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(MENAFN - AFP) Egypt's President Abdel Fattah al-Sisi on Sunday defended a government decision to raise fuel prices as the authorities also slapped higher taxes on cigarettes and alcohol, state media reported.

The authorities late Friday decided to slash state subsidies on petrol and diesel, sparking anger among taxi drivers and others affected by the rising costs.

Police ...


(MENAFN - AFP) Experts tasked with investigating one of France's worst train accidents found "a state of disrepair never seen before" on the rail network, French media reported on Sunday.

Michel Dubernard and Pierre Henquenet, appointed by a court to find the cause of the July 2013 Bretigny-sur-Orge derailment that left seven people dead, ruled out a malicious act in ...


(MENAFN - AFP) A red-and-white sea of revellers soaked each other with wine in a packed Pamplona square on Sunday to kick off Spain's most famous fiesta, the San Fermin bull-running festival.A shout from the City Hall balcony of "Viva San Fermin!" and the lighting of a firecracker known as the "chupinazo" at noon (1000 GMT) set off the bedlam, which marks the official ...


(MENAFN - AFP) French President Francois Hollande on Monday kicks off a summit with business leaders aimed at creating half a million vitally-needed jobs in return for lower taxes, but a labour row threatens to mar the event.The two-day conference aims to tackle record unemployment of 3.38 million people, a key factor behind humiliating election defeats for the Socialists ...


(MENAFN - AFP) Spanish free wifi provider Let's Gowex revealed Sunday its accounts have been falsified for at least four years and it is filing for bankruptcy protection.Gowex, which offers wifi services in world capitals including Paris and New York, made the devastating admission after days of protesting that a damaging US report on its operations was incorrect and defamatory.Gowex ...


(MENAFN - AFP) Dubai is planning to build a temperature-controlled city featuring the world's largest mall and an indoor park, as well as hotels, health resorts and theatres, the developer said.Already home to one of the globe's biggest indoor shopping complexes, Dubai Mall, the glitzy emirate known for its love of grandiose projects said it is now planning to build the ...


(MENAFN - AFP) Switzerland has one-upped its European Union neighbours with a free trade deal with China that its politicians and business sector say is crucial to boosting ties with the world's second-largest economy.The free trade agreement (FTA), in force since Tuesday, is China's first with a mainland European country and was sealed in 2013 after two years of talks."We ...


(MENAFN - AFP) France is expected to scrap a planned hike in the tax levied on hotel stays after an outcry by the tourist industry, the Journal de Dimanche newspaper reported Sunday.

The draft law proposed by the lower house of parliament - which would have seen a five-fold increase in the tax - will be struck down by the Senate, the newspaper said without giving a source ...


(MENAFN - AFP) With one in five people unemployed and pensioners outnumbering those in work, Serbia is struggling with a record budget deficit and could sink into bankruptcy.Prime Minister Aleksandar Vucic has pledged reforms, including cuts in the bloated public sector, but analysts warn concrete measures have yet to be taken and financial markets could punish Serbia ...


(MENAFN - AFP) Yashpal Mor grew up watching men in his village stay single rather than defy the rules of the traditional council which controls Indian rural life with an iron grip.For as long as anyone can remember, families in a cluster of villages north of the capital have lived under two sets of laws - those of the government and another imposed by unelected but powerful ...

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