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UAE welcomes new head of Sudan’s transitional military council

CAIRO (Reuters) - The United Arab Emirates welcomed the new head of Sudan’s transitional military council, Abdel Fattah al-Burhan Abdelrahman, state news agency (WAM) reported on Saturday. WAM also reported that: “UAE President Sheikh Khalifa bin Zayed Al Nahyan has directed to communicate with Sudan’s transitional military council to explore the prospects of accelerating aid for the brotherly people of Sudan”. Reporting by Nayera Abdallah; editing by Jonathan OatisOur Standards:The Thomson Reuters Trust Principles.

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Tornado hits small Texas town, seven reported hurt

(Reuters) - At least seven people were hurt and the small east Texas town of Franklin sustained major damage on Saturday when a tornado touched down amid severe thunderstorms in the region, police and local media said. At least one woman, who was pulled from the wreckage of her mobile home, sustained life-threatening injuries when the twister hit, USA Today reported. “The city of Franklin sustained heavy damage from the storms,” the Robertson County Sheriff’s Office said in an internet alert. “If you are a resident of Franklin and can NOT access your home you are directed to the First Baptist Church.” Local television station KWTX-TV reported…

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Cuban president calls for strengthened defenses, economy in response to Trump threats

HAVANA (Reuters) - Cuban President Miguel Diaz-Canel accused the Trump administration on Saturday of dragging relations with the United States to their worst level in decades and called on Cubans to strengthen the Communist-run country’s defenses and economy. FILE PHOTO: Cuba's President Miguel Diaz-Canel talks to Vietnam's Prime Minister Nguyen Xuan Phuc (not pictured) at the Government Office in Hanoi, Vietnam, November 9, 2018. Luong Thai Linh/Pool via REUTERS/File PhotoDiaz-Canel, in a speech closing the National Assembly, said the United States is engaging in an “asphyxiating financial persecution that makes the import of goods and resources of primary necessity particularly difficult.” The Cuban economy has stagnated in…

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Trade rows cloud global economy as officials fret over slowdown

WASHINGTON (Reuters) - Trade disputes and tighter financial conditions are among the top threats to a slowing world economy, global finance officials said on Saturday, urging countries to take steps to shore up growth. Central bank governors and other global finance officials sit for a group photo at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 13, 2019. REUTERS/James Lawler DugganThe global expansion, now seen at its most sluggish pace in three years, is likely to firm up next year, but central banks and fiscal authorities have limited policy options to drive a rebound, officials said in the joint communique of the International…

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SNB’s Jordan sees room for more intervention if needed

WASHINGTON (Reuters) - Swiss monetary policy is appropriate for now, but policymakers still have room to lower already negative interest rates further or use other policies if necessary, Swiss National Bank Chairman Thomas Jordan said on Saturday. FILE PHOTO: Swiss National Bank (SNB) Chairman Thomas Jordan attends a news conference in Bern, Switzerland December 13, 2018. REUTERS Denis Balibouse/File Photo“There is no reason to change monetary policy,” given the bank’s dropping inflation forecasts and no risk of the country’s economy overheating, Jordan told a news conference on Saturday on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington. But Jordan said the…

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Gunfire heard outside Sudanese Defense Ministry was celebratory: witnesses

CAIRO (Reuters) - Gunfire that was heard outside the Sudanese Defense Ministry in the capital Khartoum on Saturday turned out to be celebratory, witnesses said. Rapid Support Forces (RSF) were firing guns to celebrate the promotion of the head of the RSF, Mohamed Hamdan Dagalo, known by his nickname Hemeti, who was appointed deputy head of Sudan’s transitional military council. Writing by Hesham Hajali and Lena Masri, Editing by Angus MacSwanOur Standards:The Thomson Reuters Trust Principles.

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Google’s Sensorvault Is a Boon for Law Enforcement. This Is How It Works.

Law enforcement officials across the country have been seeking information from a Google database called Sensorvault — a trove of detailed location records involving at least hundreds of millions of devices worldwide, The New York Times found. Though the new technique can identify suspects near crimes, it runs the risk of sweeping up innocent bystanders, highlighting the impact that companies’ mass collection of data can have on people’s lives.Why does Google have this data?The Sensorvault database is connected to a Google service called Location History. The feature, begun in 2009, involves Android and Apple devices.Location History is not on by default. Google prompts users to enable it…

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IMF chief calls for central bank accountability, communication

IMF Managing Director Christine Lagarde leaves the G-20 Finance Ministers and Central Bank Governors' meeting at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler Duggan/File PhotoWASHINGTON (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Saturday accountability, transparency and effective communication were key components for central banks to be credible in delivering their mandates. “Independence has served them well in the course of time and will continue to do so,” Lagarde said at a news conference when asked whether some central banks were facing threats to their independence in setting monetary policy. Reporting by David Lawder and…

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Mnuchin says hopes U.S.-China trade talks nearing ‘final round’

U.S. Treasury Secretary Steven Mnuchin leaves the G-20 Finance Ministers and Central Bank Governors' meeting at the IMF and World Bank's 2019 Annual Spring Meetings, in Washington, April 12, 2019. REUTERS/James Lawler DugganWASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous efforts to open China’s markets to U.S. companies and hoped that the two sides were “close to the final round” of negotiations. Mnuchin, speaking to reporters on the sidelines of the International Monetary Fund and World Bank spring meetings, said that he and U.S. Trade Representative Robert Lighthizer would hold two calls next week with…

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