Oil Recovery Hits Saudi Devaluation Bet
Oil’s rebound to about $40 a barrel means some investors are nursing losses after betting that Saudi Arabia would abandon its three-decade-old currency peg.Contracts used to speculate on the kingdom’s exchange rate in the next 12 months have fallen to about the lowest since November. A $1 million wager on the contracts at their peak in January would have lost 68,900 riyals ($18,370), or about 1.8 percent, according to Bloomberg calculations. Several U.S.-based hedge funds were said in February ..>> view originalAlgerian nabbed in Italy for alleged link to Belgium network
By Frances D'Emilio | AP March 27 at 1:07 PM ROME — Police in southern Italy have arrested an Algerian man wanted by Belgian authorities for alleged involvement in a Belgium-based network which provided false IDs used by people implicated in the Paris and Brussels attacks, investigators said Sunday. Djamal Eddine Ouali was arrested Saturday in the town of Bellizzi, outside of the port city of Salerno, said Luigi Amato, the head of Salerno police’s anti-terrorism squad. Ouali apparently “didn..>> view originalDutch arrest Frenchman in Rotterdam suspected in planning attack
THE HAGUE, Netherlands – Dutch police arrested a 32-year-old Frenchman in the port city of Rotterdam on Sunday at the request of French authorities who suspect him of "involvement in planning a terror attack," prosecutors said. Residents were evacuated from homes near addresses on two streets that were raided Sunday by anti-terror police, who also took three other men into custody. French officials requested the arrest Friday after the suspect emerged during an investigation, according to a st..>> view originalPope Francis at Easter recalls victims of 'blind, brutal terrorism'
In Jerusalem, the cavernous Holy Sepulcher church — where Christians believe Jesus was crucified, buried and resurrected — was packed with worshippers commemorating the day they believe Jesus was resurrected in Jerusalem some 2,000 years ago. For years, Islamist extremists in social media have listed the Vatican and Rome as potential targets due to hosting the headquarters of the Roman Catholic church and several basilicas. Despite the threats, Francis has kept to his habit of trying to be in c..>> view originalIn Pakistan, Taliban attack on Easter targets Christians; 67 people killed
The suicide blast in the eastern Pakistan city of Lahore killed at least 67 people, a local government spokesman told CNN.More than 300 others were injured, police official Haider Ashraf said. The explosion ripped through the heart of Lahore on Sunday evening, at a time when many families were at the city's Gulshan Iqbal Park to celebrate the Easter holiday. Many women and children were among the victims. Ehsanullah Ehsan, a spokesman for the splinter group of the Pakistani Taliban known as Jama..>> view originalSyrian Government Regains Control of Palmyra From Islamic State
BEIRUT—The Syrian regime regained control of the ancient city of Palmyra on Sunday, its first significant victory over Islamic State and the latest in a string of territorial losses for the extremist group. Capturing Palmyra could open a gateway to militant strongholds to the northeast, in the provinces of Raqqa and Deir Ezzour, though there are no signs Syria and its allies are prepared to launch a broader offensive soon. The...>> view originalBritish girl, 7, dies after gust blasts bouncy castle into the air during Easter weekend celebration
A 7-year-old girl died on Saturday after a gust blasted a bouncy castle and swept it into the air during an Easter celebration near London. The 25 mph winds launched the inflatable Toy Story-themed playhouse 150 yards into the sky, ripping it out of ...>> view originalBelgian authorities criticized; 13 anti-terror raids made
////[39067028,18016845,38948024,39064428,31320844,34690125,37611268,33820445,38992245,35136955,39049113,38687790,25787500,36805831,38851472,38874795,38719573,39066777,39034621,38160259,22185633,36100226,39032296,39068226,31506907,39054877,25369030,38987593,34251316,18950067,28866760,31974020,39041357,38121687,39050659,31122017,38545330,29865284,34628906,38995950,22022467,32619475,35095127,30017741,31470293,31444589,31683776,31507341,13809071,34631484,35707258,10154220,39064350,3..>> view originalTensions Erupt in Brussels, and Police in 4 Countries Make Arrests
BRUSSELS — The police in at least four countries arrested new suspects during the weekend in the Paris and Brussels terrorist attacks, as memorials in central Brussels to the victims of Tuesday’s bombings were briefly overrun by hooligans.Angry protesters gathered near the Brussels stock exchange on Sunday. Chanting “Belgie barst” — or “Break up Belgium,” a Flemish slogan used by one of Belgium’s nationalist far-right parties — they brandished flares and threw water bottles at peaceful demonstr..>> view originalMexicans burn effigies of Trump in Easter ritual
David Agren, Special for USA TODAY 5:10 p.m. EDT March 27, 2016Mexicans prepare to set fire to an effigy of Donald Trump during Holy Week celebrations in Mexico City.(Photo: Yuri Cortez, AFP/Getty Images)MEXICO CITY — This country's artisans usually set fire to effigies of unpopular Mexican politicians in their “burning of Judas” ritual every Easter weekend. This year, the politician they love to hate the most is an American: Donald Trump.The Republican presidential front-runner has..>> view original
Sunday, March 27, 2016
Oil Recovery Hits Saudi Devaluation Bet and other top stories.
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