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Wall St jumps on Europe bets

US stocks jumped and blue chips clawed back more than one-third of last week's steep losses this morning, as investors bet efforts will be taken to stem Europe's sovereign-debt crisis. The Dow Jones Industrial Average climbed 272.38 points, or 2.53 per cent, to 11,043.86, in choppy trading that saw the measure leap to an early triple-digit gain, give back almost ...

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Libyan leader asks UN to lift sanctions

The U.N. Security Council should lift some of the economic sanctions on Libya, but NATO should stay until civilians are no longer being killed, the country’s de facto prime minister told council members Monday. Mahmoud Jibril, the prime minister appointed by the former rebels’…

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Samuelson: Repeating mistakes of the 1930s?

‘We are back in a danger zone,” says a top economist at the International Monetary Fund. Though an understatement, it captures the central paradox of this year’s annual meeting of the IMF and World Bank. Everyone is alarmed at the swift deterioration of the economic outlook, but there is no leadership – no consensus on what to do and, even ...

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In Speech, Yemen President Confirms Support for Transfer of Power

SANA, Yemen — In his first speech since returning to Yemen, President Ali Abdullah Saleh confirmed on Sunday that his deputy remained authorized to sign a transfer-of-power agreement that would lead to early presidential elections, but he did not make any new concessions. YEMEN TV, via Agence France-Presse — Getty Images A handout photograph of President Ali Abdullah Saleh giving ...

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BACKGROUND: Chronology of security incidents since invasion

Kabul – The US blamed the Taliban government in Afghanistan for aiding and giving refuge to al-Qaeda leader Osama bin Laden at the time he ordered the September 11, 2001 attacks. The US-led invasion began October 7, 2001. The regime collapsed and all the leaders fled the capital. But the war was just beginning. A decade later, here is a ...

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The United States’ longest war drags on

Kabul – Between US President George W Bush announcing ‘Wanted: Dead or Alive’ in September 2001 and incumbent Barack Obama proclaiming ‘Justice has been done’ in May 2011, the United States spent most of the last decade hunting down one man. The pursuit of Osama bin Laden, the al-Qaeda leader who orchestrated the September 11, 2001 attacks on the US, ...

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Strategic Mayem: From America’s Drone Attacks to an All Out US-NATO War on Pakistan?

The US and Pakistan have an intrinsic clash of strategic interests in the South-Central Asian Region (SCAR). They have managed to remain reluctant and unwilling allies thus far in the global war on terror, but now face the moment of truth. The issue of the Haqqani Network (HN) has assumed decisive proportions in the wake of the Taliban attack on ...

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‘All options on table if Pak continues to support terrorism’

Washington, Sept 25 (PTI) Monday, September 26, 2011 –> Amid the diplomatic row between the US and Pakistan over alleged links between spy agency ISI and terror groups, a top American Senator today underlined that Washington needs to have ”all options” on the table if Islamabad does not abandon the policy of embracing terrorism as part of its national strategy. ...

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Kenya’s Nobel peace laureate Wangari Maathai dies

NAIROBI: Kenya’s Wangari Maathai, who won the 2004 Nobel Peace Prize for her environmental work, has died of cancer, the campaigning movement she founded announced on Monday. “It is with great sadness that the family of…

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Heavy rains, floods leave 31 dead in north India

LUCKNOW, India – Officials say monsoon rains caused mud-walled homes to collapse and kill at least 31 people over the weekend in India’s most populous state. Rescuers are struggling to reach affected villages in eastern Uttar Pradesh but are being hampered by rains expected to continue another two days. Relief Commissioner K.K. Sinha says 13 people died in Mirzapur district ...

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