims that she and Trump had a sexual relationship in 2006, which began …
Read More »Trump says ‘no collusion’ after Russians indicted for election meddling
Washington, United States | AFP | US President Donald Trump on Friday held up the indictment of 13 Russians — and no Americans — for meddling in the 2016 election as vindication that his campaign team did not collude with Moscow. “Russia started their anti-US campaign in 2014, long before …
Read More »Oxfam pulls out of UK government bids as chief hits out
London, United Kingdom | AFP | The head of Oxfam on Friday hit back at criticism over a prostitution scandal that he said was “out of proportion”, as the British charity agreed not to bid for more government funds until it cleans up its act. Chief executive Mark Goldring has …
Read More »Belgian court orders Facebook to stop tracking web users
Brussels, Belgium | AFP | A Belgian court on Friday ordered Facebook to stop tracking internet users in Belgium who have no accounts with the social network, or face fines of 250,000 euros a day. The California-based firm vowed to appeal the ruling amid increased efforts in Europe to boost …
Read More »FBI warned about Florida gunman but failed to act
Washington, United States | AFP | The FBI said Friday that it received a detailed warning last month that Florida school shooter Nikolas Cruz was a danger but that it failed to act. “On January 5, 2018, a person close to Nikolas Cruz contacted the FBI’s Public Access Line tipline …
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