KINSHASA (Reuters) - One South African soldier was killed and 13 others where injured in a battle with Rwandan-backed M23 rebels in eastern Democratic Republic of Congo, the South African National Defence Force said on Friday.
The soldiers, deployed to Congo as part of its contribution to the Southern African Development Community (SADC) force sent to tackle armed groups there, came in contact with the rebels in the eastern town of Sake on Thursday,... (continue reading...)
By Lewis Krauskopf
NEW YORK (Reuters) - It's been a banner year for the major U.S. stock indexes, but one economically sensitive corner of the market sticks out as a sore spot.
The Dow Jones Transportation Average has fallen about 5% so far this year, a significant contrast with the 9% year-to-date rise for the benchmark S&P 500 and the 1% rise in the Dow Jones Industrial Average, which topped 40,000 points for the first time this month.
... (continue reading...)(Reuters) - Pakistan's Planning Ministry said on Friday that the economic outlook for the next year was positive, with a growth target of 3.6%, while inflation was likely to moderate to 12%.
Pakistan will present its annual budget on June 10, three days later than expected, two government sources said on Friday, as markets wait for details of plans seen as crucial to securing a new International Monetary Fund (IMF) loan. Pakistan's fiscal year starts... (continue reading...)
By Camillus Eboh
ABUJA (Reuters) -Nigeria's main labour unions on Friday said they had declared an indefinite strike from Monday after failing to agree a new minimum wage with the government.
The Nigerian Labour Congress (NLC) and the Trade Union Congress (TUC) - two of the country's biggest unions - had said on May 1 that they would down tools if a new minimum wage was not agreed by the end of May.
"Government refused to move... (continue reading...)
(Corrects days of police reports to Friday, not Tuesday, in first and second paragraph and to Thursday, not Monday, in second paragraph)
SAN SALVADOR (Reuters) -El Salvador's national police shared details on Friday about an alleged plot by veterans of the country's civil war to detonate explosives on Saturday, when President Nayib Bukele is inaugurated for a second term.
KEY QUOTE
The suspects "were part of the so-called... (continue reading...)
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