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Kabul bomb leaves three civilians dead as Afghan forces take over security from Nato

A large bomb has killed three civilians in western Kabul this morning, shortly before the international military coalition officially passed responsibility for the security of Afghanistan to national forces. Related Stories At least three killed in Kabul bombing as Nato hands back military responsibility to Afghan army At least three killed in Kabul bombing as Nato hands back security lead to …

Flags and hope on Libya's uneasy anniversary

TRIPOLI (Reuters) – Flags flew on Martyrs Square in Tripoli and crowds across Libya gave voice on Friday to joy at being free of Muammar Gaddafi, as the anniversary of their revolt offered brief respite from fears that it has brought them only chaotic paralysis. In Benghazi, cradle of…

Polish man found in mountains is Iraq war veteran

A man found with severe frostbite in subzero temperatures in the southern Polish mountains was being taken to a military hospital on Friday after his family identified him as a veteran of the Iraq war.

Putin vows to boost Russian army ahead of vote

Prime Minister Vladimir Putin said Monday Russia had launched “unprecedented” steps to boost the army as he played up his strongman credentials ahead of March 4 presidential polls

China paper accuses West of stirring Syria unrest

Western support for Syrian rebels could trigger civil war in the violence-hit nation, an influential Chinese newspaper said, as it defended Beijing’s decision to veto a UN resolution.

Algeria 'finds cache of missiles near Libya border'

Algeria has uncovered a large cache of weapons believed to originate from Libya, including dozens of shoulder-launched missiles that can be used to shoot down airliners, newspapers said Monday.

Italy says it should handle Indian shooting case

ROME (Reuters) – Italian authorities should be allowed to deal with allegations its forces killed two Indian fishermen, the foreign ministry said on Monday, criticizing Indian police for arresting servicemen acting to protect a cargo ship from pirates. The two Italian marines were part of a security detachment assigned to protect…

China's leader-in-waiting Xi wraps up Ireland visit

China’s Vice President Xi Jinping wrapped up his three-day visit to Ireland on Monday with a trade and investment summit, as Dublin seeks to provide Beijing with an EU financial foothold.

Sunday newspaper round-up: Lehman, Tax cuts, North Sea, Iran

LONDON (SHARECAST) – George Osborne came under pressure from three sides today to put tax cuts at the heart of next month’s Budget. Nick Clegg sought to sharpen dividing lines

Honduras Prison Fire That Killed 350 Is Blamed on Crackdown Against Gangs

Honduras’s crackdown on violent gangs has led to a surge of inmates in poorly controlled and dilapidated jails, a policy that may have caused the world’s

Finland, Greece sign collateral deal

Finland and Greece’s finance ministers have signed a collateral deal in Brussels on Monday, Finnish national broadcaster YLE reported.

Canada’s British Columbia to Beat Deficit Targets, Finance Minister Says

British Columbia’s budget deficit will narrow faster than forecast as the Canadian province returns to surplus in the next two years, Finance Minister Kevin Falcon said.

China's leader-in-waiting Xi arrives in Ireland

China’s leader-in-waiting Xi Jinping arrived for a three-day visit to Ireland on Saturday after pledging continued support from the Asian power for the EU’s

India SKNL Front-Runner For Peacocks; Deal Seen Within Week-Report

Mumbai-based S. Kumars Nationwide Ltd. (514304.BY) is the front-runner to buy discount fashion chain Peacocks out of administration, with a deal expected over the next week, the Sunday Times reports, without identifying sources.

Hong Kong falls behind on tax reform: analysts

Hong Kong’s competitiveness as a regional centre for business and trade is under threat from the very thing often credited with its success — its tax system, analysts say.

World Bank sets plan to pick Zoellick's successor

The World Bank plans to select its next president by the time of its spring meetings in late April, it announced Friday.

China's Xi says EU debt problems are 'temporary'

China believes the EU’s economic problems are temporary and it will continue to support the bloc’s efforts to deal with its debts, leader-in-waiting Xi Jinping said Saturday ahead

Avon names new head of China unit

(Reuters) – The head of Avon Products Inc’s Canadian unit will become president of the cosmetics company’s China business next month as the company contends with sliding sales there and a probe into alleged bribery …

Global Systemic Crisis: Towards a Renaissance in European political and economic integration

Euroland has come out of this violently conflictual episode with its “natural allies” much reinforced. According to our team, 2012 will mark the starting point for the perpetuation of a new global power, Euroland.

VIA Chooses Tensilica for Solid State Drive (SSD) Chip Design

TAIPEI, TAIWAN and SANTA CLARA, CA– – Tensilica®, Inc. today announced that VIA has selected Tensilica’s Xtensa® dataplane processors for a system-on-chip design for solid state drives . After

Insight – Japan slowly wakes up to doomsday debt risk

TOKYO (Reuters) – By Tetsushi Kajimoto, Leika Kihara and Tomasz Janowski

Canadian Currency Strengthens as Risk Appetite Grows on Greece, U.S. Data

The currency erased losses after initial jobless-benefit claims in the U.S., Canada’s biggest trade partner, unexpectedly slid to a four-year low. It …

Staff at The Sun tabloid arrested in bribe inquiry

Britain’s biggest-selling newspaper was fighting to contain the damage after five employees at The Sun tabloid were arrested Saturday in an inquiry into the alleged payment of bribes to police and other …

New Book Weaves Personal Memoir with Stories of Maasai Women

MINNEAPOLIS, Feb. 16, 2012 /PRNewswire/ — Debra Pangerl grew up on a small farm in Minnesota far from Tanzania, East Africa. Following several life-changing events in her early 20s, Debra is adrift and …

U.S. pushes EU, SWIFT to eject Iran banks

WASHINGTON (Reuters) – The United States is pressuring the European Union and a global electronic banking system to expel Iranian banks from a network used to transfer money, another step in Western efforts to deprive Tehran of funds needed to develop nuclear weapons…

Hacked: How China is stealing America's business secrets

Sen. John Kerry is fed up with China’s penchant for looting technology from U.S. businesses — up to $400 billion worth of data each year. When will it stop?

Euro rises on report ECB will help Greece

The euro rose Thursday on a report that the European Central Bank is providing Greece with debt relief.

War on drugs must be Afghan top priority: UN chief

UN chief Ban Ki-moon Thursday urged Afghanistan to make fighting drug trafficking a priority as opium harvests soar in the world’s top producer, and said

China has no plans to ‘buy out Europe’

China has no intention to “buy out Europe”, a top state-run newspaper said yesterday, reiterating comments made by Premier Wen Jiabao ahead of a major summit with the European Union in Beijing.

Australia's Billabong Gets $821 Million Offer

Australian surfwear group Billabong International has received a A$766 million ($821 million) takeover offer from a private equity group that is believed to be TPG Capital , the Australian Financial Review reported on Thursday, without naming its source.

54 rhinos poached so far this year in South Africa alone

At least 54 rhinos have been poached in South Africa so far this year as demand for its horn continues at an all-time high, according to data released by the South…

Meet the Man Behind Europe's Debt Downgrades

This man and his team of little-known economists  have downgraded euro zone countries 36 times.

China mulls extending local govt loans: report

China is considering allowing banks to roll over loans to local governments, giving them more time to repay massive debts from stimulus spending for the 2008 financial crisis, state media said

EU leader pushes China to open markets, calls for support on Iran and Syria

By Joe McDonald, The Associated Press BEIJING, China – The European Union urged China on Tuesday to open its markets, act more aggressively on forcing Iran to negotiate over its nuclear

Telkom South Africa Faces $454 Million Antitrust Fine, Business Day Says

South Africa’s Competition Commission asked the Competition Tribunal to impose a 3.5 billion rand ($454 million) penalty on Telkom South Africa Ltd. for abusing its dominant position by charging excessive prices, Business

Eurozone Greece talks ‘cancelled’

The head of the Eurozone countries downgrades an EU finance ministers meeting on Wednesday, saying Greece has not yet given the necessary assurances about its

As Greece’s Debt Plan Nears, Concerns About Bond Holdouts

Some bondholders, facing a loss of nearly 70 percent, may prefer to continue the battle in court.

Tuesday newspaper round-up: UK AAA, UK bonds, Greece

Britain was last night threatened with the loss of its AAA credit rating in the most serious challenge yet to the Coalition on the economy. Moody’s, a ratings agency, last night said the outlook for the …

Clouds in Europe, Sunnier at Home

When it comes to Europe, the market’s horizon lately has seldom been longer than a single day.

Iraq opens new oil export terminal in Persian Gulf

Iraq inaugurated a new offshore oil export terminal in the Persian Gulf on Sunday in a vital step to ease infrastructure constraints and to bring sorely needed cash for reconstruction after decades of war and international sanctions.

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