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(MENAFN - AFP) For years the Horn of Africa nation Djibouti was seen by foreign powers as a far-flung military outpost overlooking the Gulf of Aden.

Now the strategic port wants to capitalise on its key position on one of the world's busiest shipping lanes, the gateway to the Suez canal.

Djibouti offers an African base across from the Arabian Peninsula at the crossroads ...

(MENAFN - AFP) Manuel Domingos constantly fears being placed on mandatory leave, like thousands of fellow workers at an auto factory outside Sao Paulo, proof of the major downturn in Brazil's once powerful auto industry.

Domingos, a 40-year-old Ford worker, spoke of a "feeling of insecurity" at the Sao Bernardo do Campo plant in the Sao Paulo suburbs.

"If we are having ...

(MENAFN - AFP) BlackBerry is laying off an unspecified number of workers around the world as the struggling smartphone manufacturer tries to make its device business profitable.

The Canadian company, based in Waterloo, Ontario, said the cuts will impact those working on the software, hardware and applications side of the business.

"As the company moves into its next ...

(MENAFN - AFP) As Google faces an antitrust probe from European regulators, some analysts are questioning whether the California tech giant's dominance has already peaked.

While Google remains one of the world's biggest companies with overwhelming dominance of Internet search, its prospects are less rosy in a tech landscape rapidly shifting to mobile devices and social media, ...

(MENAFN - AFP) European Central Bank President Mario Draghi on Saturday said it was time for eurozone governments to launch reforms, warning that growing structural differences were dangerous for the monetary union.

"There is not going to be a better moment than now to make reforms," Draghi told central bankers and economists at a forum held in the historic Portuguese city ...

(MENAFN - AFP) Ireland on Saturday became the first country in the world to approve gay marriage by popular vote as crowds cheered in Dublin in a spectacular setback for the once all-powerful Catholic Church.

With ballots in 40 out of 43 constituencies counted, the "Yes" vote was ahead with 62.3 percent, official figures showed, and public broadcaster RTE said the result ...

(MENAFN - AFP) Greek Prime Minister Alexis Tsipras said Saturday he believes a bailout deal with creditors is nearing, yet remained adamant that there are strict limits to demands Athens will accept.

"We have done what we ought to do, now it's Europe's turn to do so," Tsipras said in a speech to his hard-left Syriza party's central committee, where he claimed the country ...

(MENAFN - AFP) China's top Taiwan affairs official Zhang Zhijun met his Taiwanese counterpart Saturday, with Beijing's rejection of Taipei as a founding member of a China-led regional infrastructure bank a key issue on the agenda.

China last month dashed the island's hopes of becoming a founding member of the Asian Infrastructure Investment Bank (AIIB), though a Chinese foreign ...

(MENAFN - AFP) Ireland looked set on Saturday to become the first country in the world to approve gay marriage by popular vote as crowds cheered in the streets of Dublin in anticipation of the spectacular setback for the once all-powerful Catholic Church.

Government ministers said early results showed a clear victory for the "Yes" vote, while a leading "No" campaigner conceded ...

(MENAFN - AFP) Peru has declared a state of emergency in the country's south, where a violent protest against the Tia Maria copper mine has left four people dead in two months.

The move late Friday, which means the military will take charge of security in the province of Islay, came hours after a clash between protesters and police left a 55-year-old demonstrator dead, according ...

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