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U.S. estimates 50,000 Islamic State fighters killed so far - U.S. official | Reuters

Updated : Dec 09, 2016

By : Reuters

Category : World

U.S. estimates 50,000 Islamic State fighters killed so far - U.S. official | Reuters

WASHINGTON The U.S. military believes that some 50,000 Islamic State fighters have been killed since the United States started battling the group more than two years ago, a senior U.S. military official said on Thursday, calling it a "conservative estimate."The official, who spoke to Pentagon reporters on condition of anonymity, said the figure showed how the United States was effectively combating the group with U.S.-led coalition airpower and limited U.S #United States #Economy #Syria #Argentina #crisis #Entertainment #article
Civil rights activist to be first Canadian woman on banknote | Reuters

Updated : Dec 09, 2016

By : Reuters

Category : World

Civil rights activist to be first Canadian woman on banknote | Reuters

OTTAWA Viola Desmond, a black businesswoman who challenged racial segregation in Canada in 1946, will be the new face of the C$10 bill, making her the first Canadian woman to be featured on a bank note.Desmond refused to leave a whites-only area of a Nova Scotia movie theatre in an incident that took place nearly a decade before Rosa Parks' refusal to move to the segregated part of a bus in the United States. #United States #Economy #India #Middle East #United Kingdom #Entertainment
Pakistan mourns 47 killed in air crash, as investigators seek answers | Reuters

Updated : Dec 08, 2016

By : Reuters

Category : World

Pakistan mourns 47 killed in air crash, as investigators seek answers | Reuters

By Mehreen Zahra-Malik and Asad Hashim | ISLAMABAD ISLAMABAD Pakistan on Thursday mourned the 47 victims of its deadliest plane crash in four years, including a famed rock star-turned-Muslim evangelist, as officials sought to pinpoint the cause of the disaster.Engine trouble was initially believed responsible, but many questions remain, stirring new worries about the safety record of money-losing state carrier Pakistani International Airlines.The ATR-42 aircraft involved in the crash had undergone regular maintenance, including an "A-check" certification in October, said airline chairman Muhammad Azam Saigol."I want to make it clear that it was a perfectly sound aircraft," Saigol said. The aircraft appeared to have suffered a failure in one of its two turboprop engines just before the crash, he added, but this would have to be confirmed by an investigation."I think there was no technical error or human error," Saigol told a news conference late on Wednesday. "Obviously there will be a proper investigation."Grief erupted online soon after flight PK661 smashed into the side of a mountain near the town of Havelian, in Khyber-Pakhtunkhwa province, on Wednesday, after taking off from the mountain resort region of Chitral. #United States #Economy #India #France #Middle East #Europe #Austria
Demonetisation day 30: Govt's digital push is good, but it also shows a changing narrative

Updated : Dec 08, 2016

By : Dinesh Unnikrishnan

Category : Business

Demonetisation day 30: Govt's digital push is good, but it also shows a changing narrative

A cost-benefit analysis of demonetisation will have to be done once the government is done with the process and that’ll happen sooner than later. #Economy #Black money #Narendra Modi #ConnectTheDots #Arun Jaitley #Demonetisation #terror-funding #Cashless transaction #digital transaction
30 days of demonetisation: Pros and cons of the Modi govt's note ban move

Updated : Dec 08, 2016

By : FP Staff

Category : Business

30 days of demonetisation: Pros and cons of the Modi govt's note ban move

Since the decision to ban high value currency notes was taken in early November, the government has tried to portray the brighter side of the note ban and its benefits on the economy in the long run. #Economy #Manmohan Singh #Black money #Reserve Bank of India #Ambit Capital #Demonetisation #Counterfeit notes #ATMs #cash availability
Demonetisation one month: Agriculture, real estate, consumer products worst affected

Updated : Dec 08, 2016

By : Sindhu Bhattacharya

Category : Business

Demonetisation one month: Agriculture, real estate, consumer products worst affected

Demonetisation has lead to a severe cash crunch, translating into untold woes for the aam aadmi even as its goal of extinguishing black money remains hazy #Economy #RBI #InMyOpinion #Cash crunch #Demonetisation #Prime Minister Narendra Modi #note ban
RBI says there is no notes shortage, but hundreds face job loss outside Delhi

Updated : Dec 08, 2016

By : IndiaSpend

Category : Business

RBI says there is no notes shortage, but hundreds face job loss outside Delhi

Demonetisation has created a cash crunch that has sent the small-scale units, which form 78% of the readymade garments sector, into disarray. #Economy #India #Business #RBI #Reserve Bank of India #NewsTracker #Noida #Unemployment #Cash crunch #Demonetisation #note ban #currency ban
Brazil's Supreme Court rules Senate president can serve out term | Reuters

Updated : Dec 08, 2016

By : Reuters

Category : World

Brazil's Supreme Court rules Senate president can serve out term | Reuters

BRASILIA Brazil's Supreme Court overturned an injunction that ordered the head of the Senate, Renan Calheiros, to step down due to an indictment for embezzlement, voting to allow him to continue in the position but not in the presidential line of succession.The majority ruling defuses a clash between the top court and the Senate that threatened to derail approval next week of a cap on spending that is the centrepiece of President Michel Temer's plan to bring a widening budget deficit under control. (Reporting by Anthony Boadle; Editing by Daniel Flynn) #Politics #Economy #India #Middle East #Entertainment #article
Exclusive: UK's lower house would back triggering EU divorce talks - Reuters research | Reuters

Updated : Dec 08, 2016

By : Reuters

Category : World

Exclusive: UK's lower house would back triggering EU divorce talks - Reuters research | Reuters

By Kylie MacLellan | LONDON LONDON While the British government tries to prevent parliament from having to pass a law to trigger the country's exit from the European Union, Reuters research indicates the lower house would in fact support it, based on lawmakers' recent statements.Prime Minister Theresa May has said she aims to launch the two-year negotiating period for the country's departure from the 28-nation bloc by the end of March and that the referendum vote in June to leave the EU provides sufficient instruction.The High Court has said parliamentary approval is required to invoke Article 50 of the EU's Lisbon treaty, governing the EU exit process. The government is challenging that decision in the Supreme Court, which began hearing the case on Monday.If the government loses, the House of Commons lower chamber could in theory block Brexit, because a majority of lawmakers supported staying in the EU at the referendum. But recent public comments made by remain-supporting lawmakers from the ruling Conservative Party and main opposition Labour Party indicate that May would have more than the number of votes the government would need to pass a Brexit bill.Their positions, set out on social media, on their own websites or in media interviews, reinforce the likelihood of Brexit, which has wide implications for the EU and beyond.They could change by the time the Supreme Court rules in January, however, and any Article 50 bill could also face trouble in parliament's upper chamber, the House of Lords, although if it blocked the bill the government could retable it.THE NUMBERS At least 64 Conservative and Labour lawmakers in the lower house have said they plan to vote to trigger Article 50 if parliament is given a say #United States #Economy #markets #House #graphics
Italy PM Renzi resigns, president to consult with parties | Reuters

Updated : Dec 08, 2016

By : Reuters

Category : World

Italy PM Renzi resigns, president to consult with parties | Reuters

ROME Prime Minister Matteo Renzi tendered his resignation to the head of state on Wednesday following a weekend referendum in which Italians resoundingly rejected his proposed constitutional reforms.President Sergio Mattarella asked Renzi to carry on in a caretaker capacity while he holds consultations with the political parties to decide the next steps, a statement from the president's office said.The consultations will begin on Thursday at 1700 GMT and are due to end on Saturday afternoon. After the consultations Mattarella is widely expected to ask a member of Renzi's cabinet, or a politician from his Democratic Party to try to form a new government. Elections are due in 2018 but many politicians are calling for them to be held earlier #United States #Economy #Business #Middle East #United Kingdom #article