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SYDNEY, Australia (AFP) — Australia’s central bank hiked interest rates to a near eight-year high Tuesday as it joins others in trying to bring down sky-high inflation and warned further increases were likely that would hit families’ pockets. The Reserve Bank of Australia lifted borrowing costs 50 basis points to 2.35 per cent, the highest since that start of 2015. The path to bring prices back into balance was a “narrow one and clouded in […]
TAIPEI, Taiwan (AFP) — Taiwan said a Chinese military reconnaissance drone entered its air defense zone on Monday, the latest incursion as relations between the two neighbors remain tense. The drone, identified by Taipei’s defense ministry as a BZK-007 vehicle, crossed into the southwest corner of the island’s air defense identification zone (ADIZ) along with eight Chinese warplanes. Taiwan’s ADIZ is much larger than its airspace and overlaps with part of China’s ADIZ and even […]
But NCR inflation up to 5.7 percent in August, from 5.1 percent in July 2022 (Eagle News) – After five straight months of acceleration, headline inflation in the Philippines eased to 6.3 percent in August 2022, according to the Philippine Statistics Authority (PSA). The PSA explained the slowdown in inflation at the national level in August 2022 was primarily due to lower annual increment in the index for transport, food and non-alcoholic beverages, and information […]
Southwest monsoon affecting western sections of Northern and Central Luzon (Eagle News) — The Philippine Atmospheric Geophysical and Astronomical Services Administration is monitoring a tropical depression outside the Philippine Area of Responsibility. According to PAGASA, the tropical depression is so far located 1,680 kilometers east northeast of extreme Northern Luzon. Meanwhile, the southwest monsoon is affecting the western sections of Northern and Central Luzon. PAGASA said Western Visayas, Zamboanga Peninsula, Palawan, Occidental Mindoro, Zambales, and […]
by Poornima WEERASEKARA Agence France-Presse BEIJING, China (AFP) — Rescuers scoured through rubble for hundreds of missing people in parts of southwestern China on Tuesday after an earthquake killed more than 60, as local weather services warned rain was set to inundate the area. The magnitude 6.6 quake hit about 43 kilometers (26 miles) southeast of the city of Kangding in Sichuan province at a depth of 10 kilometers on Monday, according to the US […]
by Juan RESTREPO Agence France-Presse BUENAVENTURA, Colombia (AFP) — Colombia’s army put on a show of force at the weekend in a town whose population is at the mercy of two warring gangs. The “Shottas” and “Spartanos” gangs have been fighting for months over control of Buenaventura’s drug trafficking trade, and other illegal activities such as micro-trafficking, extortion and kidnappings. But the army has tried to assert some state control by coming out in force […]
BUSAN, South Korea (AFP) — Typhoon Hinnamnor made landfall in South Korea early Tuesday, causing power outages and leaving one person missing, but with few early reports of major damage as it headed back to sea. The typhoon, one of the most powerful to bear down on the country in decades, hit the country’s southern island of Jeju overnight before making landfall near the port city of Busan, which was battered by huge waves and […]
RIO DE JANEIRO Rio de Janeiro, Brazil (AFP) — A Brazilian Supreme Court judge on Monday temporarily suspended several provisions implemented by far-right President Jair Bolsonaro that allowed people to buy weapons, citing a “risk of political violence” during the electoral campaign. “The start of the election campaign exacerbates the risk of political violence,” which “makes the need to restrict access to weapons and ammunition extremely and exceptionally urgent,” Justice Edson Fachin wrote. Fachin said […]
by Dave JAMES Agence France-Presse NEW YORK, United States (AFP) — Rafael Nadal admitted Monday that he wasn’t sure when he will return to action after Frances Tiafoe condemned him to his earliest US Open exit since 2016. Four-time US champion Nadal, bidding for a 23rd Grand Slam title, lost 6-4, 4-6, 6-4, 6-3 in the last-16 to 26th-ranked Tiafoe. The American’s free-swinging performance conjured up 18 aces and 49 winners which flew past a […]
by Armel BAILY Agence France-Presse OUAGADOUGOU, Burkina Faso (AFP) — At least 35 civilians were killed and 37 wounded Monday when an IED blast struck a convoy carrying supplies in Burkina Faso’s jihadist-hit north, the governor of the Sahel region said. The landlocked African state is in the grip of a seven-year-old insurgency that has claimed more than 2,000 lives and forced some 1.9 million people to leave their homes. Monday’s incident took place […]
by Jonah MANDEL Agence France-Presse JERUSALEM, Undefined (AFP) — The Israeli army conceded Monday for the first time that one of its soldiers had likely shot Palestinian-American reporter Shireen Abu Akleh after having mistaken her for a militant. “There is a high possibility that Ms Abu Akleh was accidentally hit by IDF (Israel Defense Forces) gunfire that was fired toward suspects identified as armed Palestinian gunmen,” said the army’s final investigation report into her May […]
PARIS, France (AFP) — Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said Tuesday. The Centre for Research on Energy and Clean Air called for more effective sanctions against Moscow after the invasion sent oil, gas and coal prices soaring. “Surging fossil fuel prices mean that Russia’s current revenue […]
