The year 2015 is shaping up to be the hottest on record, the UN's weather agency said Wednesday, days before a UN summit opens in Paris to craft a climate rescue pact. Based on data for the first 10 months of the year, "We feel very confident... that 2015 will be the warmest year on record," said Michel Jarraud, head of the World Meteorological Organization. The WMO said land and sea temperatures were likely to surpass those of 2014 as the highest since record-keeping began.
The Afghan army launched an operation Wednesday to rescue 18 hostages captured by the Taliban after their helicopter crash-landed in the north, as the private firm operating the aircraft said it was shot down. The Taliban killed three of those on board -- two Afghans and a foreigner -- in an initial firefight and took the rest captive after the Tuesday crash, the Afghan defence ministry said in a statement. The 21 people on board included two Moldovan pilots and a Moldovan engineer, the country's acting prime minister Gheorghe Brega told reporters in Chisinau.
WASHINGTON, Nov 25 (Reuters) - - The number of Americans filing for unemployment benefits fell more than expected last week, drifting back to near 42-year lows as labor market conditions continue to tighten. Initial claims for state unemployment benefits declined 12,000 to a seasonally adjusted 260,000 for the week ended Nov. 21, the Labor Department said on Wednesday.
By Aaron Maasho ADDIS ABABA (Reuters) - African countries will have to manage their finances carefully to repay dollar debt raised in recent years as weak currencies push up servicing costs and oil and commodity revenues tumble, the new head of the African Development Bank said. From oil-rich Nigeria and copper producing Zambia to fast-growing Rwanda and Ghana, African nations have taken advantage of historically low yields and strong investor appetite to issue Eurobonds or raise other funds on international markets. Africa's foreign currency bond issues between 2000 to 2014 totalled $20.5 billion, with $7.4 billion of that raised in 2014 alone, Akinwumi Adesina, who took over as president of the 50-year-old AfDB in September, told Reuters in an interview.
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