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Grand corruption is big stumbling block for new development goals - campaigners | Reuters

Sep 5, 2015

Grand corruption is big stumbling block for new development goals - campaigners | Reuters

PUTRAYAYA, Malaysia (Thomson Reuters Foundation) - The most serious forms of corruption are one of the biggest threats to the new development goals due to be adopted by world leaders this month because they deprive the poor of millions of dollars, campaigners said. Nearly $1 trillion in illicit finance, much of it amassed by those in positions of high authority, is estimated to leave poor countries each year, money that could help replace shrinking aid budgets and support the Sustainable Development Goals (SDGs). "Grand corruption is a big problem for development because of the massive amounts of money involved," Akaash Maharaj, executive director of the Global Organisation of Parliamentarians Against Corruption (GOPAC), told the Thomson Reuters Foundation on the sidelines of an international anti-corruption conference in Malaysia #Africa #Europe #Latin America #United Kingdom #United States
Eyes on China data, rate meetings | Reuters

Sep 4, 2015

Eyes on China data, rate meetings | Reuters

LONDON China's battered stock markets reopen on Monday after a two-day public holiday and before a monthly data dump that could reinforce fears of a hard landing, rattling the global economy. #China #India #Latin America #markets #United Kingdom
Scores of migrants narrowly escaped death in packed truck - Austrian police | Reuters

Sep 4, 2015

Scores of migrants narrowly escaped death in packed truck - Austrian police | Reuters

EISENSTADT, Austria Scores of migrants being smuggled into Austria narrowly escaped death last week by breaking open their truck door with a crowbar just one day after the same gang of traffickers had abandoned a vehicle containing 71 dead refugees, police said on Friday. Austrian police provided details about the two ill-fated truck journeys from Hungary as Europe grapples with its biggest refugee crisis since the Yugoslav wars of the 1990s, spawned in large part by conflicts in the Middle East. #Africa #Austria #Crime #Europe #Greece
Iraqi army raids militia HQ, suspecting link to Turkish abductees | Reuters

Sep 4, 2015

Iraqi army raids militia HQ, suspecting link to Turkish abductees | Reuters

BAGHDAD Iraqi security forces investigating the abduction of 18 Turkish construction workers raided the Baghdad headquarters of a powerful Iranian-backed Shi'ite militia overnight, security sources and officials said on Friday. Gunmen in military uniform had seized the Turks on Wednesday from a sports stadium they were building in northeastern Baghdad, in what Ankara said appeared to have been a targeted kidnapping. [ID:nL5N1180QO] The militia, Kataib Hezbollah, did not immediately respond to requests for comment. #Business #crisis #Iran #Iraq #Islam #Turkey
Oil down with equities after U.S. jobs data; awaits rig count | Reuters

Sep 4, 2015

Oil down with equities after U.S. jobs data; awaits rig count | Reuters

NEW YORK Crude futures were down more than 1 percent on Friday, once again tracking stocks on Wall Street, as oil traders awaited a weekly reading on the U.S. drilling rig count after monthly U.S #Argentina #Business #Entertainment #Europe #Latin America #Middle East #Technology
Obama, Saudi's King Salman to discuss Yemen, Iran nuclear deal | Reuters

Sep 4, 2015

Obama, Saudi's King Salman to discuss Yemen, Iran nuclear deal | Reuters

WASHINGTON U.S. President Barack Obama said he planned to discuss Yemen, the Iran nuclear deal and other topics with Saudi Arabia's King Salman at the White House on Friday. Obama told reporters gathered in the Oval Office before the meeting that he and Salman shared the common goals of resolving the humanitarian crisis in Yemen and countering Iran's destabilizing activities in the region. #Business #Entertainment #India #opinion #United Kingdom #United States
U.S. labour market shows some muscle despite slower job growth | Reuters

Sep 4, 2015

U.S. labour market shows some muscle despite slower job growth | Reuters

WASHINGTON U.S. job growth slowed in August, but the unemployment rate dropped to a near 7-1/2-year low and wages accelerated, keeping alive prospects of a Federal Reserve interest rate hike later this month. Nonfarm payrolls increased 173,000 last month after an upwardly revised gain of 245,000 in July, the Labor Department said on Friday #Economy #Entertainment #graphics #India #Latin America #Middle East #United Kingdom