International News (Page 110)

Attorneys for the Boy Scouts of America say protecting local BSA councils and troop sponsoring organizations from future liability for child sex abuse claims is critical to the national group’s reorganization planBy RANDALL CHASE Associated PressApril 13, 2022, 5:18 AM• 4 min readDOVER, Del. — Protecting local Boy Scouts of America councils and troop sponsoring…Continue Reading

Asian shares are trading mostly higher on hopes that the curbs on U.S. interest rates may moderate after new data showed signs of slowing inflationBy YURI KAGEYAMA AP Business WriterApril 13, 2022, 3:15 AM• 5 min readTOKYO — Asian shares were mostly higher Wednesday on hopes that the curbs on U.S. interest rates may moderate…Continue Reading

Climate activists are urging more banks and insurers not to back the controversial $5 billion East African Crude Oil Pipeline that is primed to transport oil from the Hoima oilfields in Uganda to the Tanzanian coastal city of TangaBy WANJOHI KABUKURU Associated PressApril 13, 2022, 1:24 AM• 4 min readMOMBASA, Kenya — Climate activists are…Continue Reading

Sri Lanka’s government says it is suspending its repayment of foreign debt, including bonds and government-to-government borrowingBy KRISHAN FRANCIS Associated PressApril 13, 2022, 1:06 AM• 4 min readCOLOMBO, Sri Lanka — Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowing, pending the completion of a loan restructuring program with the…Continue Reading

Boeing says global geopolitical concerns are a big reason why it is dropping more than 100 planes from its backlog of pending ordersBy DAVID KOENIG AP Airlines WriterApril 12, 2022, 11:49 PM• 3 min readBoeing has removed 141 airplanes from its backlog of pending orders, many of them because of what it termed geopolitical considerations…Continue Reading

A look at how the crisis in the island nation has unfolded in the past two weeks.Published On 13 Apr 202213 Apr 2022Sri Lanka, which is mired in a deep political and economic crisis, has announced it is suspending payments on its $51bn foreign debt. The island nation of 22 million people is experiencing acute…Continue Reading

Reserve Bank of New Zealand raises benchmark rate by 50 basis points to 1.50 percent.Published On 13 Apr 202213 Apr 2022The Reserve Bank of New Zealand (RBNZ) raised interest rates by a hefty 0.5 percent, or 50 basis points, to 1.50 percent on Wednesday, its fourth hike in a row as the central bank seeks…Continue Reading

Many of the dead were caught in landslides triggered by torrential rain from Tropical Storm Megi.Published On 13 Apr 202213 Apr 2022The death toll from landslides and floods in the Philippines has risen to 58 as rescuers dug up more bodies with their bare hands in villages buried in rain-fuelled landslides. Most of the deaths…Continue Reading