Wednesday 25 April 2018

Wednesday Morning Briefing: U.S. team in refugee camps investigating atrocities against Rohingya

Highlights

The U.S. government is conducting an intensive examination of alleged atrocities against Myanmar’s Rohingya Muslims, documenting accusations of murder, rape, beatings and other possible offenses in an investigation that could be used to prosecute Myanmar’s military for crimes against humanity, U.S. officials told Reuters.

Meanwhile, a judge in Myanmar will rule next week on whether a police captain was credible when he testified that two Reuters reporters were framed, after prosecutors argued that the officer should be declared an unreliable witness. Read more on their case.

World shares were on their longest losing streak of the year, as a rise in U.S. bond yields above 3 percent and warnings from top global firms about rising costs fed fears a boom in earnings may have peaked.

The Kremlin says it has nothing to do with Russian civilians fighting in Syria but on three recent occasions groups of men flying in from Damascus headed straight to a defense ministry base in Molkino, Reuters reporters witnessed.

Nearly 3 million children are missing some or all classes in Venezuela, according to a study by universities, in a depressing knock-on from a deepening economic crisis that could cause long-lasting damage to the South American country.

inter-korean summit

The recent detente between North and South Korea has given new life to talk of unification for the two countries divided since the 1950s. But on a peninsula locked in conflict for 70 years, unification is a concept that has become increasingly convoluted and viewed as unrealistic, at least in the South. Reuters Graphics explores the differences between the two countries, which are deeply divided by more than just the heavily fortified border.

 

Ahead of summit with North, South Koreans hope more for peace than unification https://reut.rs/2qXfqII

7:57 AM - 25 Apr, 2018

Commentary: Slowly and through painstaking negotiations, Washington and the two Koreas are sketching out a deal to avoid what all sides feared was an increasingly inevitable war. "How successful that will be – and whether Kim truly gives up his nuclear program – remains in question," writes Peter Apps.

Japan has demanded that South Korea rethink a mango mousse dessert it plans to serve at a North-South summit dinner on Friday which features a map of the Korean peninsula, including islands disputed with Japan, a recurring irritant for Tokyo.

Tech

Amazon.com plays catch-up in Brazil as local rivals thrive

A reassuring physical presence and fast-growing online sales have vaulted Magazine Luiza into the upper echelons of Brazilian e-commerce, lifting shares over 500 percent last year and 20 percent so far in 2018. The company is relying on deep roots in its home turf to survive an assault by Amazon.com, which is revving up operations in Latin America’s largest economy six years after entering the market.

9 Min Read

Comcast offers $31 billion for Sky, going head-to-head with Fox

U.S. cable company Comcast submitted a 22 billion pound ($31 billion) offer for pay-TV group Sky, challenging an already agreed but lower takeover bid from Rupert Murdoch’s Fox.

2 min read

Twitter beats estimates as growth moves overseas; shares jump

Twitter reported its second profitable quarter and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter’s video ads.

4 min read

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