World News

Two years after Beirut mega-blast, Lebanon hits new lows

Crisis-hit Lebanon marks two years Thursday since a massive explosion ripped through Beirut, with victims' relatives planning protest marches as they keep demanding truth and justice.. - No justice - The government in April ordered the silos' demolition -- but this has been suspended, partially because of objections from victims' relatives who want them preserved as a memorial.

Mexico races to rescue nine trapped miners

Rescuers battled Wednesday to free around nine workers believed to be trapped in a coal mine in northern Mexico, President Andres Manuel Lopez Obrador said.. Military personnel and rescue dogs were deployed to the scene of the accident in the state of Coahuila, Lopez Obrador said.

400-year-old Ecuadoran beer resurrected from yeast

Inside an old oak barrel, Ecuadoran bioengineer Javier Carvajal found the fungus of fortune: a 400-year-old yeast specimen that he has since managed to resurrect and use to reproduce what is believed to be Latin America's oldest beer.. It took him a year to do so, but he finally managed to find a barrel from the old brewery in 2008.

Climate, poverty collude to torment Central America

Every time it rains, Blanca Arias in El Salvador and Sandra Ramos in Honduras fear that flooding will raze their precarious homes and leave their families destitute.. Now, every time a storm is forecast, they get ready to leave.

Inflation-fighting BoE poised to unleash big rate hike

The Bank of England is expected Thursday to follow other major central banks with an aggressive interest rate hike to tackle surging inflation.. - Inflation 'spooks' central banks - Yet the bank predicts UK inflation will spike to 11 percent later this year -- and it was expected to lift this guidance on Thursday.

China to stage major drills around Taiwan after Pelosi visit

China is due on Thursday to kick off its largest-ever military exercises encircling Taiwan, in a show of force straddling vital international shipping lanes following a visit to the self-ruled island by US House Speaker Nancy Pelosi.. The House speaker, second in line to the presidency, was the highest-profile elected US official to visit Taiwan in 25 years.

Argentina economy minister vows to respect IMF deficit deal

Argentina's new economic "super minister" pledged on Wednesday to respect the crisis-wracked country's commitment with the IMF to reduce its public deficit to 2.5 percent this year.. Argentina has suffered years of economic crisis, with some 37 percent of its population now living in poverty.

'No' camp leads ahead of referendum on changing Chile constitution: poll

Just months after Chileans elected a leftist president in a mass rejection of establishment politics, they appear to stand deeply divided on overhauling the country's dictatorship-era constitution, an opinion poll showed Wednesday.. According to recent polls, supporters of change are in the minority despite the recent revolutionary mood in Chile which saw mass anti-establishment protests in 2019 and calls for a more equitable society.

UN chief slams 'excessive' profits of oil, gas firms amid Ukraine war

UN Secretary-General Antonio Guterres on Wednesday accused oil and gas companies of making "excessive" profits from the energy crisis sparked by the war in Ukraine, calling it "immoral.". "It is immoral for oil and gas companies to be making record profits from this energy crisis on the backs of the poorest people and communities and at a massive cost to the climate," the UN chief told reporters.

Iraqi Shiite leader Sadr demands fresh elections

Powerful Shiite leader Moqtada Sadr, whose bloc won the most seats in Iraq's elections last year, demanded Wednesday that parliament be dissolved and new elections be called.. Earlier on Wednesday, the United Nations mission in Iraq called on leaders to put their country first and end the long-running power struggle.