International articles

FIA validates F1 ‘$8 billion’ takeover

Formula One’s governing body, the International Automobile Federation (FIA), said Wednesday it had approved Liberty Media’s $8 billion takeover of the sport.

African troops on standby to end Gambia crisis

Nigeria sent troops and fighter jets to Senegal in a show of military force Wednesday aimed at persuading Gambian President Yahya Jammeh to finally surrender power after an election defeat.

Families of Pakistan missing bloggers deny blasphemy charges

The families of two missing Pakistani bloggers claimed their loved ones were innocent on Wednesday after a virulent social media campaign painted the activists as blasphemers deserving execution under the country’s draconian laws.

Brazil troops sent to ‘clean’ restive prisons

Brazilian authorities said Wednesday they are deploying 1,000 troops to “clean out” arms and cellphones from restive prisons while police struggled to end a deadly gang face-off in one northern penitentiary.

US announces $5.3 bn settlement with Credit Suisse

US authorities on Wednesday announced a $5.28 billion settlement with the European banking giant Credit Suisse, adding to the list of loose ends being wrapped up as Washington prepares to install a new president.

Erdogan faces weak economy in path to greater power

Turkish President Recep Tayyip Erdogan is closer to getting a power boost after parliament’s first approval of a bill to change the constitution, but the flagging economy could present an unexpected roadblock.

Trump environment pick admits to human impact on climate change

US President-elect Donald Trump’s controversial pick to run the Environmental Protection Agency acknowledged Wednesday that human activity affects climate change, but he insisted the extent of that impact remains subject to debate.

Xi calls for world without nuclear weapons

Nations should strive for a world where nuclear weapons are prohibited and where existing stocks are destroyed, Chinese President Xi Jinping said in a speech at the United Nations Wednesday.

IMF says Egypt on track for next aid tranche

Egypt has made a “good start” on reforms under a loan deal with the International Monetary Fund and soaring inflation is expected to drop around mid-2017, an IMF official said Wednesday.