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Reader’s Digest Files For Bankruptcy Over Debt

Owners of the venerable magazine, once found in doctors’ surgeries across the world, reveal massive debts amid digital age woes.

Tax: HMRC Sends Out 850,000 Penalty Notices

The Tax Office mails out 850,000 fines of £100 each to people who failed to file by January’s deadline, Sky News has learnt.

Every penny will be recovered, says Raja

ISLAMABAD – Terming the SC verdict vindication of Pakistan People’s Party stance, Prime Minister Raja Pervaiz Ashraf advised all those involved in robbing the nation of its mandate in 1990 elections to seek apology from the nation. Addressing a press conference at Prime Minister House Friday night, the PM assured the nation that law would take its course and all those found guilty in the …

Sharad Pawar slapper may now target Kapil Sibal, IB issues alert

IB has issued a general alert that Harvinder Singh, who had slapped Sukhram and Sharad Pawar within a span of 5 days in Nov 2011, might slap Sibal at a public function.

New Greek Government to Seek Bailout Relief

The new Greek government is moving quickly to win Europe’s approval for easing the terms of its financial bailout. Socialist leader Evangelos Venizelos, a partner in the fledgling coalition government, said the meeting of the continent’s finance ministers on Thursday in Luxembourg “will be the first big battle” on revising the $168 billion bailout Greece secured earlier this year

Hostages at Toulouse Bank Freed, Suspect Detained

A gunman who took four hostages in a bank in Toulouse, France, has been arrested and his captives freed, after a six-hour standoff with police.

Gunmen in Afghan police uniforms kill NATO soldier (AP)

AP – Gunmen in Afghan police uniforms opened fire on NATO troops on Monday in southern Afghanistan, killing an Albanian soldier, officials said.

Teens jailed for S. Korean bullying suicide

A South Korean court sentenced two teenagers to prison terms Monday after they admitted bullying a school classmate until he committed suicide.

Japan posts record trade deficit

Japan — battered by a strong yen, slowing global demand and increased oil and gas imports due to last year’s Fukushima nuclear disaster — posted a record trade deficit of $18.7 billion in January, according to official figures.

44 killed in Mexican prison melee

At least 44 people died during a prison riot in northern Mexico on Sunday that could have been a cover for a breakout, a security official said.

Inside the "Pirates of Somalia"

CNN’s Erin Burnett interviews Jay Bahadur, author of “Pirates of Somalia” on the rescue of two Americans held by pirates.

Tough challenges for Libyans

Clashes between rival militias. Allegations of detainee torture. Assaults on the headquarters of the National Transitional Council, which governs Libya.

Cocky Akhilesh Yadav stings Rahul Gandhi

Addressing an election rally, the SP star campaigner claimed there were signs of a Samajwadi victory and this was making “some leaders” angry — so angry that they could soon be jumping off podiums.

The Week That Changed the World

Forty years later, Leslie H. Gelb and Winston Lord reflect on Nixon’s triumphant summit in China.

Murdoch to launch a new UK Sunday paper

Rupert Murdoch will launch The Sun on Sunday this weekend to replace the tabloid he closed amid Britain’s phone hacking scandal.

Italy slams Indian police for arresting its naval guards

The Italian foreign ministry has criticised Indian police for arresting its servicemen for allegedly killing two Indian fishermen thinking them to be pirates.

Truce Declared in Row over Control of Bumi

Two men who waged a battle for boardroom control of UK-listed coal miner Bumi Plc have called a truce after talks in London at the weekend

Egypt to accept $2.97 billion IMF loan

EGYPT’S finance minister said his government will sign a memorandum of understanding with the International Monetary Fund in March for a previously spurned $US3.2 billion ($2.97 billion)

Murdoch set to launch Sun on Sunday

A Sunday edition of Britain’s best-selling newspaper will launch next week, The Sun announced Sunday, two days after media magnate Rupert Murdoch said those plans were in the works.

Murdoch to launch Sun on Sunday next week

A Sunday edition of Britain’s best-selling newspaper will launch next week, The Sun announced Sunday, two days after media magnate Rupert Murdoch said those plans

Resolutions condemn US Balochistan bill

 The lawmakers of Muslim League- Nawaz (PML-N) and Muslim League- Q have submitted two separate resolutions in Punjab Assembly condemning a resolution on Balochistan in US Congress. Zimurrad Yasmeen, a PML-N…

NKorea threatens to attack SKorea over drills (AP)

AP – North Korea will launch “merciless” strikes if South Korea goes through with planned live-fire drills Monday in a disputed front-line area near their disputed sea border, a North Korean officer warned in an interview with

Roadside bomb kills two soldiers in Pakistan

A roadside bomb killed two soldiers and injured nine others in southwest Pakistan, one of two deadly incidents in the country targeting law and order personnel Sunday.

Dozens killed in Pakistan market blast

The death toll from a suicide bomb attack at a market in Pakistan’s tribal region has climbed to 34, a senior government official said.

38 killed in Mexican prison riot

At least 38 people died during a prison riot in northern Mexico on Sunday, a security official said.

Bomb near car explodes in Nigeria, wounding 5 (AP)

AP – A bomb planted by an abandoned car exploded outside a church in the middle of a worship service Sunday near Nigeria’s capital, wounding five people amid a continuing wave of violence by a radical Islamist sect, authorities and witnesses

CPM plotted Jnaneswari: Mamata

Months after accusing the Maoists of triggering the 2010 Jnaneswari Express train derailment which killed 149 people, West Bengal chief minister Mamata Banerjee on Sunday did a volte-face and blamed

Kyle Rabin: From the Fracking Front: 5 Noteworthy Narratives

What originated as an industry term (fraccing or fracking) has been co-opted by opponents to hydraulic fracturing much to the industry’s chagrin. Industry would love to turn…

Sheryl Sandberg: The fifth most powerful woman in the world went to North Miami Beach High

Fcaebook CEO Sheryl Sandberg’s inner circle includes a group of women whose friendship goes back to their days together at North Miami Beach High School.

Islander best in New England

BOSTON — The Mount Desert Islander was named the best weekly newspaper in New England in the Class 1 division at the annual meeting of the New England Newspaper and Press Association here Saturday. The honor …

Australia's 'darkest day' remembered

The bombing of Darwin by Japanese aircraft 70 years ago was Australia’s darkest day, Prime Minister Julia Gillard says.

UK hopes to create a new norm in dorms with expected deal Tuesday

University of Kentucky officials plan to sign a contract on Tuesday with a private developer that could change the face of student housing at UK and eventually alter dorm

UCD session provides tips for business with China

China – now the world’s second largest economy – has helped make Margaret Wong a millionaire, and she shared some of her secrets Tuesday at “China, The

Pay-as-you-go solar power lights up rural Africa

Pay-as-you-go products may be synonymous with mobile phones but a solar energy service in Africa is harnessing the popular business model to bring affordable electricity to the continent’s remotest communities.

Transition picks up pace

The week began with an unheeded call for a general strike and ended with promised steps to transfer power to an elected civilian authority, Dina Ezzat reports

Making SA great is a far better way to honour Madiba

WHEN I heard that the Reserve Bank had put out an announcement about a Saturday press conference, my heart sank.

Musharraf plotted Benazir murder

ISLAMABAD – The probe into the assassination of Benazir Bhutto, ordered by the Interior Ministry, has revealed that former president Gen (r) Pervez Musharraf orchestrated the murder through two police officers and TTP leader …

China supports Arab League’s proposals for Syria (AP)

AP – China said Saturday it favored a solution to Syria’s violence within the Arab League framework and based on the group’s proposals, a striking show of support just two weeks after Beijing vetoed a

Emperor’s bypass surgery ‘a success’

Japan’s 78-year-old emperor is recovering from successful cardiac bypass surgery at the University of Tokyo Hospital, according to Japanese public broadcaster NHK.

Fire chief: 382 died as flames tore through Honduran prison

The death toll from a prison fire in central Honduras rose to 382 Thursday, as new details emerged about what happened when flames tore through the overcrowded facility.

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