JOHANNESBURG, (MILLAT+APP/AFP) – South Africa’s economy could be dealt a damaging blow later Friday when the Standard & Poor’s rating agency is due to release an assessment that may downgrade its foreign currency debt to junk status. S&P currently has South Africa — the continent’s most developed economy –rated at the lowest investment grade, one […]
International News
S.Africa braces for possible S&P junk credit rating
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Chaos at protest over Taiwan holiday cuts
TAIPEI, (MILLAT+APP/AFP) – Protests outside Taiwan’s parliament descended into chaos on Friday as workers angry over a proposed cut to public holidays attacked a lawmaker and threw smoke bombs. The controversial amendment to the labour law has already sparked a number of rallies and a hunger strike, with protesters accusing new President Tsai Ing-wen of […]
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UN chief Ban apologizes to Haitian people over cholera epidemic
UNITED NATIONS, United States, (MILLAT+APP/AFP) – UN Secretary General Ban Ki-moon on Thursday apologized for the first time to the people of Haiti for the role played by the world body’s peacekeepers in sparking a devastating cholera epidemic in the country. “On behalf of the United Nations, I want to say very clearly we apologize […]
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Trump pledges to unite ‘very divided nation’ at 1st victory rally
CINCINNATI, (MILLAT+APP/AFP) – Donald Trump pledged at his first post-election victory rally Thursday to heal America’s deep wounds, saying the country had no choice but to come together and reject bigotry. “We’re a very divided nation. But we’re not going to be divided for long,” the president-elect told thousands of supporters at an arena in […]
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Brazil executives in graft probe agree major plea deal: source
BRASMLIA, (MILLAT+APP/AFP) – Scores of executives at a Brazilian construction firm embroiled in a huge corruption scandal have agreed to a plea deal, a source close to the company said Thursday, raising the prospect of politically explosive revelations. The affair involving the construction firm Odebrecht and state oil giant Petrobras threatens to implicate conservative President […]
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Six dead in Austria suspected family shooting
VIENNA, (MILLAT+APP/AFP): The death of six people including three children from the same Austrian family is being treated as a domestic shooting, prosecutors said Thursday after police found the bodies. The corpses were discovered in the family’s home in Boeheimkirchen, a town 55 kilometres (34 miles) west of Vienna. “The alert was raised by the […]