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News from the Global South

 

Militants 'seize Libyan oil fields'
Islamist militants have seized two oil fields in central Libya, officials say, as rival factions reportedly carry out air strikes.

Lesotho set for coalition after vote
Lesotho is set for coalition talks after no party gained a majority in elections called after last year's attempted coup.

Kenya leader sets fire to tusks
Kenyan President Uhuru Kenyatta sets fire to 15 tonnes of elephant ivory as part of the East African nation's efforts to curb poaching.

Brazil in huge ‘oil kickback’ probe
Brazil's chief prosecutor seeks to investigate 54 people, including politicians, for alleged involvement in a kickback scheme at state oil firm Petrobras.

Colombia stops Chinese arms ship
The Colombian authorities arrest the captain of a Chinese ship on its way to Cuba after finding undeclared gunpowder and cannon shells aboard.

Chinese service PMI continues to grow in February
The service sector continued to expand in February, but at a modest pace, according to an industry index released by HSBC on Wednesday.

Digital red envelopes may be seen as bribery
Government officials receiving red envelope via WeChat are breaking the law, Xinhua reported, citing Hangzhou's discipline inspection commission.

US firms maintain optimistic China outlook
The healthcare sector shows the optimism resulting from the growth of China's growing middle class, increasing urbanization, and Chinese government policy priorities and spending.

China's financial industry receives 51.85b yuan in net FDI 2014
China's financial institutions received 51.85 billion yuan ($8.44 billion) in net foreign direct investment (FDI) in 2014.

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