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Xinhua world news summary at 0030 GMT, Oct. 31

Xinhua, October 31, 2015 Adjust font size:

The nightclub fire late Friday followed by explosions has already caused 26 dead and some 180 wounded in downtown Bucharest, authorities announced early Saturday. ( Interior Minister Gabriel Oprea said that 26 were confirmed dead in the explosion in a nightclub named Colectiv. (Romania-Nightclub Fire )

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WASHINGTON -- U.S. Federal Reserve on Friday proposed a new debt requirement rule targeting at the largest American and foreign banks operating in the U.S., in order to reduce bailout risks.

The proposed rule would apply to large banks which are identified as global systemically important banks (GSIBs) and to the U.S. operations of foreign GSIBs, said the Fed. (U.S.-Debt Requirement Rule)

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VIENNA -- There is still no agreement reached over the future of Syrian President Bashar al-Assad yet, Russian Foreign Minister Sergei Lavrov on Friday told reporters after the meetings in Vienna.

Lavrov said that stake holders initiated a political process to find a solution for ending the crisis in Syria, but there is still difference over the future of al-Assad. (Austria-Syria)

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BERLIN -- Germany and Austria have agreed on Friday to limit the number of border crossing points for refugees to five in order to better deal with the refugee flow, according to German media reports.

A spokesperson for the German Interior Ministry told DPA that refugees who enter Germany through Austria would be brought across the German-Austrian border to the southern German state of Bavaria via only five crossing points in the future. (Germany-Refugees) Endi