Section: Dunya TV (Pakistan)
Christine Lagarde again selected as IMF chief
WASHINGTON (AFP) – Christine Lagarde, the first woman to head the International Monetary Fund, became assured Thursday of a second term as managing director to steer it through a global economic slowdown.The executive board of the global crisis lender announced that there were no challengers facing Lagarde, for the five-year term that...
Lagarde set for second term as IMF chief
WASHINGTON (AFP) – Christine Lagarde, the first woman to head the International Monetary Fund, became assured Thursday of a second term as managing director to steer it through a global economic slowdown.The executive board of the global crisis lender announced that there were no challengers facing Lagarde, for the five-year term that...
Tennis: Top seed Nishikori, qualifier Nishioka advance
LOS ANGELES (AFP) – Three-time defending champion Kei Nishikori and Japanese compatriot Yoshihito Nishioka, a 130th-ranked qualifier, advanced to the quarter-finals of the ATP Memphis Open on Wednesday with straight-sets triumphs.Top seed Nishikori defeated 124th-ranked Ryan Harrison 6-2, 7-5 to book a last-eight date against Kazakstans...
Pentagon chief seeks more help in anti-IS fight
BRUSSELS (AFP) – Pentagon chief Ashton Carter and dozens of defence ministers from the US-led coalition striking Islamic State jihadists meet in Brussels on Thursday to take stock of the difficult campaign.More than 18 months after the United States and the quickly assembled alliance began bombing IS targets, Carter hopes renewed alarm over...
Oil crash has economic benefits but geopolitical risks for US
NEW YORK (AFP) – The oil price crash is mostly a godsend for the United States, delivering American consumers and businesses cheaper gasoline prices while hobbling the economies of adversaries like Russia.But analysts say that the longer the oil price stays so low, the greater the chances it will generate new geopolitical problems that...
Protests greet ‘executioner’ Rouhani’s visit to France
PARIS (AFP) – Hundreds of protesters on Thursday condemned Iranian President Hassan Rouhanis visit to France, with a Femen activist dramatising a surge in executions in Iran by staging a mock hanging on a bridge near the Eiffel Tower.Welcome Rouhani, executioner of freedom, read a banner on the Paris bridge from which the woman was...
Germany warns Russia against ‘exploiting’ teen ‘rape’ case
BERLIN (AFP) – Germany and Russia traded barbs over a murky case involving the alleged rape of a teenager, with Berlin warning Wednesday against exploiting the allegations after Moscow hinted at an official cover-up.Foreign Minister Frank-Walter Steinmeier accused Russia of trying to inflame Germanys already heated national debate on...
Russian GDP fell 3.7% in 2015: state statistics agency
MOSCOW (AFP) – Russias gross domestic product (GDP) fell 3.7 percent in 2015 as the countrys energy-dependent economy reeled from low oil prices, the state statistics agency said on Monday, citing preliminary data.The figure is in line with an earlier economy ministry estimate, cited by President Vladimir Putin at his annual press...
Russia sanctions could be lifted ‘in months’: Kerry
DAVOS (AFP) – US Secretary of State John Kerry on Friday held out the prospect of lifting Western sanctions against Russia within months if the Minsk peace accord to end the conflict in Ukraine is fully implemented.With effort and with bona-fide legitimate intent to solve the problem on both sides, it is possible in these next months to...
Saudis slam ‘irrational’ oil price as market tanks under $27
LONDON (AFP) – The worlds biggest oil exporter Saudi Arabia declared this week that ultra-low oil prices were irrational as crude hit new 12-year lows under $27 on the global supply glut.The markets dramatic slump culminated on Wednesday with New York crude collapsing to $26.19 per barrel — a point last seen in May 2003.London Brent...
