Monthly Archives: November 2014

QE or not QE? Spotlight on the ECB as inflation dips

A euro logo sculpture stands in front the headquarters of the European Central Bank in FrankfurtBy Ingrid Melander PARIS (Reuters) – The ECB's monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European woes and U.S. strength. Final purchasing manager indices for Europe and the United States, U.S. monthly jobs data and the European Central Bank's updated forecasts will all provide clues to assessing the relative health of both regions. …

US boy missing four years found behind ‘fake’ wall

A 13-year-old boy whose mother reported him missing four years ago was found by police hidden behind a false wall in his father's Georgia home, US media saidA 13-year-old boy whose mother reported him missing four years ago was found by police hidden behind a false wall in his father's Georgia home, US media said. Authorities arrested five people including the father and stepmother, in Jonesboro, near Atlanta, the local WXIA news network said, showing moving footage of the boy cuddling up to his mother, both in tears, as they were reunited on Saturday. Clayton county police were called to a house late Friday, but Police Sergeant KT Hughes said its occupants denied any knowledge of the child to officers. She directed police to a false wall, hidden by towels, enabling them to find him.

Ivory Coast army protests sow fears of return to unrest

Ivory Coast's President Ouattara walks next to Chief of Staff, General Bakayoko during a parade to commemorate the country's 54th Independence Day, outside the presidential palace in AbidjanBy Joe Bavier ABIDJAN (Reuters) – Protests by disgruntled soldiers in Ivory Coast have exposed the government's failure to reform its mutiny-plagued armed forces and its rapid capitulation sets a dangerous precedent in a country with bright economic prospects. Ivory Coast – French-speaking West Africa's largest economy – is emerging from a decade of crisis that ended in a brief civil war in 2011. Its rapid revival and vast potential have made it the new darling of frontier investors in Africa. …

Inter-ethnic conflict racks Congo’s mining heartland

By Aaron Ross MUKONDO, Democratic Republic of Congo (Reuters) – Nsange’s troubles began with an affair. Pygmy residents of the village in southeastern Democratic Republic of Congo caught a Bantu man in bed with a married pygmy woman last year. Retribution was swift: a group of pygmies beat the Bantu to death.     The killing sparked a vicious series of reprisals in this corner of mineral-rich Katanga province. Each side scrambled to form militias, armed with machetes and bows and arrows, that unleashed an orgy of execution, pillage and rape.  Hundreds of its pygmy residents fled. …

France’s Hollande praises peaceful Burkina transition as model for Africa

French President Francois Hollande pays tribute at the tomb of Leopold Sedar Senghor, a former president of Senegal at a cemetery in Bel Air, near DakarBy Emma Farge and Elizabeth Pineau DAKAR (Reuters) – French President Francois Hollande warned African leaders on Saturday against trying to hang on to power, praising peaceful political transitions in Burkina Faso and Tunisia as positive examples to the continent. Addressing African heads of state at the opening of a two-day summit of Francophone nations in the Senegalese capital Dakar, Hollande also said that France would continue to support regional efforts to fight Islamic militants. …