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Thursday, January 21, 2016

The Latest: Pakistan's Sharif says terrorists 'on the run'

Pakistani Prime Minister Nawaz Sharif says his country is increasingly determined to fight extremism after a university attack by Islamic militants that killed 21. The plunge in oil prices has unnerved financial markets in recent weeks as investors worry it means the global economy is weakening and requiring less energy. [...] in a panel in Davos, Switzerland, Lew stressed how the drop in oil prices acts like a tax cut for the majority of people and countries, which are net oil consumers. Greek Prime Minister Alexis Tsipras says the European Union needs to come up with a comprehensive package of measures to deal with its migrant crisis — including more involvement by Europe-wide bodies in transit countries like his and a properly thought-out and paid-for relocation and resettlement plan. Dismissing suggestions that his country has been reluctant to allow a bigger EU involvement in the eastern Greek islands, Tsipras said Thursday that Europe has to cooperate more on the many difficulties it faces, not least the refugee crisis and the economic problems afflicting the euro currency. Tsipras told a panel at the World Economic Forum in the Swiss ski resort of Davos that "we need more Europe" that is focused on building democracy, solidarity and employment. Addressing a panel at the World Economic Forum at the Swiss ski resort of Davos, Rutte voiced his strong support for Britain's continued membership of the EU as the country is outward-looking and trade-oriented. At a panel at the World Economic Forum in the Swiss ski resort of Davos, Schaeuble said Thursday it would be a "disgrace" if Europe became a fortress. Dutch Prime Minister Mark Rutte, whose country currently holds the rotating presidency of the European Union, said Europe has to come up with a comprehensive strategy to deal with the refugee crisis within the next two months. The German government quickly followed, with a finance ministry statement saying Lagarde "was a circumspect and successful crisis manager during the difficult period after the financial crisis." Britain's David Cameron, China's Vice President Li Yuanchao, and Turkish Prime Minister Ahmet Davutoglu are taking the stage later Thursday at the World Economic Forum.


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