Tag Archives: World

Spain: PM says economy on track to expand 2.9 pct this year, and grow another 2.9 pct in 2016

MADRID – Spain’s prime minister says the country’s economy is on track to grow 2.9 percent this year and expand an additional 2.9 percent in 2016. Mariano Rajoy gave the upbeat assessment a month before his party is expected to face a tough challenge in nationwide regional and local elections …

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Oil company Shell sees revenue plunge due to slide in energy prices, looks to sell more assets

LONDON – Oil company Royal Dutch Shell says its first quarter profit rose 7 percent, mainly due to the fact that year-earlier figures were weighed down by one-time charges. Sales fell sharply because of lower oil prices. The current cost of supplies, a measure of profit used in the industry …

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Rebels kill 8 paramilitary soldiers in India's troubled northeast

GAUHATI, India – Police say suspected rebels have ambushed and killed eight Indian paramilitary soldiers in insurgency-wracked northeast. A police officer says rebels armed with automatic weapons fired at two trucks carrying the soldiers in Nagaland state on Sunday. Another six soldiers were injured and four were missing in Mon …

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UK trader accused in 2010 Wall Street 'flash crash': I was just good at my job

LONDON – A British financial trader accused of setting off a “flash crash” in U.S. stocks in 2010 from his London home claims he was just good at his job. Navinder Singh Sarao, 36, is fighting extradition to the U.S. and appeared at a London court Wednesday. He failed in …

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Spain's indicted princess present list of assets to be blocked, seeks bail reduction

MADRID – Princess Cristina has presented a list of assets that will be blocked in order to cover her 2.7 million euros ($3 million) bail fee while she awaits trial on tax fraud charges. A court in Palma de Mallorca said the princess filed the list before the Friday afternoon …

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Mayoral candidate shot to death in Mexico's restive Michoacan state; 2nd killing this month

MEXICO CITY – A Mexican political party says one of its members running for mayor in a town in the restive state of Michoacan was shot to death during a political rally. It was the second killing of a candidate in western Mexico this month heading into the country’s midterm …

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UK military, police seek Royal Navy submariner who warned of Trident nuclear fleet dangers

LONDON – British military and civilian police are trying to locate a Royal Navy submariner who went missing after warning about lax safety and security procedures in the country’s nuclear fleet. Able Seaman William McNeilly on Sunday released an 18-page report via the WikiLeaks website filled with numerous allegations about …

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German police: 14 Indonesian students rescued by helicopter after being stranded on Alps hike

BERLIN – Police in the southern German region of Bavaria say their biggest-ever helicopter rescue operation saved 14 Indonesian students who misjudged the weather during a spring hike in the Alps. The 23- to 25-year-old-students called for help late Sunday after becoming lost amid heavy snowfall at an altitude of …

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Germany starts paying additional financial assistance to child survivors of Holocaust

BERLIN – Child survivors of the Holocaust have begun receiving additional financial assistance from Germany under a landmark agreement reached last year. The Conference on Jewish Material Claims Against Germany said Wednesday the $190 million fund represents symbolic financial compensation to acknowledge the unique trauma and hardship endured by child …

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Qatar says it will go forward with plans to host World Cup despite corruption investigations

DOHA, Qatar – Qatar says it will go forward with its plans for the 2022 World Cup despite a Swiss investigation into allegations of wrongdoing during the vote to award the tournament to the Gulf nation. The Supreme Committee for Delivery and Legacy, which is leading Qatar’s development of World …

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