WASHINGTON - The global economy saw more signs of distress on Thursday with U.S. stocks plunging for a second consecutive day, oil prices falling, a surprise rate cut in Switzerland, export woes in Japan and rescue loans to Turkey and...
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Several others were injured in the explosion, in the town of Dera Ismail Khan, reports say. Soon after the blast, the sound of gunfire was heard, triggering a stampede and panic in the area, a local television channel reported. Violence...
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US President-elect Barack Obama will not move for months, and perhaps not until 2010, to ask Congress to end the military's decades-old ban on open homosexuals in the ranks. According to two people who have advised the Obama transition team...
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by Susan Kumar, correspondent for Biodun Iginla, BBC News, Minneapolis and London 2008-11-21 14:43:46 Print NEW DELHI, Nov. 21 -- The Indian Navy has been authorized for "hot pursuit" of pirates into Somali waters, the local media reported Friday. An...
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A blast at the funeral of a Shiite Muslim cleric has killed at least six people in northwestern Pakistan. Friday's attack in the city of Dera Ismail Khan also woundeD 25. Mourners were attending the funeral of cleric Allama Nazir...
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A Chinese writer and journalist who was arrested after protesting against a power plant in southwest China was sentenced Friday to three years in prison on charges of subverting state power, his lawyer said. Chen Daojun was sentenced in Chengdu,...
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Five lakh workers in the textile industry, which is reeling under the impact of a severe slowdown in the export market, may lose jobs in the next five months, Commerce Secretary G K Pillai said today. "According to estimates of...
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Today Americal markets are showing rise in stocks following Asian stocks. AT 15.00 GMT. ON 21.11.2008 EXCHANGE %CHG SANINDPSA 0.2 DOW, 0.7 SNP500 0.6 NASDAQ 0.2 IPC 0.4 TSECIDX 1.9 ALLORDIDX 1.6 NIKKEI 2.7 HANGSENG 2.9 KLSE 0.2 KOSPI 5.8...
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President Asif Ali Zardari Friday said these are testing times for Pakistan which is presently facing economic terrorism. In his address here at Chief Minister House, the President said: History holds testimony to the fact that nations have to face...
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In an attempt to rejuvenate the sluggish exp-orts, the government has prepared a special package for exporters. The package will be presented before apex committee chaired by the Prime Minister, Dr Manmohan Singh, next week. Informing this while speaking at...
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