01 Jan '18, 9pm

World Briefs: Catalan crisis hurt Spain's economy - The Straits Times

Catalan crisis hurt Spain's economy MADRID • Spain's economy minister claimed yesterday that the Catalan independence crisis had cost the country "a billion" euros as fallout from the turmoil continued to hamper growth in the wealthy region. Mr Luis de Guindos said slowdown in growth in Catalonia, which accounts to about a fifth of Spain's gross domestic product, was hampering the euro zone's fourth-largest economy. Spain was plunged into its deepest political crisis in decades when separatists in Catalonia's regional government declared independence in October, following a banned referendum on the topic. AGENCE FRANCE-PRESSE Trump may stop aid to Pakistan WASHINGTON • President Donald Trump suggested yesterday that he would cut off foreign aid to Pakistan, accusing Islamabad of harbouring violent extremists and lying about it. "The United States has foolishly given Pakist...

Full article: http://www.straitstimes.com/world/world-briefs-catalan-cr...

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