Receive Breaking News updates as they occur
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could bolster views for a stronger performance in the last six months of the year. The saving rate increased to 5.3 percent from 4.9 percent in the first quarter as incomes rose, which bodes well for future spending.
France has evacuated nearly 50 French and British citizens from Libya by ship, French authorities said on Wednesday, amid growing lawlessness and unrest in the north African country. The French chief of staff said 40 French nationals and seven Britons were pulled out in the overnight operation and would be taken to the southern French port city of Toulon. The French ambassador was among those who left and the embassy has been temporarily closed, said foreign ministry spokesman Vincent Floreani. France had on Monday advised its nationals -- of whom less than 100 remained in Libya -- to leave the country immediately and contact the embassy for evacuation.