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And a few worse-than-expected news for the economy is out this hour.

It has suspended the delivery of cars which contain the EA 189 engine which uses the software, with the suspension remaining in place until the vehicles have been shown to comply with current European Union legislation.

She expressed fears that China’s slowdown could cause a ripple effect and drag down US growth.

This is just the latest development in the string of after events caused by the controversy, which Volkswagen is trying extra hard to take control of before too much damage occurs, even though a lot has already happened.

The affected cars number five million Volkswagens, 2.1m Audis, 1.2m Skodas and 700,000 SEATs, along with 1.8m light commercial vehicles.

Migrants are surrounded by Italian police officers on the rocks on the shoreline at the French-Italian border in Ventimiglia, Italy, on Wednesday.

Economic policy, however, is no surer, no more confident, certainly no more confident than the US Fed for example.

Ivan Usmiani, Croatian Red Cross Coordinator in Opatovac, said Red Cross volunteers have been working 24 hours a day, providing food, water, psychosocial support as well as family tracing services to all vulnerable migrants who come into Croatia.

Croatian Prime Minister Zoran Milanovic has accused neighbors Serbia and Hungary of hatching a plot to rid themselves of refugees by forcing them to go through Croatia. Angry truck drivers then blockaded the remaining open border crossing.

According to reports, German automaker Volkswagen’s (VW) supervisory board is scheduled to hold a meeting on Friday, September 25; and will name Matthias Mueller as its new Chief Executive.

THE Australian share market has lost around $41 billion in early trade, as BHP Billiton shares tumble below $22 for the first time since the global financial crisis.

“What we suggest is all major players of world politics should bear a few burden”.

Iran believes that the United States is the one that started the crisis by creating and then backing terrorist groups such as the ISIL and other Takfiri groups, and therefore Washington is not fit to be a focal point in the Syria talks, Esmail Kosari, member of the National...

The Australian share market was slightly higher in early trade, with banks in positive territory but miners and energy stocks trading lower.

Reuters reported last Thursday that VW would fire top brand officials as it tries to recoup from the embarrassment. The economy and transport minister of VW’s home state, Lower-Saxony – which owns about 20pc of VW – said those responsible for allowing the...