Brazil: Pension overhaul bill wins by resounding margin in lower house

BRASILIA, July 11 (NNN-AGENCIES) — Brazil’s lower house of Congress approved a landmark overhaul of the country’s pension system on Wednesday by a far wider margin than predicted, delivering a resounding victory to the government in its quest to revive public finances. The lower house passed the main text of…

US holding 200 children at border, down from 2,500 in May

WASHINGTON, July 11 (NNN-AGENCIES) — US immigration authorities held about 200 unaccompanied children at locations along the southwest border as of Wednesday, down from more than 2,500 in May as funding increases enabled a US health agency to take custody of them. The reduction in detainees as reported by a senior US Customs…

Singapore to deport Myanmar nationals linked to insurgent group Arakan Army

SINGAPORE, July 11 (NNN-CNA) — Several Myanmar nationals are to be deported from Singapore after mobilising support for “armed violence against the Myanmar government”, the Ministry of Home Affairs (MHA) said. Myanmar news website The Irrawaddy named six individuals who it said were arrested in Singapore, including a relative of Arakan Army (AA) chief Tun Myat…

US Dept of Justice investigates Deutsche Bank over 1MDB connection: report

WASHINGTON, July 11 (NNN-AGENCIES) — The US Department of Justice opened an investigation into whether Deutsche Bank, Germany’s embattled biggest lender, violated foreign financial laws in its work for 1MDB, American media reported Wednesday. The department is looking into whether Deutsche Bank broke foreigncorruption or anti-money laundering laws through its…

Euro zone growth, inflation outlook cut as risks from U.S. trade grow

BRUSSELS, July 11 (NNN-AGENCIES) — The European Commission lowered its estimates on Wednesday for euro zone growth and inflation, saying uncertainty over U.S. trade policy posed a major risk to the bloc. In its quarterly economic forecasts, the European Union’s executive arm said prices would grow less than previously predicted,…

Ghana: Digitisation of premix fuel distribution soon – VP Bawumia

ACCRA, July 11 (NNN-GNA) — Ghana’s Vice President Dr Mahamudu Bawumia, has served notice that the digitisation agenda of President Nana Akufo-Addo will soon extend to the distribution of premix fuel in Ghana in order to increase efficiency of its delivery to fishermen.He said, introducing digital technologies in premix distribution…

Zimbabwe introduced local currency earlier than planned due to market pressure – Minister

HARARE, July 11 (NNN-GNA) — Zimbabwe re-introduced its local currency earlier than scheduled because the market was rapidly re-dollarizing, putting more pressure on the government, Finance Minister, Mthuli Ncube, said.Ncube told a business meeting that the government had to move fast to correct the situation that was becoming untenable.President Emmerson…

Tanzanian president tells women to ‘set their ovaries free’, more children will help economy grow

CHATO (Tanzania), July 11 (NNN-AGENCIES) — Tanzanian President John Magufuli has told women to “set your ovaries free” and have more children to help the country’s economy grow. “When you have a big population you build the economy. That’s why China’s economy is so huge. I know that those who…

Somalia: Three al-Shabaab militants executed by government

MOGADISHU, July 11 (NNN-AGENCIES) — Somalia executed three men on Wednesday convicted of participating in the bombing of a Mogadishu hotel that killed 18 people in 2017 as members of the insurgent group al Shabaab, the state-run news agency said. “They were accused of being al Shabaab members. They were…

Libya conflict: French missiles found on pro-Haftar base

The missiles were found by soldiers of the UN-backed government PARIS/TRIPOLI, July 11 (NNN-AGENCIES) — France has denied breaching a UN arms embargo after four of its anti-tank missiles were found on a base loyal to a rogue Libyan general.The country’s defence ministry says the “unusable” US-made Javelin missiles were…