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Category: politics

US military kills six narcoterrorists in strike on vessel off Venezuela

The US military struck a vessel off Venezuela accused of drug trafficking, killing six narcoterrorists, President Trump announced. The operation, conducted in international waters, marks the fifth such strike, drawing attention to legality and escalating US-Venezuela tensions.

Fitch: Infra graft probe may hurt local banks’ loan quality

MANILA, Philippines – The deepening probe into anomalous flood control projects could hurt the asset quality of Philippine banks, Fitch Ratings warned, as delays in public works could squeeze the cash flows of contractors and undermine their ability to pay loans. Tamma Febrian, director of the financial institutions team at Fitch, said banks with higher