India raised interest rates for a 13th time since the start of 2010 and signaled it’s nearing the end of its record cycle of increases as the economy cools. Bonds rallied the most this year.
Thailand’s government said water levels rose further on Bangkok’s outskirts and may overwhelm defenses, raising concern that the nation’s worst floods in more than 50 years may spread to new areas of the capital.
The chairman of Libya’s National Transitional Council, Mustafa Abdel Jalil, said the country will be a “moderate” Muslim nation, responding to concern the interim government wants to adopt a strict Islamic orientation.
At least one person died after two bomb blasts in Kenya’s capital, Nairobi, where police stepped up security after the U.S. Embassy warned the country faced an imminent attack as Kenya’s army continues an assault on Somalia.
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