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(MENAFN - AFP) Polish tour guide and ex-treasure-hunter Andrzej Gaik cannot contain his excitement as he points to the train track slope that has left the world spellbound: hidden in its depths may very well be a Nazi gold train.

"There it is, that's where the tunnel's entryway was located, that's where the train is hidden," Gaik says while indicating a slightly sunken-in ...

 
(MENAFN - AFP) Dreadlocked Indian holy men and waves of Hindu pilgrims washed away their sins with a religious dip on the first main bathing day of India's massive Kumbh Mela festival Saturday.

The sadhus, or "Godmen", naked and with their faces painted, danced and chanted as they jumped into a holy ghat at a temple in the western Indian state of Maharashtra.

Tens of ...

29 Aug 2015   Brazil tumbles into recession 
 
(MENAFN - AFP) Brazil has slipped into recession, the government said Friday, deepening the gloom in the world's seventh largest economy already battered by falling commodity prices, political crisis and a corruption scandal.

In the second quarter of this year, gross domestic product fell 1.9 percent, according to official figures.

GDP had already been down 0.7 percent ...

 
(MENAFN - AFP) The United Nations has called a Dutch character with a black face who appears every Christmas a "vestige of slavery" and said The Netherlands should begin overturning the popular tradition.

But Prime Minister Mark Rutte said the fate of "Black Pete", a sidekick of the Dutch Saint Nicholas, is not up to his government, calling the controversy a "social issue" ...

 
(MENAFN - AFP) Many commodities faced a fierce sell-off earlier this week, rooted in demand fears arising from China's slowdown, but later rebounded in line with equities after surprisingly strong US growth data.

World stock markets were hammered on Black Monday -- with Shanghai collapsing by almost 8.50 percent -- as risk-averse investors dumped shares and many commodities ...

 
(MENAFN - AFP) Switzerland's economy expanded by 0.2 percent in the second quarter of this year, the economic affairs ministry said Friday, allowing the country to dodge a recession.

The meagre growth from the first quarter came after the Swiss economy contracted by 0.2 percent during the first three months of the year, which had left many analysts forecasting that the wealthy ...

 
(MENAFN - AFP) Tokyo shares led Asian stock markets higher on Friday after a surprisingly upbeat US economic growth report buoyed investors following a prolonged rout driven by concerns over China's economy.

The dollar gained and oil prices rose on the back of the US growth report, while the yen came under pressure from data showing Japan's inflation was flat last month.

Tokyo ...

 
(MENAFN - AFP) Federal Reserve Vice Chair Stanley Fischer said Friday that no decision had been made yet on raising interest rates at the US central bank's September 16-17 policy meeting.

Fischer told CNBC television in an interview that while the US economy remains strong, it was "too early to tell" whether the markets turmoil sparked by China has lessened the argument for ...

 
(MENAFN - AFP) Greece geared up Friday for a snap election next month, with an opinion poll showing leftist party Syriza ahead despite a wave of defections over the country's massive new bailout.

The state-run ANA news agency said President Prokopis Pavlopoulos had signed a decree dissolving parliament and confirming the widely-expected date of September 20 for the crisis-hit ...

 
(MENAFN - AFP) Global stock markets finished mixed on Friday at the end of a turbulent week driven by worries over China's slowing growth with some relief coming from data showing the strength of the US economy.

Global equities were hammered on Black Monday as risk-averse investors dumped shares on spreading panic that the flagging Chinese economy -- the world's second largest ...

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