World

Former Sinopec chairman sentenced to 16 years in prison for graft – state media

Reuters (Beijing)  Former chairman of China’s state-owned oil company Sinopec Corp , Su Shulin, was sentenced to 16 years in prison for graft, state media The People’s Daily reported on Thursday citing the Shanghai Second Intermediate Court Su was appointed as governor of Fujian, one of the country’s wealthiest provinces on the coast across from Taiwan, after his role at Sinopec Su was found to illegally accept a total of 36.22 million yuan ($5.34 million) during his work at Sinopec and while governor ($1 = 6.7775 Chinese yuan renminbi)

Venezuela to remove five zeroes from ailing currency

CARACAS,  (Reuters) – Venezuela will remove five zeroes from the bolivar currency rather than the three zeroes originally planned, President Nicolas Maduro said yesterday, in an effort to keep up with inflation projected to reach 1 million percent this year.

Windalco escapes US sanctions

(Jamaica Gleaner) The impact of United States (US) sanctions on the West Indies Alumina Company (Windalco), owned by United Company (UC) Rusal of Russia, has been alleviated, at least for now, following sustained lobbying by the Jamaican Government.

Wildfires kill at least 74 in Greece’s “Pompeii”

MATI, Greece,  (Reuters) – Greece’s prime minister told of the “unspeakable tragedy” the country faced after at least 74 people were killed by wildfires that swept through a resort, trapping people in cars and on the edge of cliffs as others were forced to jump off to survive.

U.S. says 463 migrant parents may have been deported without kids

(Reuters) – More than 450 immigrant parents who were separated from their children when they entered the United States illegally are no longer in the country though their children remain behind, according to a joint court filing yesterday by the federal government and the American Civil Liberties Union.

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