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UNHCR plans for 1.4 million refugees in 2015-6

 U.N. refugee agency UNHCR expects 1.4 million refugees to flee to Europe via the Mediterranean this year and next, it said in a revised appeal seen by Reuters Thursday, a sharp rise from initial estimates of 850,000. "UNHCR is planning for up to 700,000 people seeking safety and...

WTO: China, U.S., refugees imperil growth

World trade will grow by 2.8 percent this year and could fall back further by a U.S. interest rate rise, China’s economic slowdown or Europe’s refugee crisis, the World Trade Organization said Wednesday. The forecast, revised down from a 3.3 percent forecast made in April, means 2015 will be...