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Eurozone deflation eases, unemployment drops: Eurostat
Deflation in the eurozone eased in March, official data showed Tuesday, reducing concerns that the economy faces a dangerous spiral after four straight months of falling consumer prices. The threat of deflation in the eurozone remains a global concern, with fears that a huge bond-buying spree by the European Central Bank came too late to fight off the negative effects of falling prices. In January, the ECB set out its huge bond-buying programme, an audacious and controversial scheme to ward off deflation and stimulate growth in the eurozone, which expanded a weak 0.9 percent in 2014. On Monday, Fitch ratings agency said a renewed eurozone debt crisis was the biggest risk to the global economy, even greater than unstable oil prices and despite the ECB's quantitative easing programme.
Tue, 31 Mar 2015 05:35:55 -0400
IS 'executes at least 30 civilians' in central Syria
The extremist Islamic State group Tuesday executed at least 30 civilians, including two children, in a raid on a regime-held village in Syria's central province of Hama, a monitor said. IS "executed at least 30 people, including women and children, by burning, beheading, and firing on them" in the village of Mabujeh, said Rami Abdel Rahman, director of the Syrian Observatory for Human Rights. IS has regularly targeted minority sects in Syria, especially Shiite Muslims it accuses of apostasy, as well as Sunnis who it alleges have violated its interpretation of the religion.
Tue, 31 Mar 2015 05:34:47 -0400
Officials: Iran nuke talks to continue in new phase
LAUSANNE, Switzerland (AP) Wrapping up six days of marathon nuclear talks with mixed results, Iran and six world powers prepared Tuesday to issue a general statement agreeing to continue negotiations in a new phase aimed at reaching a comprehensive accord by the end of June, officials told The Associated Press on Tuesday.
Tue, 31 Mar 2015 05:29:12 -0400
Anti-censorship group: China behind cyberattacks on US sites
BEIJING (AP) Chinese authorities have taken over computers both inside and outside the country to launch cyberattacks against the website of an anti-online censorship group and a U.S.-based web resource that hosts some of the group's data, according to an analysis released by the group. Tue, 31 Mar 2015 05:25:22 -0400
Anne Frank House museum: Jewish diarist likely died earlier
THE HAGUE, Netherlands (AP) New research by the Anne Frank House museum shows that the Jewish girl whose World War II diary about her life hiding made her a symbol for all Holocaust victims likely died earlier than previously thought. Tue, 31 Mar 2015 05:23:57 -0400
Unease about immigration at core of UK election campaign
Global stocks mostly gain on economic data, China hopes
Eurozone deflation eases as oil prices appear to bottom out
BRUSSELS (AP) Official figures show consumer prices across the 19-country eurozone fell by only 0.1 percent in the year to March, raising hopes that this current bout of deflation may soon come to an end. Tue, 31 Mar 2015 05:05:16 -0400
Several Turkish cities hit by power outage
ANKARA, Turkey (AP) Officials say a glitch at Turkey's electricity power transmission network has caused power outages in several cities, including Istanbul and the capital Ankara. Tue, 31 Mar 2015 05:03:39 -0400
Kuwait opens Syria donor conference with $500 million pledge