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Dollar drops amid bets on rate cuts, geopolitical tensions

The US dollar declined in late trading on Monday, as investors remain cautious on the greenback amid high bets on potential rate cuts by US Federal Reserve and Washington’s fresh sanctions on Iran. Investors and traders believed that the Fed cutting interest rates would become a certainty in July, as the probabilities of “ease” in

176 kids lost their parents in Easter attacks: Cardinal Ranjith

At least 176 children have lost either both or one of their parents in the Easter Sunday terror bombings which killed over 250 people and injured hundreds, Archbishop of Colombo Cardinal Malcolm Ranjith has said.The April 21 attacks on three churches, three luxury hotels and two other locations were claimed by the Islamic State terror

Pakistan, Qatar sign MoU to combat terrorism financing

Pakistan and Qatar have signed a memorandum of understanding (MoU) to combat money laundering and terrorism financing, a statement from Pakistani Prime Minister’s office said. According to the statement, the MoU, signed on Saturday, relates to the “establishment on cooperation in the field of exchange of financial intelligence related to money laundering associated predicate offences

HK police condemn protesters’ 15-hour siege on their HQ

The Hong Kong police on Saturday condemned a 15-hour-long siege of the city’s police headquarters by protesters ahead of what is gearing up to be another weekend of massive demonstrations in the city. Following the end of the overnight siege on Saturday morning, police officers removed the barricades they had placed at the entrances of

Trump calls off imminent military retaliation against Iran

US President Donald Trump has called off an imminent military strike against Iran in retaliation for the downing an American military drone by Tehran.Trump had initially approved attacks on several Iranian targets, such as radar and missile batteries, Xinhua news agency quoted a New York Times report as saying on Thursday citing administration officials. Trump,

US stocks close higher amid mixed data, Fed decision

US stocks traded higher as investors digested a batch of mixed data. Meanwhile, Wall Street has been encouraged by US Federal Reserve’s dovish messages, which fuelled investors’ bets on potential rate cuts later this year. The Dow Jones Industrial Average on Thursday rose 249.17 points, or 0.94 per cent, to 26,753.17. The S&P 500 was

Trump threatens to begin deporting undocumented immigrants

US President Donald Trump has said that immigration enforcement authorities would begin deporting millions of undocumented migrants from the country in the coming week.Trump however, did not provide further details on the immigrants who would be affected by the mass removal, reports Efe news. “Next week ICE (Immigration and Customs Enforcement) will begin the process

4 Indian-American family members found dead inside house

Four members of an Indian-American family were dead with gunshot wounds inside a house in the US state of Iowa, authorities said.Officers with the West Des Moines Police Department were sent at around 10 a.m. on Saturday to the 900 block of 65th Street, where they found the bodies, reports the local KCRG News. Police

Hong Kong suspends controversial extradition bill

Hong Kong Lam told a press conference that the project, which could allow China to extradite fugitives from Hong Kong, is temporarily “suspended” to defuse the crisis it has unleashed. The decision comes after a meeting with members of her Executive Council and calls from several supporters of the regulation on Friday for the suspension

Kim Jong-nam was a CIA operative

Kim Jong-nam, the slain half brother of North Korean leader Kim Jong-un, was an informant for the Central Intelligence Agency (CIA) who met on several occasions with agency operatives, Efe news quoted an informed source as saying here.”There was a nexus” between the US spy agency and Kim Jong-nam, the source said on Monday. Kim

Will return to India if SC ensures my safety: Naik

NRI tele-evangelist Zakir Naik on Tuesday expressed his willingness to return to India if the Supreme Court gave him in writing that he will not be arrested and jailed till he is actually convicted. In a statement, the Islamic preacher – who is on the run – said that while he has trust in the

Don’t target Pakistan at SCO summit: China

China on Monday said Pakistan should not be targeted on terrorism at the Shanghai Cooperation Organisation (SCO) summit this week where Indian Prime Minister Narendra Modi is likely to raise the issue of Islamabad harboring terrorists. During his first foreign visit to the Maldives after being re-elected for a second term as Prime Minister, Modi

Nepal hosts travel mart to promote tourism

The third edition of “Himalayan Travel Mart 2019” has been kicked off in Nepal under the theme “Nepal, Gateway to the Himalayas” to promote tourism of the Himalayan country. Nepali Prime Minister K.P. Sharma Oli on Thursday inaugurated the tourism gala event which aims to facilitate networking and business opportunities among global tourism and hospitality

Visit to Maldives, Sri Lanka will strengthen ties: Modi

Prime Minister Narendra Modi on Friday expressed confidence that his visit to Maldives and Sri Lanka would further strengthen India’s cordial ties with the maritime neighbours. In his departure statement, the Prime Minister said he will meet President Ibrahim Mohamed Solih in the Maldives and the top Sri Lankan leadership in Colombo. “I am confident

8 Indians among 17 killed in Dubai accident

Eight Indians were among the 17 people who were killed when a tourist bus from Oman rammed into a signboard in Dubai, the Consulate General of India (CGI) here said on Friday. “We are sorry to inform that as per local authorities and relatives it is so far confirmed that eight Indians have passed away

4 killed in northern Australia shooting

A gunman shot dead four people and injured another at five different locations in the northern Australian city of Darwin, officials said.The 45-year-old suspect, who was known to the police, was arrested an hour after the first shots were reported at about 18:00 local time on Tuesday.Police said they believed the man had acted alone.

Researchers turn plastic waste into jet fuel

Plastic trash may one day help people fly as researchers have found a way to turn daily plastic waste products into jet fuel.”There is a lot of hydrogen in plastics, which is a key component in fuel,” said Hanwu Lei, Associate Professor at the Washington State University in the US. To produce jet fuel, the

No country to achieve gender equality by 2030: Report

No country in the world is on the track to achieve gender equality by 2030, according to the first index to measure progress against a set of internationally agreed targets. Melinda Gates, co-chair of the Bill and Melinda Gates Foundation, said the SDG Gender Index launched on Monday “should serve as a wake-up call to

Google apps, Snapchat suffers major outage, recover

Google apps like YouTube, Gmail and Nest along with photo-messaging app Snapchat and other web services suffered major outages across the US and some parts of Europe.The root cause of the outage was traced back to issues with Google’s Cloud service that powers other apps along with the search engine giant’s own web services. The

Psychedelic rock star Roky Erickson dead at 71

Roky Erickson, one of the most enduring and adventurous exponents of American psychedelic rock, is dead. He was 71.Erickson’s death on Friday was confirmed by his representatives in a statement that described him as a “heroic icon of modern rock’n’roll and one of the best friends the music ever had”. The cause of death had