QWorld: Tianjin Explosion, Yuan Falls, IS Claims Another Beheading
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Huge Explosions in China’s Tianjin Port Kills 17, Injures 400
Two massive explosions caused by flammable goods rip through an industrial area in the northeast Chinese port city of Tianjin, killing 17 people and injuring as many as 400, official Chinese media say.
China Lets Yuan Fall Further, Fuels Fear of ‘Currency War’
China’s currency falls to four-year low, slumping for the second day, after central bank devaluation. Government sources believe the yuan may be allowed to slide even further to help country’s exporters.
Former US President Carter Reportedly has Cancer
Former US President Jimmy Carter says recent liver surgery has revealed he has cancer that has spread to other parts of his body.
India’s States Sidestep Stalled Reform
It took two months of courting, dozens of negotiators and final talks that ran into the early hours before a western Indian state secured its prize: a $5 billion investment commitment from iPhone maker Foxconn.
Myanmar Security Forces Surround Ruling Party HQ
Myanmar security forces surround headquarters of the ruling Union Solidarity and Development Party in the capital, Naypyitaw, and prevent party members in the compound from leaving, party sources in the building say.
Colorado Governor: Worst of Mine Waste Spill Apparently Over
Contamination from 3 million gallons of toxic waste that spews from an abandoned gold mine in southwestern Colorado, turning a river bright orange, appears to have largely dissipated with no sign of lasting environmental harm, the governor says.
Canada PM Vows to Track, Possibly Limit, Foreign Home Buyers
Canadian Prime Minister Stephen Harper pledges to track and possibly limit foreign purchases of Canadian real estate if re-elected, but the move is not expected to cool foreign buying anytime soon.
Islamic State’s Egyptian Ally Claims to Have Beheaded a Croat - SITE
An Egyptian group allied to Islamic State publishes a photograph it says shows the beheaded body of a Croatian hostage it threatened to kill last week, the SITE monitoring service says.
Iraq PM Sacks Cabinet Officials Citing Threat to Reform Drive
Iraq’s Prime Minister dismisses his Cabinet Secretary as part of an ambitious reform drive he says is under threat from corrupt politicians and Shi’ite militia leaders who use their armed followers for political ends.