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Experts recover human remains at Ukraine crash site despite new fighting
Members of a group of international experts inspect wreckage at the site where the downed Malaysia Airlines flight MH17 crashed, near the village of HraboveBy Natalia Zinets and Gabriela Baczynska KIEV (Reuters) - International experts found the remains of more victims of the downed Malaysian airliner in east Ukraine on Friday but fighting nearby between government forces and pro-Russian rebels renewed security concerns around the wreckage. Roads had for days been too dangerous to use because of heavy fighting, frustrating efforts to recover all the victims' remains and push ahead with an investigation. They will... be brought back to the Netherlands for identification," Dutch Prime Minister Mark Rutte said in the Netherlands. "The security situation at the site is unstable and unpredictable." In the latest clashes, separatist forces killed at least 10 Ukrainian paratroopers in an ambush after midnight near Shakhtarsk, one of the closest towns to the wreckage site, the Ukrainian military said.
Fri, 01 Aug 2014 14:42:01 -0400
Doubts surface about India's Modi after trade deal scuppered
News ImageBy Sanjeev Miglani and Rajesh Kumar Singh NEW DELHI (Reuters) - India's Prime Minister Narendra Modi came to office with a reputation as a business-friendly leader ready to open up one of the world's biggest markets and sweep away the remnants of the country's socialist past. Now potential investors, some of them foreign firms hoping to exploit new opportunities in India's vast consumer market, are scratching their heads after Modi's party walked away from a major deal to reform customs rules and make global trade easier. India shocked trade officials by rejecting the agreement at the 160-member World Trade Organization, one of the group's biggest initiatives since it was set up 19 years ago. New Delhi has since said it did not believe the pact was dead, but insisted that, alongside the so-called trade facilitation agreement, the WTO must find a deal allowing India to subsidize and stockpile food in order to protect the poor.
Fri, 01 Aug 2014 12:13:29 -0400
North Korea accuses U.N. Security Council of double standards
News ImageBy Mirjam Donath UNITED NATIONS (Reuters) - North Korea accused the United Nations Security Council on Friday of double standards by condemning Pyongyang's recent ballistic missiles launches while ignoring "provocative" joint military exercises between the United States and South Korea. The normally reclusive state held its fourth news conference at the United Nations this year to push for an emergency Security Council meeting on the military exercises, which Pyongyang routinely denounces as preparation for war. North Korea's Deputy U.N. Ambassador Ri Tong Il said Pyongyang wrote to the 15-member council, of which the United States and South Korea are members, on July 21 to request the body take up the issue.
Fri, 01 Aug 2014 15:38:06 -0400
African leaders agree steps to fight runaway Ebola outbreak
News ImageBy Saliou Samb CONAKRY (Reuters) - West African leaders agreed on Friday to take stronger measures to try to bring the worst outbreak of Ebola under control and prevent it spreading outside the region, including steps to isolate rural communities ravaged by the disease. The World Health Organization and medical charity Medicins Sans Frontieres said on Friday the outbreak, which has killed 729 people in four West African countries, was out of control and more resources were urgently needed to deal with it. WHO chief Margaret Chan told a meeting of the presidents of Guinea, Liberia and Sierra Leone - the countries worst affected - that the epidemic was outpacing efforts to contain it and warned of catastrophic consequences in lost lives and economic disruption if the situation were allowed to deteriorate. "The presidents recognize the serious nature of the Ebola outbreak in their countries," Chan said after the meeting.
Fri, 01 Aug 2014 16:39:28 -0400
Argentina debt talks must continue after default: U.S. Judge
News ImageBy Joseph Ax, Nicholas Brown and Sarah Marsh NEW YORK/BUENOS AIRES (Reuters) - Argentina cannot turn its back on negotiations with holdout creditors after defaulting on its sovereign debt, a U.S. judge instructed on Friday, just as the country's failure to service a June interest payment was declared a "credit event." In a stern tone, U.S. District Judge Thomas Griesa in New York slammed the decision by Latin America's third-biggest economy to defy his order to pay holdout investors in full and instead default on $29 billion in debt. As Griesa was speaking, a 15-member committee facilitated by the International Swaps and Derivatives Association (ISDA) voted unanimously to call the missed coupon payment a "credit event." The move triggers a payout process for holders of insurance on Argentine debt, which analysts estimate could amount to roughly $1 billion. Argentina's economy ministry said later in a combative statement that Griesa's attitude sought to favor "vulture funds". It has asked Argentina's securities watchdog to investigate whether the litigation against the nation by holdouts was merely the "facade of speculative maneuver".
Fri, 01 Aug 2014 19:42:34 -0400
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