CARACAS, Venezuela (Reuters) — Venezuelan President Nicolas Maduro on Wednesday (February 17) devalued the currency and raised heavily subsidized fuel prices in an effort to stem a widening economic crisis, though critics of the socialist leader quickly dismissed the moves as insufficient. The measures are meant to help shore up the OPEC nation’s finances as plummeting oil prices and a collapsing state-led economic model have left the country with a severe recession, triple-digit inflation and […]
International
500 rebels cross Turkish border towards Syrian town of Azaz: Observatory
BEIRUT, Lebanon (AFP) — At least 500 rebels on Wednesday crossed the Turkish border heading for the Syrian town of Azaz in northern Aleppo province, a monitor said, where opposition forces have suffered setbacks at the hands of Kurdish forces. “At least 500 rebels have crossed the Bab al-Salam border crossing on their way to the town of Azaz, from which they want to help the insurgents in the face of gains made by Kurdish […]
Tusk warns ‘no guarantee’ of Brexit deal as Merkel backs Cameron
BRUSSELS, Belgium (AFP) — European Council head Donald Tusk warned Wednesday there was “no guarantee” EU leaders would clinch a deal to keep Britain in the bloc at a crucial summit, as German Chancellor Angela Merkel backed London’s demands for reform. Only hours before the make-or-break summit in Brussels, which he will chair, Tusk said: “After my consultations in the last hours I have to state frankly — there is still no guarantee that we will […]
Blast hits Turkish cultural center in Sweden
STOCKHOLM, Sweden (Reuters) — An explosion severely damaged part of a building that housed a Turkish cultural association in a Stockholm suburb late on Wednesday (February 17) but no one was injured, police said. Police said all the windows of the center were blown out and that technicians were on site to investigate the cause. The center was located in the basement of a building in Fittja, in southwest Stockholm. A police spokesman said no […]
US, ASEAN leaders issue Sunnylands declaration at the end of Summit
(LOS ANGELES, California) — The leaders of the United States and the Association of Southeast Asian Nations (ASEAN) concluded their Special US-ASEAN Summit by issuing a joint statement titled the Sunnylands Declaration. President Benigno S. Aquino III attended the first standalone summit between US President Barack Obama and Southeast Asian leaders held at the Sunnylands estate in Rancho Mirage. The summit was divided into two sessions focusing on promoting an innovative, entrepreneurial ASEAN Economic Community; […]
Panic and horror strike again in Turkey’s jittery capital
ANKARA, Turkey (AFP) — It started with a rumble that sounded like thunder or an earthquake, sending startled residents rushing to their balconies, who watched in horror as plumes of smoke rose over central Ankara. It wasn’t long before their worst fears were confirmed: Turkey’s capital, still reeling from twin blasts that killed over 100 last year, had been hit again. Sirens blaring, ambulances and police cars raced to the scene of the explosion […]
Car bomb kills at least 28 in Ankara
ANKARA, Turkey (CCTV/Reuters) — A car bomb attack killed at least 28 people in the Turkish capital of Ankara on Wednesday night. The explosion, which targeted an army convoy, also injured at least 61 people, Turkey’s Deputy Prime Minister Numan Kurtulmus said at a press conference after the attack. A local resident named Noury was only 300 meters away from the explosion site when the bomb went off, having driven past just 20 seconds earlier. […]
Japan launches satellite to study black holes
TOKYO, Japan (AFP) — Japan successfully launched a jointly developed space observation satellite on Wednesday tasked with studying mysterious black holes, the country’s space agency said. The ASTRO-H satellite, developed in collaboration between the agency, NASA and other groups, is set to orbit at an altitude of about 580 kilometres (360 miles) and observe X-rays emanating mainly from black holes and galaxy clusters. The satellite was carried out by the country’s mainstay H-IIA rocket, which […]
Beijing deploys missiles on disputed island: Taiwan
by Ben Dooley BEIJING, China (AFP) — China has deployed surface-to-air missiles on a disputed island in the South China Sea, Taiwan said Wednesday, as Beijing insisted it had a right to build “self-defence” systems in the strategic region. Taiwan’s defence ministry confirmed the facility’s existence after Fox News reported missile launchers had arrived on Woody Island, part of the Paracels chain, in the past week. The report came as President Barack Obama called for […]
China says missile deployment reports are creations of some Western media
BEIJING, China (Reuters) — Reports that China has deployed an advanced surface-to-air missile system to one of the disputed islands it controls in the South China Sea have been created by certain Western media, the country’s foreign minister said on Wednesday (February 17). “This is something that we were just being told several minutes ago that there are reports like that. And we believe that this is an attempt by certain Western media to create […]
Airbus wins $1.85 billion order from Philippine Airlines
SINGAPORE (AFP) — European plane-maker Airbus said Wednesday it had won a $1.85 billion deal for the purchase of six A350-900s by Philippine Airlines (PAL), flag-carrier of one of Asia’s fastest growing economies. PAL also has the option to purchase an additional six of the aircraft, the two companies announced at the Singapore Airshow. Separately, PAL also signed a $600-million order with Rolls-Royce for Trent XWB engines to power the six A350s, the airline said […]
US-ASEAN trade increases
CALIFORNIA, United States of America – According to United States President Barack Obama, the trade between his country and the Association of South East Asian Nations experienced a growth of 55% since 2009. ASEAN is currently the fourth largest economic partner of the United States. (Eagle News Service Described by Jay Paul Carlos, Video Editing by Jericho Morales, Uploaded by MRFaith Bonalos) https://youtu.be/S_4kmyg6d5M