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Climate, poverty collude to torment Central America
Climate, poverty collude to torment Central America

Every time it rains, Blanca Arias in El Salvador and Sandra Ramos in Honduras fear that flooding will raze their precarious homes and leave their families destitute. Now, every time a storm is forecast, they get ready to leave.

Inflation-fighting BoE poised to unleash big rate hike
Inflation-fighting BoE poised to unleash big rate hike

The Bank of England is expected Thursday to follow other major central banks with an aggressive interest rate hike to tackle surging inflation. - Inflation 'spooks' central banks - Yet the bank predicts UK inflation will spike to 11 percent later this year -- and it was expected to lift this guidance on Thursday.

China to stage major drills around Taiwan after Pelosi visit
China to stage major drills around Taiwan after Pelosi visit

China is due on Thursday to kick off its largest-ever military exercises encircling Taiwan, in a show of force straddling vital international shipping lanes following a visit to the self-ruled island by US House Speaker Nancy Pelosi. The House speaker, second in line to the presidency, was the highest-profile elected US official to visit Taiwan in 25 years.

Argentina economy minister vows to respect IMF deficit deal
Argentina economy minister vows to respect IMF deficit deal

Argentina's new economic "super minister" pledged on Wednesday to respect the crisis-wracked country's commitment with the IMF to reduce its public deficit to 2.5 percent this year. Argentina has suffered years of economic crisis, with some 37 percent of its population now living in poverty.

Brazil hikes interest rate, signals may tighten further
Brazil hikes interest rate, signals may tighten further

Brazil's central bank raised its benchmark interest rate for the 12th straight time Wednesday, citing an "adverse and volatile" global economy, and indicated its tightening cycle, one of the world's most aggressive, may not be over.

Directors 'shocked' by axing of $90m 'Batgirl' film
Directors 'shocked' by axing of $90m 'Batgirl' film

The directors of "Batgirl" said Wednesday they were "shocked" that the $90 million dollar superhero film had been axed by the studio and will now not be released in any format. "As directors, it is critical that our work be shown to audiences, and while the film was far from finished, we wish that fans all over the world would have had the opportunity to see and embrace the final film themselves."