Dashed hopes for Mexico oil boom leave Gulf Coast hotels idle

MEXICO CITY (Reuters) – When a Mexican real estate investment trust bought four hotels along the country’s Gulf coast operating under the Marriott, Quality Inn and Fiesta Inn brands, it expected the government’s recent energy reform to attract droves of oil executives, engineers and technicians. Instead, FibraHotel’s properties in Ciudad del Carmen and Villahermosa and an earlier purchase in Coatzacoalcos, ...

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South Africa’s Ramaphosa set to outline priorities in key speech

JOHANNESBURG (Reuters) – South Africa’s new president, Cyril Ramaphosa, is expected to give more details about how he plans to tackle corruption and boost economic growth on Friday, when he delivers his first state of the nation address. Ramaphosa was sworn in as head of state on Thursday after his scandal-plagued predecessor, Jacob Zuma, reluctantly resigned on orders of the ...

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When mental health gets physical

Mental health problems can come with physical aches, pains and symptoms that can make life very difficult. They can go undiagnosed and untreated for a long time, with people getting caught up in a cycle of tests and appointments. Around 1 in 5 GP appointments are for a symptom that shows no results in a test. So, once you know ...

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Pakistan could face economic pain from return to terrorist financing ‘gray list’

ISLAMABAD/WASHINGTON/HONG KONG (Reuters) – The prospect of Pakistan being placed back on a global terrorist financing watchlist could endanger its handful of remaining banking links to the outside world, causing real financial pain to the economy just as a general election looms. Washington and its European allies have co-sponsored a motion calling for the nuclear-armed nation to be placed on ...

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Lunar New Year: Chinese TV gala includes ‘racist blackface’ sketch

Image copyright Youtube/CCTV Image caption By some estimates, the show is the most watched entertainment programme on earth A skit on China’s biggest Lunar New Year TV show has sparked widespread criticism and accusations of racism. In a comedy routine celebrating Chinese-African ties an Asian actress appears in blackface and with exaggerated buttocks. Using make-up to lampoon black people – ...

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Audi chairman says reports about ouster of CEO Stadler are false

BERLIN (Reuters) – Audi Chairman Matthias Mueller said on Friday that reports about an imminent ouster of Chief Executive Rupert Stadler are false. “Audi needs the full concentration of its management and the entire workforce under the proven leadership of Rupert Stadler to handle the current challenges and steer the brand further into the future,” Mueller was quoted as telling ...

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UK to seek EU mutual recognition deal for financial services: FT

LONDON (Reuters) – Britain’s government is ready to push for a mutual recognition system to regulate financial services after it leaves the EU in order to preserve the City of London’s access to the bloc, the Financial Times reported on Friday. Under the proposal, Britain and the European Union would recognize each other’s regulatory and supervisory regimes, an option long ...

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