Russia's U.N. envoy Churkin dies suddenly in New York
MOSCOW Russia's combative ambassador to the United Nations, Vitaly Churkin, died suddenly in New York on Monday after being taken ill at work, the Russian Foreign Ministry said.
HARARE Zimbabwe is holding gold coins valued at $501,390 (299,802.68 pounds) as its only reserves, enough to buy only 1,400 tonnes of maize, the finance minister said on Wednesday, highlighting the parlous state of the country's finances.
The economy of the southern African country, which has slowed to 4-6 percent growth after four years of near-double digit growth, is the biggest challenge to veteran President Robert Mugabe, who was re-elected last July in elections disputed by the opposition.
"The (central) bank does not hold any gold reserves except for gold coins, which were valued at $501,390 as at the end of January 2014," Chinamasa said.
Zimbabwe produced 13 tonnes of gold last year, well below the all-time record of 29 tonnes in 1998.
The cash-strapped and impoverished country plans to spend 70 percent of its $4.1 billion budget on paying salaries this year.
Shunned by traditional Western donors, the International Monetary Fund and World Bank over outstanding arrears and lack of foreign investment, Zimbabwe is struggling to grow the economy with its own meagre resources.
(Reporting by MacDonald Dzirutwe; Editing by Tom Heneghan)
BERLIN German Chancellor Angela Merkel's conservative Christian Democrats (CDU) and their Christian Social Union (CSU) sister party moved back in front of the centre-left Social Democrats (SPD) in an INSA poll for Bild newspaper published on Monday.
PARIS France's far-right National Front accused authorities of staging a media stunt on Monday to influence the presidential election after police searched its headquarters in an investigation into "fake jobs".