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India has agreed to buy a high-speed bullet train from Japan, in an attempt to transform its creaking rail system.

Last week Indian Prime Minister Narendra Modi's cabinet cleared a $14.7bn (£9.6bn), 650km (403 miles) long bullet train system linking the western Indian cities of Mumbai and Ahmedabad, which will cut travel time on the route from eight hours to two.

"This enterprise will launch a revolution in Indian railways and speed up India's journey into the future. It will become an engine of economic transformation in India," Mr Modi said.

Date: 2015-12-21

Mr Putin said the downing of the Russian jet by Turkish warplanes on the Syria-Turkey border was a "hostile act" but Russia was "not the country" to run away.
He said he saw "no prospect" of ties improving with Turkey - which Russia has put under sanctions - under its current leaders.

Mr Putin is now into his third term as president since 2000, battling an economic crisis. Critics say civil liberties have been steadily eroded under his rule.

He remains one of the world's most recognisable politicians, and has topped the list of The World's Most Powerful People compiled by Forbes magazine for the third year running.

Date: 2015-12-21

The global economy turns on the words of this woman.

Markets everywhere are reacting to the first interest rate increase by the U.S. Federal Reserve in seven years. What exactly happens when the Fed says interest rates are going up? It's going to change how much it costs you to borrow from a bank, and how much it costs banks to borrow from each other. It will also change how much it costs countries to borrow from each other. In other words, the Fed's decision to raise interest rates has bearing on everything from the bank down the street -- which will be offering a slightly higher mortgage rate after today -- to the economies of Africa, Asia and Europe.

Date: 2015-12-21

The first priority is, of course, for local police or military to secure the crash site while investigators make their way there. As well as gathering evidence, requests will also be made for copies of documentation - maintenance records and passenger lists - that will be held by the airline. Communications with air traffic control will be sought as well as information about weather conditions at the time of the crash.

Once the investigators are in a position to assess the physical evidence, they have to keep an open mind and not narrow down the focus of their efforts too early.

Date: 2015-11-09

The ruling Communist Party said last week that Beijing would loosen its decades-old one-child policy. The plan for the change must be approved by the rubber-stamp parliament during its annual session in March.

Several parents who were interviewed were lukewarm about the idea of having a second child.

But e-commerce giant Alibaba Group Holding Ltd, which runs China's most popular online shopping websites and collects reams of data about consumers, said searches for books about conception and pregnancy leapt 100-times the day after the announcement and continued to grow.

Date: 2015-11-03

Western-backed rebels of the Free Syrian Army (FSA) have rejected an offer of military support from Russia.

An FSA spokesman told the BBC that Moscow could not be trusted and that its help was not needed.

Foreign Minister Sergei Lavrov said on Saturday that Russia was ready to help the rebels if they attacked militants from the Islamic State (IS) group.

Russia, a key ally of the Syrian government, has carried out air strikes in the country since last month.

Date: 2015-10-26
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