The sickly eurozone recovery is a drag on the outlook for the global economy, the OECD warned on Monday as it cut growth forecasts for most major advanced economies. "Continued slow growth in the euro area is the most worrying feature of the projections," the OECD said, as it updated its forecasts for major economies. While it said the moderate US economic expansion remains broadly on track, the OECD cut the 2014 forecast by a fifth to 2.1 percent from 2.6 percent. Japan's forecast was cut by a quarter, to 0.9 percent from 1.2 percent, although the OECD said it expected the underlying recovery in the economy to reassert itself following the dent to growth caused by an April sales tax increase.
Bill Clinton is still the dominant personality, the superior politician, and the more famous figure of the pair. Here’s betting that between now and the Democratic national convention in the summer of 2016, if Hillary runs for president, there won’t be a ton of campaign events with her and her husband.
WASHINGTON (AP) — Islamic State militants, who once relied on wealthy Persian Gulf donors for money, have become a self-sustaining financial juggernaut, earning more than $3 million a day from oil smuggling, human trafficking, theft and extortion, according to U.S. intelligence officials and private experts.
Dozens of African migrants were missing and feared dead after their boat sank off the coast of Libya, a Libyan navy spokesman told AFP on Monday. Only 36 of the migrants, including three women, were rescued after the boat carrying some 200 migrants sank in waters east of Tripoli on Sunday, Colonel Ayub Kassem said. Mired in unrest and political chaos, Libya has been a launchpad for illegal migrants trying to reach Europe and who turn to people smugglers to cross the Mediterranean, mainly to Italy. In the last major accident, 170 migrants went missing off the coast of Libya at the end of the August.
The Judge Rotenberg Educational Center outside Boston is the only place in the country known to use electrical skin shocks as aversive conditioning for patients with severe developmental and behavior disorders who harm themselves or others. The Food and Drug Administration is considering whether to ban the skin shock devices used by the center.
US-led military exercises began in Ukraine on Monday as fighting rumbled on in the restive east between government forces and pro-Russian rebels, despite a 10-day-old ceasefire. Civilian casualties were reported in heavy shelling around the rebel stronghold of Donetsk in eastern Ukraine on Sunday, with Kiev accusing the separatists of jeopardising the truce by intensifying attacks against government positions. In a show of solidarity for the pro-Western leadership in Kiev, soldiers from 15 nations including the United States began military exercises dubbed "Rapid Trident 14" near the western city of Lviv on Monday, about 620 miles (1,000 kilometres) from the conflict in Donetsk.
WASHINGTON (AP) — After an act of Congress and years of lobbying by descendants and admirers, a Union Army officer who made the ultimate sacrifice more than 150 years ago will be recognized for his heroism when President Barack Obama grants him the nation's highest commendation for battlefield valor.
Asian markets retreated Monday, led by Hong Kong after data at the weekend showed Chinese industrial output expanded in August at its slowest rate since the global financial crisis. Wall Street provided a negative lead after another round of solid indicators fanned expectations the Federal Reserve will hike interest rates sooner than later. The pound edged lower as investors grow jittery about Thursday's knife-edge Scottish independence referendum, which could see the country break away from the United Kingdom. Hong Kong slipped 0.76 percent and Shanghai eased 0.18 percent, Sydney lost 0.63 percent and Seoul was 0.32 percent lower.
UN Secretary General Ban Ki-moon urged all sides in the Central African Republic's unrest "to put an immediate end" to fighting and advance the political transition. As African-led peacekeeping forces (MISCA) transferred authority to the United Nations mission (MINUSCA), Ban urged "all Central African stakeholders to sustain their commitment to an inclusive political process to ensure the successful completion of the country's transition." Sunday's "transfer of authority marks the successful completion of MISCA's mandate and the beginning of MINUSCA's military and police action in the Central African Republic," Ban said in the statement.
Australian premier Tony Abbott shifted his office to a tent in an isolated Aboriginal community Monday, keeping a promise made when he came to power despite having just committed troops to the fight against Islamic State. "Obviously, if there are dramatic new developments I can move if needs be," he said during a round of morning radio and television interviews, a day after committing 600 troops to a multinational strike force against Islamic State militants in Iraq and Syria. Aborigines, who number about 500,000 of a total population of 23 million, are the most disadvantaged Australians, suffering disproportionate levels of disease, imprisonment and social problems as well as lower educational attainment, employment and life expectancy. Abbott, who used to volunteer in indigenous communities before becoming prime minister, said he wanted to give Aborigines his full attention "to gain a better understanding of the needs of people living and working in those areas".
A UN peacekeeper from Chad was killed and four others injured when their vehicle struck a landmine in northern Mali on Sunday, officials said. The killing brought swift condemnation from United Nations Secretary General Ban Ki-moon and in a UN Security Council declaration. "These attacks will not alter the determination of the United Nations to support the Malian people in their search for peace," Ban's spokesman stressed. In a unanimous declaration, the UN Security Council also condemned the attack "in the strongest terms," and called for a prompt investigation.
By Gabriel Debenedetti INDIANOLA Iowa (Reuters) - Former Secretary of State Hillary Clinton stoked speculation on Sunday that she was moving closer to announcing a bid for the White House in 2016 as she visited the early-voting state of Iowa to take part in the state's annual "steak fry," a gathering of Democratic activists that often attracts presidential hopefuls. After grilling steaks with her husband, former President Bill Clinton, Hillary Clinton delivered a populist speech to the crowd of more than 6,000 Democrats at a vast green field a few miles outside of Des Moines. She defended President Barack Obama's signature healthcare initiative known as Obamacare, pushed legislation on a minimum wage and lambasted Republicans as "guardians of gridlock." Clinton focused much of her speech on promoting Iowa's Democratic candidates, including Senate hopeful Bruce Braley, who is vying in a closely watched race in the 2014 midterm elections on Nov. 4.
Appearing Sunday in Iowa, a critical state in the US presidential election cycle, Hillary Clinton joked about her potential 2016 White House bid, telling Democratic supporters she was "thinking about it." The former secretary of state, who says she will announce next year whether she will run for president, attended an annual "Steak Fry" hosted by retiring Democratic Senator Tom Harkin, where she stumped for Iowa candidates ahead of midterm elections in November. I am thinking about it," Clinton said, in apparent reference to a White House bid. Iowa, a small farming state of 3.1 million, holds disproportionate sway in US presidential politics due to its caucuses, which are the first-in-the-nation nominating event each election cycle.
Jimmie Aakesson has lifted Sweden's far-right party from obscurity to an emerging parliamentary force, with the dapper 35-year-old seeking to position himself as a kinder, gentler sort of anti-immigration leader. An exit poll by public broadcaster SVT on Sunday gave his Sweden Democrats (SD) 10.5 percent of the vote, doubling their tally from the last election four years ago.
Sweden's likely new prime minister, Social Democrat leader Stefan Loefven, may have little experience in national politics but this consensus-seeking trade unionist has overcome bigger obstacles before. Put into an orphanage by his mother as an infant, he has had his critics in his short time as opposition leader. Yet others see the former welder as a man more in touch with "the real Sweden". "I have other relevant experience from working in industry and from leading a large trade union," he told AFP just ahead of the vote.