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China’s slowdown challenges government, companies

BEIJING (AP) – China’s slowdown is ratcheting up financial stress on companies while the country’s leaders scramble to avoid a spike in job losses. Full-year 2015 growth of 6.9 percent was the lowest in 25 years, posing different challenges for investors, companies and the Chinese government. GOVERNMENT Chinese leaders want …

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Iran moves assets, awaits benefits as sanctions are lifted

TEHRAN, Iran (AP) – Iran said Tuesday it successfully transferred some of the billions of dollars’ worth of frozen overseas assets following the implementation of the nuclear deal with world powers. But ordinary Iranians are still waiting to see how their daily lives will improve and how fast Iranian companies …

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Libya’s rivals declare unity Cabinet under UN plan

BENGHAZI, Libya (AP) – Representatives of Libya’s rival factions who are sitting in Tunis and negotiating through a U.N.-brokered process announced on Tuesday that they have formed a unity government aimed at stemming the chaos that has engulfed the country in recent years. In a statement received by The Associated …

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