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North Korean leader receives 'excellent' letter from Trump: KCNA

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North Korean leader receives ‘excellent’ letter from Trump: KCNA

Wang Ruo - June 23, 2019

NORTH KOREAN North Korean leader Kim Jong Un received a personal letter of "excellent content" from US President Donald...

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WFP triples food aid to DR Congo amid worsening hunger crisis

July 3, 2019

sky news africa Global stock markets and oil prices plunged Monday as panicked investors bolted into safer assets such as gold after China warned that the spread of a deadly new coronavirus was accelerating. China extended its traditional Lunar New Year holidays to buy time in the fight against the epidemic, prompting neighbouring Mongolia to close its border after the death toll spiked to 81 despite unprecedented quarantine measures. Fears of a repeat of the 2003 SARS outbreak, which also began in China, spooked investors who only recently pushed markets to record highs -- meaning there was plenty of room for a reverse. All sectors were hit but luxury goods makers and airlines suffered particularly as Chinese tourist spending is a key factor for them. Wall Street opened lower, quickly losing nearly two percent as the global sell-off continued, adding to the pressure on Europe. In mid-afternoon trade in Europe, London was down some 2.2 percent, with Paris and Frankfurt doing even worse with losses of some 2.6 percent each. Oil prices were down around 2.5 percent, coming off early lows hit on concerns over demand from the world's top energy consumer China. - 'Major panic' - "Market participants in Europe have grave concerns about coronavirus," said Ava Trade analyst Naeem Aslam. "The bottom line is that the virus has become deadly and it has caused a major panic in markets." Chinese President Xi Jinping warned over the weekend that China was facing a "grave situation" given the "accelerating spread" of the new SARS-like virus that has infected nearly 3,000 people across the country. Analysts said there were growing fears the crisis could become as bad as the Severe Acute Respiratory Syndrome (SARS) outbreak that hammered markets and the global economy in 2003. "Coronavirus fears have gripped the markets... as all the major European equity benchmarks are nursing big losses," said analyst David Madden at trading firm CMC Markets UK. "Stocks that are connected to China are feeling the pain... as traders are afraid the health crisis will curtail economic activity." The outbreak has led China to lock down the epicentre of the disease, Wuhan -- a city of 11 million people -- while imposing tight travel restrictions on a number of other cities including Beijing. The move comes during the Lunar New Year holiday when hundreds of millions of people criss-cross the country and spend billions of dollars. The government decided late Sunday it would extend the holiday and related school closures beyond the January 30 end date to "reduce population flows", state media said. Most Asian markets were closed for the Lunar New Year break but Tokyo was open and fell two percent. Bangkok plunged nearly three percent on worries about the Thai travel sector. AFP / Behrouz MEHRI Tokyo stocks fell while other Asian markets were closed The flight to safety saw the yen rally against the dollar, with the unit now up more than one percent from eight-month lows touched earlier this year. Gold, another go-to asset in times of turmoil and uncertainty, is heading back towards $1,600 per ounce and the six-year peaks touched at the start of January. While the main focus is on the spread of the virus, traders will also be keeping an eye on the release of earnings this week from top companies including Apple, Facebook and Samsung. The oil market had already tumbled more than six percent last week owing to concerns about the effects on demand in China, which is the world's number two economy after the United States. - Key figures around 1430 GMT - London - FTSE 100: DOWN 2.17 percent at 7,421.71 points Frankfurt - DAX 30: DOWN 2.52 percent at 13,234.06 Paris - CAC 40: DOWN 2.58 percent at 5,869.95 New York - DOW: DOWN 1.5 percent at 28,543.75 EURO STOXX 50: DOWN 2.41 percent at 3,687.90 Brent Crude: DOWN 2.57 percent at $58.35 per barrel West Texas Intermediate: DOWN 2.40 percent at $52.89 Tokyo - Nikkei 225: DOWN 2.0 percent at 23,343.51 (close) Hong Kong - Hang Seng: Closed for a public holiday Shanghai - Composite: Closed for a public holiday Dollar/yen: DOWN at 108.94 yen from 109.28 yen Friday Euro/dollar: DOWN at $1.1015 from $1.1025 Pound/dollar: DOWN at $1.3060 from $1.3073 Euro/pound: UP at 84.37 pence from 84.34 pence

Stocks, oil prices tumble as deadly China virus rattles markets

January 27, 2020

sky news africa During the first seven months of this year, 288 civilians were killed by government forces, more than a quarter of the total civilian deaths caused by violence, according to the Armed Conflict Location and Event Data Project, which collects and analyzes conflict information. The trend is specifically jarring in Burkina Faso’s east, where the number of civilians killed by government forces has swelled by almost nine times so far this year compared to the second half of last year, according to the ACLED data. The men who spoke with the AP in Fada N’gourma town said they were abducted from their homes by government soldiers backed by volunteer fighters from the local area. The military forces put the men into trucks and drove them around for hours while torturing them, the men told AP. The incident comes on the heels of a Human Rights Watch report last month that said evidence suggested the army was responsible for the large scale executions of 180 people in the country’s north found in mass graves. The majority of the victims in the graves were also ethnic Peuhl herders. The government did not respond to requests by the AP seeking comment about the alleged attacks in June. The ministry of defense has previously suggested such killings could have been carried out by groups using stolen army uniforms and equipment. Foreign embassy cables from June seen by the AP say that President Roch Marc Christian Kabore appeared defensive when questioned about the abuses. The president said security forces were having a hard time finding “real terrorists” who infiltrate communities. In June, jihadists disguised in burqas killed seven people in a village not far from Fada N’Gourma, said a high-ranking army officer who did not want to be named. Sometimes the jihadists pretend to be cattle or food traders so they can spy, he said on condition of anonymity due to the sensitivity of the matter. Civilians trying to survive in the east say they’re caught between government and volunteer brutality, as well as jihadist attacks. Ousmane Bande lost his son in the June attacks with government soldiers, his 17-year-old nephew was killed days later at a checkpoint manned by volunteers, not far from Fada N’gourma. Wrapping his prayer beads around his fingers, he said it’s hard to see his nine grandchildren now have to grow up without a father. “I’m suffering,” he said. “The government needs to find a way to bring back peace.”

Burkina Faso army blamed for extrajudicial torture, deaths

August 24, 2020

Three days old baby stolen in Nigeria’s Plateau hospital

Three days old baby stolen in Nigeria’s Plateau hospital, mother laments

June 13, 2019

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