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At least 15 dead in new Ecuador prison riot
At least 15 dead in new Ecuador prison riot

At least 15 prisoners died Monday in the latest unrest inside Ecuador's prison system, officials in the South American country reported. During a television interview on Monday, he offered "a message of condolence and solidarity with the families of those who died today in (the prison)". bur-des/aha/it

Australia hikes rates less than forecast, boosting stocks
Australia hikes rates less than forecast, boosting stocks

Australia raised interest rates less than expected Tuesday, boosting stocks and dragging the local dollar lower, as officials grow concerned about a slowing global economy sparked by rising borrowing costs and surging prices. It added that the surge in prices had been driven by "global factors", along with strong spending levels in Australia.