BoE minutes show 'range of views' on economic slack, inflation outlook

Commuters cross London bridge in central LondonBritain's economic recovery is gaining momentum but Bank of England policymakers held different views about the amount of slack in the economy and the medium-term inflation outlook, minutes from their April 9 meeting showed. Wednesday's minutes also showed members of the Monetary Policy Committee thought it was "possible" that a sustainable rise in real wages, consistent with a durable recovery, was on the way. But the minutes again showed the MPC were unsure on how much scope Britain's economy had to grow without generating inflation. "There was considerable uncertainty about the amount of slack remaining within the economy and committee members had a range of opinions on this and the outlook for inflation in the medium-term," the minutes showed.



Children's corpses in Korean ferry reveal desperate attempts to climb out

A family member of missing passengers, who were on South Korean ferry Sewol which sank in the sea off Jindo, looks at the list of fatalities at a port in JindoBy Jungmin Jang and Ju-min Park MOKPO/SEOUL (Reuters) - South Korean divers swam though dark, cold waters into a sunken ferry on Wednesday, feeling for children's bodies with their hands in a maze of cabins, corridors and upturned decks as they searched for hundreds of missing. He said Captain Lee was like no other: he didn't drink much, although he did smoke." (Additional reporting by Meeyoung Cho and Narae Kim;



9 indicted in kidnapping of NC prosecutor's father

FILE - In this undated file photo provided by Raleigh/Wake City-County Bureau of Identification, Kelvin Melton is shown. A North Carolina prosecutor was the intended target of an elaborate kidnapping plot, but the kidnappers looked up the wrong address on the Internet and abducted the prosecutor's father instead, according to an indictment released Tuesday, April 22, 2014. Authorities have said the kidnapping was retaliation for Colleen Janssen's prosecution of Melton for his involvement in a 2011 shooting. Melton, a high-ranking member of the Bloods gang, orchestrated the abduction from behind bars using a cellphone, the indictment said. (AP Photo/Raleigh/Wake City-County Bureau of Identification, File)CHARLOTTE, N.C. (AP) — As the kidnappers pulled into a quiet, upscale golf course community, they thought they were about to abduct an assistant district attorney who sent a high-ranking gang member to prison for life, authorities said.



Ukraine, Russia, EU may meet to talk gas: Ukraine minister

Russia, Ukraine, Slovakia and the European Commission may meet on Thursday in Bratislava to negotiate a possible solution for Ukraine's gas crisis, Ukraine's Energy Minister Yuri Prodan said on Wednesday. "There is a proposal from the Russian side and the European Union to hold four-side talks," Prodan told journalists. "As of today, a meeting in Bratislava of four ministers is being considered ... but so far there is no confirmation from the European Commission." Russian state-controlled gas producer Gazprom says Kiev owes it $2.2 billion for gas already delivered and is considering requiring advance payments for further supplies, increasing the risk of Russia cutting off supply.
Ukraine government resumes offensive, hopes for more U.S. help

Masked pro-Russia protesters stand guard outside a regional government building in DonetskKIEV (Reuters) - Ukraine's government has formally ended an Easter truce and is relaunching the "active phase" of an "anti-terrorist operation" to eliminate armed pro-Russian separatist groups in the east, First Deputy Prime Minister Vitaly Yarema said on Wednesday. Yarema, who has a role in security matters, told reporters on the sidelines of a weekly cabinet meeting the new action was not yet underway, but added: "In the near future, appropriate measures will be taken and you will see results. ...





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