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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 9, 2017 6:40 AM Bomb kills three, including senior police official, in restive southwestern Pakistan

QUETTA, Pakistan - A bomb killed a senior Pakistani police official on his way to work and two others on Thursday in the restive southwestern province of Baluchistan, an official said. Baluchistan was rocked by a series of attacks late last year that claimed over 180 lives and raised concerns about a growing militant presence, including fighters affiliated 6

November 7, 2017 8:55 AM Britain says Iran's treatment of jailed aid worker is unacceptable

LONDON - Iran's continued detention of jailed Iranian-British aid worker Nazanin Zaghari-Ratcliffe is unacceptable, British trade minister Liam Fox said on Tuesday, adding that she should be released as soon as possible. Zaghari-Ratcliffe is serving a five-year jail sentence after being convicted of plotting to overthrow Iran's clerical establishment 20

November 7, 2017 7:55 AM Lebanon's Hariri leaves Saudi Arabia for UAE trip

BEIRUT - Lebanon's Prime Minister Saad al-Hariri, who sparked a political crisis on Saturday by declaring his surprise resignation in Riyadh, has traveled to the UAE, Saudi-owned media said on Tuesday. His resignation has thrust Lebanon back onto the front line of the Middle East's most biting rivalry, pitting a mostly Sunni bloc led by Saudi Arabia 21

November 6, 2017 10:05 AM Saudi king receives ex-Lebanon PM Hariri in Riyadh

RIYADH - Saudi King Salman received former Lebanese Prime Minister Saad al-Hariri in Riyadh on Monday following his resignation, Saudi media reported. Hariri announced his resignation on Saturday from Riyadh, saying he believed there was an assassination plot against him and accusing Iran, Saudi Arabia's arch-rival, and its Lebanese ally Hezbollah of sowing 21

November 2, 2017 10:20 PM Exclusive: Trump agrees to pick up 90 percent of Puerto Rico rebuilding costs

WASHINGTON - President Donald Trump on Thursday agreed to expand the use of disaster aid to rebuild Puerto Rico's power grid and other infrastructure wrecked by Hurricane Maria, and said the federal government would pick up 90 percent of the costs, a senior White House official told Reuters. Typically, the federal government pays 75 percent of the costs 4

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 1:46 PM Catalonia crisis a 'political win' for Rajoy as party sees popularity rise

Although the pro-independence movement in Catalonia has been a thorn in the side of the Spanish government for decades, tensions came to a head in October when the Catalan government held a referendum on independence despite a ban by Spain's constitutional court and attempts by Madrid to stop the vote. The vote took place regardless and there were violent 25

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