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November 9, 2017 11:55 AM Spain could again revise down 2018 growth forecast due to Catalonia: Rajoy

MADRID - The Spanish government could again revise down the country's 2018 economic growth forecast due to the political crisis in Catalonia, Prime Minister Mariano Rajoy said on Thursday. "It is affecting tourism, it is affecting some entities and it is affecting trade. We have seen some worrying figures. And it could be that next year effectively this will lead to a cut to growth 8

November 9, 2017 6:40 AM Exclusive: Venezuela's PDVSA misses debt payments, used Russian bank to pay ONGC

NEW DELHI - Venezuelan state oil-firm PDVSA has not made debt payments to India's top oil producer ONGC for six months, and has previously used a Russian state-owned bank and another Indian energy company as intermediaries to make payments, two sources familiar with the transactions said on Wednesday. ONGC Videsh, the overseas investment arm of ONGC, confirmed 8

November 3, 2017 7:10 AM Pimped-up trishaws a tourist hit in Malacca

MALACCA — Decked out with flashing lights and cartoon characters, with loud music pumping, rickety bicycle rickshaws have become a hit with tourists visiting the historic Malaysian city of Malacca. Once a common sight in many parts of Malaysia, the three-wheelers, known locally as trishaws, have largely phased out as cars become more affordable and take over the country's 25

November 2, 2017 4:15 PM Spanish prosecutor seeks arrest of ousted Catalan leader

MADRID: Spain's state prosecutor sought a European arrest warrant for former Catalan president Carles Puigdemont, now in Belgium, after he failed to appear at a High Court hearing on Thursday. Other leaders of the independence drive, that has brought thousands onto the streets of Barcelona demonstrating both for and against a break with Madrid, appeared 12

November 2, 2017 12:45 PM The Latest: Central bank warns of cost of Catalan crisis

Spain’s central bank is warning of the economic costs of the Catalan political crisis, which it says could damage the country’s growth. The Bank of Spain assesses the consequences of two possible scenarios. The first is a temporary period of uncertainty in the fourth quarter of 2017, which it predicts could shave 0.3 percentage points off forecast growth 12

November 2, 2017 12:11 PM Catalonia crisis: Spain's prosecutors ask for eight leaders to be jailed

Prosecutors in Madrid have asked for eight sacked members of Catalonia's regional government to be jailed over their role in October's disputed independence referendum. Nine Catalan officials testified at Spain's high court over accusations of rebellion, sedition and misuse of public funds. Ousted Catalan leader Carles Puigdemont and four others disregarded 24

November 2, 2017 11:06 AM Spain likely to seek arrest of ousted Catalan leader, top judge says

MADRID: Spanish courts are likely to issue a European arrest warrant for former Catalan president Carles Puigdemont after he failed to appear at a Spanish court hearing on Thursday, Spain's top judge said. Puigdemont's lawyer in Belgium, where he has travelled with four members of his sacked cabinet, said the climate in Spain was "not good" and his client 12

November 2, 2017 11:02 AM Malaysian Islamic preacher seeks audience with Johor Ruler to defend himself

KUALA LUMPUR — A Malaysian Islamic preacher wants to seek an audience with Johor Ruler Sultan Ibrahim Iskandar and the Johor religious authorities after he was banned from preaching in the state. Mr Haslin Baharim said he wanted to explain himself in case the Sultan had been given the wrong advice, leading to a decree on Wednesday (Oct 2) which prohibits 6

November 2, 2017 10:39 AM Puigdemont stays away as ousted Catalonia deputies attend court

Some sacked members of Catalonia's regional government have appeared in Spain's high court for questioning, accused of rebellion and sedition in the wake of October's disputed independence referendum. Nine officials turned up, while ousted Catalan leader Carles Puigdemont and four others stayed away. The deposed leader, who is in Belgium, said: "This 25

November 2, 2017 8:18 AM South Korea to restrict anti-Trump rallies: Report

SEOUL: South Korean police will restrict public rallies near the country's presidential palace during Donald Trump's first visit as head of state, a report said Thursday (Nov 2) reducing his chances of being exposed to opposition. It is the first time that Seoul has imposed limits on public gatherings since President Moon Jae-In, a former human rights 11