German investor confidence sags over trade conflict Brexit

October 7, 2019

FRANKFURT — An indicator of investors’ view of the German economy fell to its lowest since December 2011 amid concerns about the U.S.-China trade conflict, the chance of a disorderly Brexit and a possible competition among countries to devalue their currencies.The ZEW institute’s indicator of economic sentiment fell to minus 44.1 points in August, down by 19.6 points from July and well below the ZEW’s long-term average of plus 21.6 points.ZEW President Achim Wambach said Tuesday the results “show a significant worsening of the outlook for the Germany economy.” He cited the trade dispute between the U.S. and China. Other factors included fears that countries would race to devalue their currencies and a possible disorderly exit by Britain from the European Union without a deal to ease trade.The Associated Press read more

UN envoy in Darfur extends condolences following fatal plane crash in Sudan

October 2, 2019

“The Acting Joint Special Representative of UNAMID, Aichatou Mindaoudou, is saddened by today’s plane crash, which took the life of an entire delegation chaired by the Minister of Guidance and Endowments, Ghazi Al-Saddiq, as well as the crew,” a UNAMID news release stated.According to media reports, 32 people, including the Minister and other Government officials, died when a plane taking them to an Islamic festival crashed near the town of Talodi, in the southern state of South Kordofan.“On behalf of UNAMID, Ms. Mindaoudou offers her deepest sympathies and heartfelt condolences to the bereaved families of all victims and to the Government and the people of Sudan,” the news release added. read more