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Ghana’s President Akufo-Addo says economy is in a ‘bad way’

Ghana’s President Akufo-Addo says economy is in a ‘bad way’

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ACCRA: Ghanain President Nana Akufo-Addo said in his first state of the nation address that the West African nation’s economy was in a “bad way” and the fiscal deficit for 2016 was 9 percent of GDP on a cash basis. Restoring macro-economic stability was key to addressing the biggest problem…

Football legend Pele’s son surrenders for 13-year jail term

Football legend Pele’s son surrenders for 13-year jail term

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SAO PAOLO: The son of football legend Pele turned himself in after being ordered by a Brazilian court to begin serving a nearly 13-year prison sentence for money laundering and drug trafficking. Edson `Edinho’ Cholbi do Nascimento, who briefly played for his father’s former club Santos, had so far avoided…

Why North Korea may have used VX to kill leader’s half brother

Why North Korea may have used VX to kill leader’s half brother

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SEOUL: Was it a poorly executed assassination or did North Korea want to showcase its stockpile of banned chemical weapons? The use of the highly toxic VX warfare agent to kill the estranged half brother of North Korea’s leader has raised questions about Pyongyang’s real motives in one of the…

Quake hits off Japan’s Fukushima, no tsunami risk

Quake hits off Japan’s Fukushima, no tsunami risk

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TOKYO: A 5.6-magnitude earthquake struck northeastern Japan near the disaster-hit Fukushima nuclear plant but there was no fear of a tsunami, Japanese and US authorities said. The quake struck at a depth of 42.3 kilometres (26 miles) in the Pacific Ocean 34 kilometres east-northeast of the town of Namie, the…

Tom Perez elected US Democratic party chairman

Tom Perez elected US Democratic party chairman

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ATLANTA: US Democrats elected former Labor Secretary Tom Perez as chairman, choosing a veteran of the Obama administration to lead the daunting task of rebuilding the party and heading the opposition to Republican President Donald Trump. Members of the Democratic National Committee, the administrative and fundraising arm of the party,…

US Senate confirms billionaire investor Wilbur Ross as commerce secretary

US Senate confirms billionaire investor Wilbur Ross as commerce secretary

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WASHINGTON: The Senate confirmed billionaire investor Wilbur Ross as commerce secretary as President Donald Trump adds to his economic team. Breaking with Republican orthodoxy, Ross said the Trump administration will work quickly to re-do the North American Free Trade Agreement. That’s the massive trade pact with Canada and Mexico that…

Suspect in Kansas shooting appears in court

Suspect in Kansas shooting appears in court

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HOUSTON: Adam Purinton, the man charged with killing Indian techie Srinivas Kuchibhotla and injuring two others in an apparent hate crime at a pub in Kansas, has made his first court appearance. The US Navy veteran, appeared before a court here. Michelle Durrett from the Johnson County Public Defenders Office…

Russia pledges to veto UN sanctions resolution on Syria

Russia pledges to veto UN sanctions resolution on Syria

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UNITED NATIONS: Russia pledged to veto a Western-backed UN resolution that would impose sanctions on 21 Syrian individuals, organizations and companies allegedly involved in chemical weapons attacks in the war-ravaged country. The draft Security Council resolution would also ban all countries from supplying Syria’s government with helicopters, which investigators have…

Jayawardene replaces Ponting as Mumbai Indians head coach

Jayawardene replaces Ponting as Mumbai Indians head coach

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MUMBAI: Former Sri Lanka captain Mahela Jayawardene has replaced Ricky Ponting as the head coach of Mumbai Indians for the upcoming Indian Premier League (IPL). Jayawardene’s appointment has come in the wake of Ponting’s contract coming to a close. The former Australia captain was Mumbai Indians chief coach for the…

Kevin Pietersen pulls out of IPL-10 owing to excess cricket

Kevin Pietersen pulls out of IPL-10 owing to excess cricket

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LONDON: Maverick England batsman Kevin Pietersen pulled out of the Indian Premier League, announcing that he has withdrawn himself from the players’ auction owing to his hectic schedule of the past few months. “FYI – I won’t be going into the IPL auction. My winter has been too busy with…

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