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Former Guatemalan interior minister arrested for not forcibly removing protesters
Guatemalan police on Thursday arrested the country’s former interior minister for allegedly not carrying out his duties when he opted for dialogue with protesters rather than using force to remove them as a court had ordered. Police arrested Napoléon Barrientos at his home, leading him out in handcuffs and a bulletproof vest. Barrientos told reporters…
Almost 250,000 flee floods in Somali city that ‘became like an ocean’ | CNN
CNN  — Floods have caused almost a quarter of a million people to flee their homes after the Shabelle river in central Somalia broke its banks and submerged the town of Beledweyne, even as the country faces its most severe drought in four decades, according to the government. Aid agencies and scientists have warned climate…
China’s property ‘inventory overhang’ could take more than 10 years to correct, economist says
The site of a real estate building under construction in Huai ‘an city, Jiangsu province, China, December 26, 2023. CFOTO | Future Publishing | Getty Images China is facing the prospect of a long-drawn correction in its property sector, with the overhang in the housing inventory likely to take more than 10 years to clear,…
World’s two largest coal consumers won’t be weaning off the fossil fuel anytime soon
Man tending to sacks of coals. Dhiraj Singh | Bloomberg | Getty Images China and India’s growing economies will continue to fuel demand for coal even as they set ambitious renewable energy targets, according to experts. While China is the world’s largest energy consumer, India is ranked third globally, and both countries are the top…
Ecuador sees rise in violence as bomb threat evacuates busy capital area
A bomb threat in Ecuador’s capital, Quito, led to the evacuation of an area near a bus station after authorities were alerted about a backpack with an alleged explosive in a garbage can. The backpack, upon inspection, was found to not contain any explosives. In the city of Coca, unknown suspects set fire to a…
Stock market and bank earnings updates: Dow and S&P 500
Stocks slid Friday after a slate of earnings beats from big banks fueled concerns that the Federal Reserve will raise interest rates at its next two meetings. Still, the major indices gained for the week. The Dow rose 400 points, or 1.2%. The S&P 500 gained 0.8% and the Nasdaq Composite advanced 0.3%. JPMorgan Chase…
