French Energy Union Threatens To Cut Electricity At Upcoming Cannes Film Festival

The National Federation of Mines and Energy, a French trade union affiliated to the General Confederation of Labour (CGT), has threatened to plunge into darkness the Cannes Film Festival and some other major public events in protest of the controversial pension reform.

Brazil privatizing 4 airports, 2 ports in economic recovery effort

Brazilian President Michel Temer announced the privatization of four airports and two port terminals as part of efforts to revive a struggling economy in which 12 million people are unemployed.

FAO hails China's success in achieving anti-hunger goal

Proper agricultural policies and reforms, and impressive increases in domestic food production helped China meet the first Millennium Development Goal (MDG), the chief of the UN's food agency says.

"China has already made outstanding progress to this goal, in part due to policies that support targeted investments in agriculture, reforms in the agricultural system, and impressive increases in domestic food production," Jose Graziano da Silva, director general of the Rome-based Food and Agriculture Organization (FAO), told Xinhua in a recent interview.

Ukraine to hike gas rates by 50% for IMF loan. -The IMF programme's approval would set in motion the release of further assistance from both Washington and the European Union.

Ukraine agreed on Wednesday to quickly hike domestic gas prices by as much as 50 percent to meet a key loan condition set by the International Monetary Fund (IMF) for the crisis-hit ex-Soviet state. The new Western-backed government in Kiev is seeking $15-20 billion (11-14.5 billion euros) in IMF assistance in order to balance its books and meet a series of foreign loan repayments. An IMF team met with Prime Minister Arseniy Yatsenyuk in Kiev on Wednesday for what Ukrainian officials hoped would be a final round of talks before the package is approved in Washington next month.
The Fund has made an immediate end to Ukraine's costly gas subsidies one of its prime conditions for the programme's approval.