Italian Companies Hit By High Energy Costs, Inflation Expectations: Central Bank

ROME, Oct 11 (NNN-XINHUA) – Sentiment among Italian businesses worsened in the third quarter, the Bank of Italy’s latest survey revealed yesterday. Declining confidence among businesses is due to expectations of high inflation, which has damaged the country’s economic outlook in recent months, and is set to continue well into…

UK Brings Forward Debt-Cutting Plan To End Of Oct

LONDON, Oct 11 (NNN-XINHUA) – Responding to mounting pressure, the United Kingdom (UK) Treasury, decided yesterday, to bring forward the date of its debt-cutting plan, alongside forecasts for public finances, to Oct 31. Announcement of the medium-term fiscal plan, with an economic and fiscal forecast, by the independent fiscal watchdog…

Argentine President Reshuffled Cabinet

BUENOS AIRES, Oct 11 (NNN-TELAM) – Argentine President, Alberto Fernandez, reshuffled his cabinet yesterday, appointing three new women ministers, the office of the presidency said. Fernandez “has called on three women of different ages, geographic origins and extensive experience in their fields, to be part of his cabinet, in order…

Guatemala Declared State Of Calamity In Aftermath Of Tropical Storm Julia

GUATEMALA CITY, Oct 11 (NNN-PRENSA LATINA) – Guatemalan President, Alejandro Giammattei, declared a state of calamity yesterday, to address the damage caused by tropical storm Julia, now downgraded to a tropical depression. The decision, made during a cabinet meeting, will be sent to congress for ratification in the coming days,…

Death Toll From Venezuela Landslide Rose To 36

CARACAS, Oct 11 (NNN-ABN) – The weekend landslide in Venezuela’s north central state of Aragua, has killed 36 by yesterday afternoon, with 56 persons still missing, Minister for Internal Relations, Justice, and Peace, Remigio Ceballos, said. The Venezuelan government has distributed 300 tonnes of food and water in the affected…

Iran, Russia To Connect Bank Card Networks: Minister

TEHRAN, Oct 11 (NNN-IRNA) – Iran’s Minister of Economic Affairs and Finance, Ehsan Khandouzi, said yesterday that, the bank card networks of Iran and Russia, will hopefully be connected within the next few months, according to Hamshari Online news website. “Good negotiations have been held between the Iranian and the…

Iran Warned U.S., Europe Not To Link Nuclear Talks To Internal Issues

TEHRAN, Oct 11 (NNN-IRNA) – Iranian Foreign Ministry Spokesman, Nasser Kanaani, warned the U.S. and Europe, not to associate Iran’s recent internal problems with the nuclear talks. “We believe that the internal issues is related to the (Iranian) government and the people of Iran, and we do not allow any…

Oil Prices Dip In U.S. After Upbeat Week

NEW YORK, Oct 11 (NNN-XINHUA) – Oil prices fell yesterday, snapping a five-day winning streak. The West Texas Intermediate (WTI) for Nov delivery, decreased 1.51 U.S. dollars, or 1.6 percent, to settle at 91.13 dollars a barrel, on the New York Mercantile Exchange. Brent crude for Dec delivery lost 1.73…

Rwanda Reported Increase In Mental Health Disorders Among Patients

KIGALI, Oct 11 (NNN-IRIN) – Cases of mental health disorders have increased in Rwanda, since the beginning of this year, the Ministry of Health said yesterday. At least 7,817 patients consulted for depression at Ndera Neuro-Psychiatric Teaching Hospital, from Jan to Aug, higher than 1,743 that were recorded last year,…

Tripartite Mechanism Says, Sudan Closer To Settlement For Political Crisis

KHARTOUM, Oct 11 (NNN-SUNA) – A tripartite mechanism, tasked with facilitating intra-Sudanese dialogue, announced yesterday that, they are getting closer to a satisfactory settlement for Sudan’s political impasse. Mohamed Hamdan Dagalo, deputy chairman of Sudan’s Transitional Sovereign Council, met here yesterday, with representatives of the tripartite mechanism, which is composed…