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Sun11182018

Last updateSat, 17 Nov 2018 9am

World News

Sterling falls to new low

The pound has hit a new low in Asian trading as concerns about the UK's vote to leave the European Union continue to weigh on investor confidence.
It touched $1.2798 against the dollar on Wednesday, a fresh 31-year low.
The drop came as US government bond yields fell to record lows as investors rushed for perceived safe havens.
The moves follow decisions by fund managers, including Standard Life and Aviva, to stop investors withdrawing money from their UK property funds.
They said the high levels of uncertainty caused by the referendum had led to investors rushing to pull their money out.

Suicide bombing near Saudi holy site

A suicide bomber has killed four security officers and injured five others near one of Islam's holiest sites in the Saudi city of Medina, According to the interior ministry statement the bomber detonated his explosives after being stopped outside the Prophet's Mosque,

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Rights of EU citizens living in UK

MPs have criticised the government for not guaranteeing the rights of EU citizens to remain in the UK after the country leaves the European Union.Ministers say it would be "unwise" to fully "guarantee" EU citizens' rights without a deal for Britons abroad.

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Three day's of national mourning in Iraqi

The Iraqi government has declared three days of national mourning after a huge bomb in the capital Baghdad killed at least 125 people and wounded about 150.A lorry packed with explosives was detonated in the Karrada district while families were shopping for the holiday marking the end of Ramadan.

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Australia leaders in talks with independent MPs

The leaders of Australia's two main political parties have begun discussions with independent MPs about forming a minority government.The result of Saturday's election is too close to call and the result will not be known until at least Tuesday.
At least 11 of 150 lower house seats remain in doubt.

The Australian Electoral Commission tally has Labor leading in 69 seats and the ruling Liberal-National coalition leading in 64 seats.
Five seats are listed as close, and another six as "not yet determined". Counting of pre-poll, postal and absentee votes will resume on Tuesday.
Despite being behind in the official tally, Prime Minister Malcolm Turnbull said early on Sunday morning he still expected to get the 76 seats he needs to form a new administration. Postal votes are expected to favour his candidates

The Bangladeshi troops have rescued Sri Lankans who were held hostages by IS terrorists and admitted them to hospital for emergency treatment.


Sri Lanka's acting High Commissioner for Bangladesh Mrs Sesath Thambugala says the Bangladesh troops are engaged in rescue operation to free the hostages held by IS terrorists. Two of the hostages are identifies as Sri Lankans. The Bangladeshi troops have rescued these Sri Lankans and admitted to hospital for emergency treatment.

EU Trade Commissioner says no trade talks with Britain until it leaves the bloc.

The European Union's top trade official says the UK cannot begin negotiating terms for doing business with the bloc until after it has left. Cecilia Malmstrom stated after the Brexit, the UK would become a "third country" in EU terms.

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Turkey mourns after airport attack.


Turkey has observed a national day of mourning after a gun and suicide bomb attack on Istanbul's Ataturk airport killed 42 people, including 13 foreign nationals. Three attackers arrived in a taxi and began firing at the terminal entrance late on Tuesday.

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Prime Minister David Cameron says UK will not shun Europe.

Prime Minister David Cameron says Britain "will not and should not" turn its back on Europe as it leaves the European Union.After discussing the vote to leave with other EU leaders, he said trade and security co-operation would be vital whatever the shape of future links.But he said immigration was a "great concern" among UK voters and squaring this with access to the EU single market would be a "huge challenge".

Istanbul attack; Turkish President hopes it will become a turning point.

Turkish President Recep Tayyip Erdogan has condemned the attack on Ataturk Airport in Istanbul and has expressed hope that the bombing becomes “a turning point” for the whole world to unite against terrorism.  He also disclosed initial findings indicate that ISIS bears responsibility. Erdogan pointed out the attacks, which took place during the holy month of Ramadan, shows that terrorism strikes with no regard for faith and values. He also expressed his condolences to the “citizens who lost their lives” and the entire nation. The Turkish president also said that he expects the world to demonstrate “a decisive stance” in the battle with terrorist organizations.

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