ANKARA, Aug 31 (Reuters) – Turkey’s economy is bouncing back from a pandemic-induced slump with close to 10 percent growth expected this year as manufacturing and consumption soar, but the boom is feeding into – and in turn being eroded by – double-digit inflation. Wall Street bank Citi sees inflation ending the year at 17.5 percent or higher. STANDING ALONEMeanwhile Turkey’s central bank, which holds its next policy meeting on September 23, expects consumer prices to dip to 14 percent by year-end and has downplayed what it calls inflation “volatility”. The government has predicted more than eight percent economic growth this year. Reporting by Nevzat Devrangolu and Jonathan Spicer; editing by John StonestreetIMAGE: Women shop at a local market in Istanbul, Turkey January 12, 2021.

August 31, 2021 08:15 UTC

TOKYO, Aug 31 (Reuters) – US climate envoy John Kerry arrived in Tokyo for talks on Tuesday with Japanese Prime Minister Yoshihide Suga on cooperation on carbon emissions and cutting support for fossil fuels, especially coal, before heading to China tonight. In China, Kerry will hope to build on commitments secured during a visit in April that the country will work urgently work to curb climate change. Kerry’s visits come after the US Treasury said earlier this month the United States would oppose most involvement of multilateral development banks like the World Bank in fossil fuel projects. China, the United States and Japan are the world’s biggest, second- and fifth-biggest carbon emitters. Amid political tension between the two sides, the United States has tried to ring fence climate issues and Kerry has no remit to discuss any other topics with China.

August 31, 2021 07:52 UTC

Juventus have signed Moise Kean on a two-year loan from Everton, the Serie A club said on Tuesday, as the Italian striker returns to the side where he made his professional debut. Juventus said they agreed to pay a loan fee of seven million euros, with three million euros to be paid in the 2021-22 season and four million euros next season. Kean, who came through Juve's youth system, made his senior debut in 2016 at the age of 16, becoming the club's youngest debutant and their second youngest scorer in Serie A.

August 31, 2021 07:30 UTC

DUBAI, Aug 31 (Reuters) – Dubai Islamic Bank, the United Arab Emirates’ largest Islamic lender, is planning to soon sell US dollar-denominated senior sukuk, or Islamic bonds, two sources said. Several issuers from the Gulf are expected to return to the international debt markets in the next few weeks following a lull in activity over the summer, bankers said. Companies and governments are seeking to lock in funding while global interest rates remain low, ahead of expectations of policy tightening from the US Federal Reserve. The Gulf so far this year has raised a combined $95 billion in the international markets, while in 2020 international bonds from the region totalled $111 billion, dominated by sovereigns and quasi-sovereigns, said the IIF. DIB sold $1 billion in five-year senior sukuk in June as well as $500 million in Additional Tier 1 sukuk in April, a deal that at the time set a record low rate for AT1 instruments from the region.

August 31, 2021 07:30 UTC

SAO PAULO, Aug 30 (Reuters) - Brazilian authorities have abandoned plans to allow a crowd of 12,000 to watch Sunday’s World Cup qualifier with Argentina due to what the Brazilian Football Confederation (CBF) said was a lack of time to prepare. Instead, only 1,500 invited guests will be allowed inside the 48,234-capacity Neo Quimica Arena, home of Sao Paulo club Corinthians, for the match. The much-awaited clash between the South American giants is the second in a triple header of World Cup qualifiers taking place between Sept. 2 and Sept. 9. Brazil play Chile on Thursday and, after facing Argentina, they take on Peru on Sept 9. Brazil top the South American qualifying group after six games, six points ahead of second-placed Argentina.

August 30, 2021 21:56 UTC





But strengthening the flood protection system in New Orleans couldn’t spare some neighboring communities from Ida’s destructive storm surge. Two flood protection districts oversee the system in Orleans, Jefferson and St. Bernard parishes. It means it had adequate protection against this storm surge,” Horowitz said. After Katrina, the federal government spent $14.5 billion on projects designed to enhance protection from storm surge and flooding in New Orleans and surrounding suburbs south of Lake Pontchartrain. Work recently began on a levee project to protect tens of thousands of residents of LaPlace and other communities outside New Orleans’ levee system.

August 30, 2021 21:22 UTC

Aug 30 (Reuters) - Brazil winger Willian has left Arsenal after his contract at the club was mutually terminated ahead of his switch to Corinthians on a free transfer, the Premier League side said on Monday. The 33-year-old has struggled for form since he arrived at Arsenal from fellow London side Chelsea last year and made 38 appearances in the 2020-21 campaign. "He had two more years to run on his contract but following positive... discussions with him and his team, he'll be leaving for a new opportunity with Corinthians in Brazil where he began his career," Arsenal said in a statement. Before his move to Arsenal, Willian scored 63 goals in 339 appearances in a trophy-laden spell with Chelsea after arriving from Russia's Anzhi Makhachkala in 2013. He leaves England having won two Premier League titles, the FA Cup, the League Cup and the Europa League.

August 30, 2021 21:00 UTC

After the Taliban takeover of Afghanistan, losing internet access has become a major worry for Afghans, especially among the middle class. Access to social media sites including Twitter and Facebook, as well as messaging apps like WhatsApp, remain unblocked. Since the internet was introduced to Afghanistan nearly 20 years ago, the World Bank estimates that 13.5% of Afghans currently have access. ‘Taliban 2.0’ goes onlineMany Taliban officials seem to be embracing the internet by joining Twitter and opening communication channels on WhatsApp. A report by the Atlantic Council last week said that the Taliban weaponized social media during their campaign to take over Afghanistan.

August 30, 2021 14:26 UTC

BEIJING (AP) — China is banning children from playing online games for more than three hours a week, the harshest restriction so far on the game industry as Chinese regulators continue cracking down on the technology sector. The new regulation affects some of China’s largest technology companies, including gaming giant Tencent, whose Honor of Kings online multiplayer game is hugely popular globally, as well as gaming company NetEase. The gaming restrictions are part of an ongoing crackdown on technology companies, amid concerns that technology firms — many of which provide ubiquitous messaging, payments and gaming services — may have an outsized influence on society. Chinese authorities in recent months have targeted e-commerce and online education, and have implemented new regulations to curb anti-competitive behavior after years of rapid growth in the technology sector. Last month, authorities banned companies that provide tutoring in core school subjects from making a profit, wiping out billions in market value from online education companies such as TAL Education and Gaotu Techedu.

August 30, 2021 14:03 UTC

JERUSALEM (AP) — Israel’s prime minister’s office has urged former premier Benjamin Netanyahu to return dozens of expensive gifts he received while serving in the nation’s top job. Netanyahu, ousted from the top job and replaced by Prime Minister Naftali Bennett in June, has denied all charges and has said he’s a victim of a smear campaign. A senior Israeli official, speaking on condition of anonymity because he was not authorized to talk to the media, confirmed the prime minister’s office contacted Netanyahu to return gifts he received as premier. But gifts worth over a certain amount — 300 shekels or about $90 — are the property of the state of Israel. Now, Netanyahu himself is on trial for fraud, breach of trust and accepting bribes in a series of cases while he served as prime minister.

August 30, 2021 12:56 UTC

Arab League foreign ministers hold an emergency meeting on Trump's decision to recognise Jerusalem as the capital of Israel, in Cairo, Egypt December 9CAIRO - 30 August 2020: Arab League Secretary General Ahmed Abul Gheit has shed light on the role played by Algeria in improving the conditions in Libya, saying he looks forward to meeting Algerian President Abdelmadjid Tebboune. The Arab League chief's statements came during a meeting Monday with Algerian Foreign Minister Ramtane Lamamra at the start of his visit to Algiers to take part in the ministerial conference of Libya's neighbors being held in the Algerian capital Monday and Tuesday. A source at the Arab League said the meeting took up the latest developments in Libya as well as the elections due to be held in the north African country late this year. This came in a statement issued by the Libyan Foreign Ministry, in which it expressed its deep regret over the situation between the two countries. He also accused it of supporting two organizations he described as "terrorist" and involved in the recent fires that broke out in Algeria.

August 30, 2021 12:49 UTC

CAIRO – 30 August 2021: Egypt’s Prime minster Mostafa Madbouli said, Monday that the government noticed that Egyptians started to abandon COVID-19 precautionary measures. He added that abandoning these measures caused an increase in the infections recorded recently. The production of Covid vaccine will not only serve Egypt, but will also be exported to Africa and regional countries, Madbouli said. Prime Minister Madbouli Monday inspected a complex of the Holding Company for Biological Products and Vaccines (VACSERA) at the industrial zone in the 6th of October City. The VACSERA complex is planned to manufacture daily production of up to three million doses of the different vaccines [mainly 8 types of key vaccines to citizens], not only against Covid-19.

August 30, 2021 11:15 UTC

CAIRO – 30 August 2021: Egypt’s President Abdel Fattah El Sisi issued on Monday decree No.365 of 2021 renewing the appointment of Hassan Abdel Shafi Ahmed as acting chairman of the Administrative Control Authority (ACA) for one year, starting Aug 30, 2021. August 2020, Sisi appointed Major General Hassan Abdel Shafi, a 58-year old military engineer, as a new head of the Administrative Control Authority, the country’s regulatory body responsible for enforcing laws and regulations within state bodies. Abdel Shafi succeeded Major General Sherif Seif El Din, who has been in post for two consecutive terms since August 2018. President Abdel Fatah al-Sisi has always stressed on applying strict measures within the government institutions to crack down any violation. In October 2019, Sisi has ordered publishing the results of the government's anti-corruption strategy to maintain transparency, announced the ACA in a statement.

August 30, 2021 10:07 UTC

CAIRO – 30 August 2021: The World Health Organization [WHO] called on prioritizing vaccinating teachers against COVID-19 all around the world. A joint statement issued by WHO and the UNICEF, stated that prioritizing vaccinating the teachers will help keeping schools open especially in Europe and Central Asia throughout the pandemic. In Egypt, President Abdel Fatah al-Sisi ordered the vaccination of all university and school staff and students against COVID-19 ahead of the new academic year. Public schools are set to begin on October 9, while international school students are due back on September 12. Salah el-Din called on workers at the Ministry of Education to register until September to receive the vaccination.

August 30, 2021 09:07 UTC

- Osama Azab and Mostafa Shbeita, Egypt clearing players, were suspended for one match, each for receiving a third warning. A fine of 100,000 pounds on Zamalek Club for collective chanting and insulting against the elements of the game during and after its match against the National Bank. - A fine of 100,000 pounds on Zamalek Club for dropping excessive numbers during the second half of the same match, which led to a 3-minute stoppage. Zamalek player Ahmed Aboul Fotouh suspended a match for receiving a third warning in the same match. Hazem was suspended in front of the Zamalek player for 4 matches and a fine of 100,000 pounds for unsportsmanlike behavior.

August 30, 2021 07:52 UTC