Category Archives: Middle East

Dollar extends yen gains in Asia as Fed, BoJ diverge

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Dollar extends yen gains in Asia as Fed, BoJ diverge

The dollar built on gains against the yen Thursday after the Federal Reserve unveiled plans to wind down its crisis-era stimulus and hinted at another interest rate hike before the end of the year. Fed boss Janet Yellen said the world’s biggest economy was “performing well” while it emerged after a closely watched meeting that most members of the policy board wanted to lift borrowing costs by December. “It doesn’t get any more brazenly hawkish from Dr Yellen, who along with the majority of her colleagues is clearly in the December rate hike camp and the markets are …read more

Raqqa campaign in final stages, SDF says

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Raqqa campaign in final stages, SDF says

The U.S.-backed Syrian Democratic Forces (SDF) said on Wednesday its campaign to capture Raqqa from Islamic State (IS) was in its final stages and its fighters had seized 80 percent of the city. In its fight against a separate operation waged by the Syrian army and its allies, Islamic State has collapsed along the west bank of the Euphrates downstream of Raqqa, the Syrian Observatory for Human Rights said on Wednesday. IS has lost swathes of territory in Syria this year, attacked from the north by the SDF and from the west by the Syrian army, which has …read more

U.S. must suffer 'painful responses' from Iran after Trump speech: Guards chief

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U.S. must suffer 'painful responses' from Iran after Trump speech: Guards chief

The head of Iran’s Revolutionary Guards said on Wednesday that the United States should experience “painful responses” following President Donald Trump’s harsh criticism of Tehran at the United Nations. In his first speech to the U.N. General Assembly on Tuesday Trump called Iran “a corrupt dictatorship” and accused it of supporting terrorism and destabilizing the Middle East.

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Togo security forces clash with protesters in north, boy killed

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Togo security forces clash with protesters in north, boy killed

By John Zodzi and Henry Wilkins LOME (Reuters) – Security forces in Togo used batons, tear gas and live bullets against protesters seeking an end to President Faure Gnassingbe’s rule on Wednesday and a child was killed in the ensuing clashes, according to Amnesty International. Tensions are mounting over the president’s tenure and thousands marched nationwide against government reforms announced on Tuesday which they say will allow the Gnassingbe family dynasty to run the West African country until 2030. Security Minister Damehame Yark confirmed that a child had been shot dead in Mango, hundreds of kilometres north …read more

Mexico City earthquake: Volunteers create giant human chain spanning four blocks to rescue trapped victims

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The 7.1 magnitude earthquake that hit the city on Tuesday decimated around 40 buildings, Mexico City Mayor Miguel Angel Mancera said. At the site of one collapsed apartment building, dozens of volunteers formed an assembly line to pass rubble out of the area. One man, an army reservist named Manuel Mavroleon Aguayo, told the BBC he had joined a team that pulled seven bodies out of a ruined building.

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Togo security forces clash with protesters in north, boy killed

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Togo security forces clash with protesters in north, boy killed

By John Zodzi and Henry Wilkins LOME (Reuters) – Security forces in Togo used batons, tear gas and live bullets against protesters seeking an end to President Faure Gnassingbe’s rule on Wednesday and a child was killed in the ensuing clashes, according to Amnesty International. Tensions are mounting over the president’s tenure and thousands marched nationwide against government reforms announced on Tuesday which they say will allow the Gnassingbe family dynasty to run the West African country until 2030. Security Minister Damehame Yark confirmed that a child had been shot dead in Mango, hundreds of kilometres north …read more

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