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ROME, Italy (AFP) — Italy will pay up to 17 billion euros ($19 billion) to break up two insolvent Venetian banks, which have posed a threat to the country’s banking system, the government announced Sunday. Both face bankruptcy and European authorities had urged Italy to devise a rescue framework, selling off the good assets of the stricken Banca Popolare di Vicenza and Veneto Banca and transferring their toxic assets to a “bad bank,” essentially financed […]
by Becky Davis Agence France Presse Rescuers kept digging through rocks and earth for more than 90 people still missing Sunday after a huge landslide entombed a village in southwest China, but some relatives lost hope of finding them alive. At least 10 people have been confirmed dead, a day after the avalanche of rocks buried 62 homes in Xinmo, a once-picturesque mountain village nestled by a river in Sichuan province, the local government said. […]
BRISBANE, Australia (AFP) — Boxing great Manny Pacquiao arrived in Australia ahead of his title fight with Jeff Horn and declared: “I will be going home as world champion.” The “Pac Man” touched down in Brisbane late Saturday from Manila with a large entourage for his World Boxing Organization welterweight title bout at Suncorp Stadium in Brisbane next weekend. “In all my years of boxing, I have never been as motivated and fired up as […]
An eight-hour ceasefire in Marawi came to an abrupt end Sunday afternoon as the government continued its offensive against Islamist militants occupying parts of the city. Assaults backed by air and artillery bombardment had stopped at 6am but gunfire broke out as soon as the truce ended around 2pm, AFP reporters in Marawi said. Regional military commander Lieutenant General Carlito Galvez said the truce also allowed five Muslim religious leaders to enter ground zero and […]
(Eagle News) — Trust in the government’s security forces are at record-high levels based on a recent Social Weather Stations survey. A whopping 75 percent of adult Filipinos have “much trust” in the Armed Forces of the Philippines, or a net trust score of +66 or “very good,” according to the survey conducted from March 30 to April 2. Sixty nine percent of adult Filipinos, on the other hand, have “much trust” in the Philippine […]
PESHAWAR, Pakistan (AFP) — The death toll from multiple attacks in Pakistan rose to 57, officials said Saturday, a day after the bomb and gun assaults in three cities shook the country as it prepared to mark the end of Ramadan, Islam’s holiest month. Officials in Quetta said the number of dead had risen by one to 14 after a blast in the southwestern city which targeted police. Ten policemen were among those killed. […]
PARIS, France (AFP) — Journalist Veronique Robert, wounded in the same landmine blast that killed two colleagues in the Iraqi city of Mosul earlier this week, has died, employers France Televisions announced Saturday. Robert had been operated on in Iraq and then flown back for treatment in France overnight Thursday to Friday, but died of her wounds, the public broadcaster said in a statement. French colleague Stephan Villeneuve, 48, and Iraqi Kurdish reporter Bakhtiyar […]
(Eagle News) — Malacanang is verifying reports that 89 foreign terrorists have entered the country. Presidential spokesperson Ernesto Abella said that foreign terrorists may have entered the backdoor where the point of entry is Mindanao via Indonesia or Malaysia. “This is the purpose why we are making a collective effort against terrorism and violent extremism through a trilateral cooperation with Indonesia and Malaysia,” he said. The Philippines, Indonesia and Malaysia have recently beefed up […]
The military on Saturday said it was verifying reports Isnilon Hapilon has escaped Marawi. Hapilon, a veteran Filipino militant who claims to be the leader of the Islamic State (IS) group in Southeast Asia, has not been seen in the battle zone, said Lieutenant General Carlito Galvez, head of the military’s Western Mindanao Command. An attempt by government troops to arrest Hapilon in Marawi on May 23 triggered a rampage by Islamist militants flying black […]
by Ludovic Ehret Agence France Presse At least five people were found dead and over 120 remained missing hours after a massive landslide buried a mountain village in southwest China on Saturday as rescuers scoured through rocks for survivors. A couple and a baby were rescued and taken to hospital after dozens of homes in the village of Xinmo were swallowed by boulders when the side of a mountain collapsed, according to the local Maoxian, […]
By: Adrian Manguit, EBC Sports International, Florida Bureau How many championships do you have to win the become the highest-paid player in the NFL? Zero. How many playoff games would you have to win to become the highest-paid player in the NFL? Zero. Do you even have to be ranked within the top 5 quarterbacks by football metrics, experts or pundits? No. Just ask Raider’s quarterback David Carr as he becomes the highest-paid player in […]
Stresses importance of united front to fight int’l terrorism based on Russia’s experience QUEZON CITY, Philippines (Eagle News) — Russian ambassador to the Philippines H. E. Igor Khovaev said Russia “fully supports” the Philippine government’s fight against terrorism in Mindanao, saying the terrorist attack in Marawi City was “an attack on all of us.” “I would like first to emphasize that we fully support a fair, legitimate struggle for the Philippine nation against […]
