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Preparations for the opening of the regional branch of the $100 billion NDB is at an advanced stage, Zuma told South African lawmakers.
The President’s approval rating plunged to 8 per cent in August, a record low.
Italian officials said they rescued some 373 people and recovered 25 corpses from the choppy waters.
Venezuelans have complained of a lack in basic amenities such as sugar, milk, and toilet paper, as well as some medicines.
The mining industry will shed thousands of jobs, but other sectors also face challenges, leading economists say.
India and EU have wrangled over the quality of data from clinical trials by India’s private firm, GVK Biosciences.
Falling commodities demand and rampant inflation batter the currency as the economy contracts.
Amy Yuan Zhuang analyses the Chinese stock market plunge.
Both EU and Greek officials expressed optimism that final bailout talks will end before an August 20 deadline.
The services sector accounts for almost half of the economy and is the biggest employer in China.