Saturday, 24 August 2019

Reuters

As forest fires rage, experts worry about the future of the Amazon

There are more than 165,000 fires burning in the Amazon rainforest – and a significant number of them, more than 75,000, are burning in Brazil. The Amazon spans more than 5.5 million square kilometres, is home to roughly 40,000 plant species, 1,300 bird species and 2.5 million species of insects. ...

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GSK long-acting HIV injection succeeds in study

GlaxoSmithKline’s prospective two-monthly two-drug injection to treat HIV was as effective as a monthly dose of the same regimen in maintaining viral suppression at 48 weeks in a late-stage study, the British drugmaker said. The long-acting needle-based combination of its drug cabotegravir and Janssen’s treatment rilpivirine met its main goal ...

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Court sends India’s ex-finance minister into police custody

NEW DELHI: An Indian court ordered a former finance minister into police custody for questioning for four days, in a case stemming from government approval of foreign investment in a local media company, a judge said. The rare action against P. Chidambaram, a top leader of the main opposition Congress ...

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Johnson tells EU he wants Brexit deal but without backstop

LONDON: British Prime Minister Boris Johnson wrote Monday to EU President Donald Tusk reaffirming his desire to conclude a Brexit deal as well as his opposition to the controversial “backstop” on Ireland. The so-called backstop is a mechanism that would keep the UK in EU customs arrangements to prevent a ...

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Mentally stable Americans should be able to own guns: Trump

WASHINGTON: US President Donald Trump said Wednesday that all “mentally stable” Americans should be able to own firearms amid reports he retreated on plans to toughen gun purchase background checks in the wake of a string of mass shootings. “I want guns in the hands of people that are mentally ...

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Steve Waugh wowed by deceptive Archer’s ‘X-factor’

LONDON: England fast bowler Jofra Archer has the “X-factor” that unsettles opposition batting lineups, said former Australia captain Steve Waugh who believes the evenly-balanced Ashes series would be decided by a few key moments. Archer made his test debut in the drawn second match at Lord’s and produced several spells ...

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RBNZ 50 bp cut reduced chance of unconventional policy tools

WELLINGTON: The Reserve Bank of New Zealand’s (RBNZ) assistant governor Christian Hawkesby said in a speech released on Wednesday that the bank’s recent rate cut would likely avoid the use of unconventional monetary policy tools. “A more decisive action now gave inflation the best chance to lift earlier, reducing the ...

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Pakistan to take Kashmir dispute with India to International Court of Justice

ISLAMABAD: The government announced it would take the Kashmir dispute with India to the International Court of Justice, after New Delhi revoked special status for occupied Kashmir earlier this month, to the fury of Islamabad. “We have decided to take Kashmir case to the International Court of Justice,” Foreign Minister Shah Mehmood ...

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Chile says economy grows 1.9pc in Q2 of 2019

SANTIAGO: Chile’s gross domestic product grew 1.9 percent in the second-quarter of 2019 compared with a year earlier, the central bank said on Monday, as slumping global trade and falling copper prices continue to take their toll. Chilean officials have been downgrading expectations for growth for months amid a mining ...

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Standard Chartered faces fine for sanctions breaches

LONDON: Banking group Standard Chartered (STAN.L) is facing a fine for failing to prevent sanctions breaches, Sky News reported. Britain s Office of Financial Sanctions Implementation, which includes police and intelligence officers as well as finance ministry officials, has notified the lender that it aims to impose a penalty of ...

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