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TUNIS (Reuters) - Tunisia's Prime Minister designate Youssef Chahed said on Friday the country would need to adopt an austerity programme including public sector job cuts and new taxes if current economic difficulties continued. His warning to parliament came as lawmakers were about to vote on whether to accept his new cabinet. Tunisia is struggling with lower tourism revenues after two major attacks on foreign tourists last year hit what is one of the country's key industries. (Reporting by Tarek Amara; writing by Patrick Markey; editing by John Stonestreet)
MANILA, Philippines (AP) — European shares were mostly lower Friday following mixed trading in Asia, with investors preferring to sit on the sidelines ahead of U.S. Federal Reserve Chairwoman Janet Yellen's speech later in the day for cues on the timing of the next policy rate hike.
JOHANNESBURG (Reuters) - South African Judge Thokozile Masipa on Friday rejected an application by state prosecutors to appeal Oscar Pistorius' six-year murder sentence, saying the petition had no reasonable prospects of success. Masipa had sentenced the Paralympic gold medallist in July for murdering his girlfriend, Reeva Steenkamp, in 2013, but the prosecution had said the decision was too lenient. (Reporting by Tanisha Heiberg; Editing by James Macharia)