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World markets extend losses as China falters again

Tuesday, September 1, 2015 7:35am

Downbeat data showed factory activity in China hit a three-year low, fuelling concern over the health of the world's number two economyGlobal stock markets plunged further on Tuesday as more gloomy evidence emerged of China's economic slowdown, leading to heavy sell-offs from Hong Kong to New York. Downbeat data showed factory activity in China hit a three-year low, fuelling concern over the health of the world's number two economy. Tokyo stocks tumbled almost four percent as China woes spread, with Europe's main markets following in its wake losing around three percent in mid-afternoon deals.

Ukraine reels from clashes as third policeman dies

Tuesday, September 1, 2015 7:34am

Activists of radical Ukrainian parties, including the nationalist party Svoboda (Freedom), clash with police on August 31, 2015Ukraine was in shock Tuesday after fierce clashes outside parliament killed three policemen and wounded 140 people as tensions flared over controversial legislation giving more autonomy to pro-Russian rebels. It was the worst unrest in Kiev since a bloody uprising ousted a Moscow-backed president in early 2014, unleashing a separatist insurgency in the industrial east that has killed thousands of people. "At a time when Russia and its bandits are seeking to destroy the country but are unable to do this on the front line, the so-called pro-Ukrainian political forces are trying to open a second front inside the country," said Prime Minister Arseniy Yatsenyuk.

Chaos in Hungary as figures show gravity of migrant crisis

Tuesday, September 1, 2015 7:33am

Migrants protest at Keleti railway station in Budapest on September 1, 2015, during its evacuation by local policeHungarian police blocked hundreds of migrants from boarding trains to western Europe from Budapest's main rail station Tuesday, as figures showed more than 350,000 have risked their lives to cross the Mediterranean this year. As hundreds of police, some in riot gear, moved people out of Keleti station, statistics from the International Organization for Migration (IOM) revealed the scale of the crisis in Europe which is facing the biggest movement of people since World War II. In a separate statement, the UN children's agency (UNICEF) said 80 percent of those arriving in Macedonia, a major transit point on the route to western Europe, were refugees from the bloody civil war in Syria.

Northern Irish Unionists want parliament suspended for crisis talks

Tuesday, September 1, 2015 7:31am

Ireland's PM Kenny arrives at the EU Council headquarters at the start of a European Union leaders summit in Brussels, BelgiumBy Padraic Halpin DUBLIN (Reuters) - Northern Ireland's first minister will ask Britain's Prime Minister to suspend the Northern Irish Assembly for four weeks to facilitate talks to save the power-sharing executive threatened by a crisis over an IRA-linked murder. Peter Robinson's Democratic Unionist Party (DUP) sought the permission of a parliamentary committee to extend the summer recess by a month earlier on Tuesday but their motion was voted down by the nationalist Sinn Fein, whom they share power with. The DUP last week said it wanted Sinn Fein, the one-time political wing of the IRA, thrown out of government after police said a rump of the militant group that formally disbanded in 2005 may have been involved the recent killing of a former member.

White House welcomes Ukraine's move to boost eastern region

Tuesday, September 1, 2015 7:31am

WASHINGTON (Reuters) - The White House said on Tuesday it welcomed the Ukrainian parliament's recent vote for constitutional changes that give its eastern region special status. "This action represents an important step toward comprehensive reform of Ukraine's governance and the empowerment of regional and local authorities," National Security Council spokesman Ned Price said. The vote on Monday was aimed at quelling a separatist drive in parts of Ukraine. (Reporting by Emily Stephenson; Editing by Susan Heavey)