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ECB to hunker down as eurozone outlook worsens

Analysts expect the European Central Bank to acknowledge growing risks to the eurozone economy Thursday while sticking to its patient course, kicking off a year that could see the Frankfurt institution mostly marking time. The central bank is caught at an intermediate stage of withdrawing...

Mexico pipeline explosion killed 89, Pemex defends response

A gasoline pipeline explosion in central Mexico last week killed at least 89 people, the country's health minister said on Monday, while an official with the state-owned oil company defended its response to the leak. There were also 51 people injured, Health Minister Jorge Alcocer told a...

Jordan hits out at Israel's new Red Sea airport

Jordan on Monday hit out at Israel's move to open a new international airport along their shared border close to the Red Sea, saying it would threaten the kingdom's airspace. "Jordan rejects the establishment of the Israeli airport in its current location," head of Jordan's Civil Aviation...

EU slaps sanctions on more Syrian businessmen, entities

The European Union on Monday added 11 businessmen and five entities to the sanction list as part of restrictive measures against Syria’s Bashar al-Assad regime and its supporters. In a statement, the European Commission said the sanctions list now includes 270 persons and 72 entities that...