NZ Teachers, nurses, civil servants to walk off the job in biggest mass strikes in decades
Jul11

NZ Teachers, nurses, civil servants to walk off the job in biggest mass strikes in decades

A wave of strike action is surging in New Zealand, as disgruntled teachers, nurses, and government staffers prepare to walk off the job in a row over better pay. The workers reject proposals put to them by the NZ government. The first Labour Government in ten years is pointing the finger back at the Opposition, saying that “years of neglect”cannot be addressed in one go. A range of government-paid sectors have rejected this sentiment....

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‘Appreciate your allies, you don’t have many’ – EU Council President Tusk to Trump
Jul11

‘Appreciate your allies, you don’t have many’ – EU Council President Tusk to Trump

European Council President Donald Tusk called on Donald Trump to be more respectful towards America’s allies ahead of a NATO summit, arguing that they are now in short supply. “Dear America, appreciate your allies, after all you don’t have that many,” Tusk said after signing a statement on cooperation between the EU and NATO. The declaration was signed ahead of a two-day meeting of NATO members in Brussels starting Wednesday, in...

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China pledges $20 billion in loans to Middle East and aid for Palestine
Jul11

China pledges $20 billion in loans to Middle East and aid for Palestine

Beijing has prepared a package of $20 billion in loans, and about $106 million in financial aid, for Middle East nations, including Palestine, Reuters reports. The decision was announced in Beijing during a meeting between President Xi Jinping and representatives of 21 Arab nations. The financial aid from China to the Middle East is part of “oil and gas plus” model to revive economic growth in the region, Xi said. “We should treat...

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Turkey’s markets panic as Erdogan appoints son-in-law as finance minister
Jul11

Turkey’s markets panic as Erdogan appoints son-in-law as finance minister

Investors in Turkey were not impressed by President Recep Tayyip Erdogan’s decision to appoint his son-in-law Berat Albayrak as finance minister on Monday. Borsa Istanbul 100 Index was down 2.78 percent at 5pm local time (14:00 GMT) on Tuesday.  The Turkish lira dropped three percent on the news, but rebounded slightly on Tuesday. The lira is down 17 percent this year. Investors are worried that, with the appointment of Albayrak and...

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US tells rebels not to count on its help as Syrian army advances into country’s southwest – report
Jun25

US tells rebels not to count on its help as Syrian army advances into country’s southwest – report

The US military has reportedly warned the rebels it backs in Syria that it will not help them thwart a large-scale offensive of the Syrian Army, which is rapidly gaining ground in the southwest of the country. In a letter to the commanders of the Free Syrian Army (FSA), a loose umbrella group of armed rebels, Washington wrote that they should not base their decisions “on the assumption or expectation of a military intervention...

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