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AU optimistic on Chad-Sudan relations after talks PDF Print E-mail
Wednesday, 21 May 2008

Reuters, Khartoum - The new head of the African Union said on Sunday he was optimistic tensions between Chad and Sudan would ease, after holding talks in both countries.

Sudan cut diplomatic relations with Chad last week, blaming it for an attack on Khartoum which killed more than 200 people. Chad denies responsibility and has accused Sudan of masterminding attacks on N'Djamena in the past.

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Colombia rejects Venezuela border incursion charge PDF Print E-mail
Wednesday, 21 May 2008

Reuters, Bogota - Colombian authorities on Sunday rejected charges from Venezuela that their troops had crossed the frontier in the latest incident to test fraying relations between the Andean neighbors.

Venezuela over the weekend accused 60 Colombian soldiers of entering its territory in what Caracas said was a provocation that aimed to destabilize the region.

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South Africa anti-foreigner violence spreads, many flee PDF Print E-mail
Wednesday, 21 May 2008

Reuters, Johannesburg - Hundreds of foreigners living in South Africa took refuge in police stations and churches as week-old violence against them spread further across poor townships, local media reported on Sunday.

Numbers of casualties since the attacks against Zimbabweans and other immigrants began a week ago varied, with some reports on Sunday putting the death toll at around 10.

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Qatari mediator pushes proposals at Lebanon talks PDF Print E-mail
Wednesday, 21 May 2008

Reuters, Doha - Qatari-led mediators tried on Monday, the fourth day of tense negotiations in Doha, to nudge rival Lebanese leaders towards agreement on proposals aimed at ending their political crisis.

The Qatari prime minister made detailed proposals to the two sides on Sunday night and held talks with the rival leaders in the early hours of Monday, delegates said.

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Nine killed in Philippine shooting spree PDF Print E-mail
Wednesday, 21 May 2008

Reuters, Manila - Several Philippine men sprayed houses in a farming village outside Manila with bursts of automatic weapon fire, killing nine people, most of them sleeping children, police said on Monday.

Police had earlier suspected a solitary gunman was responsible for the shooting near Calamba town on Sunday night, but regional police chief Ricardo Padilla told Reuters several men were involved and that an old feud was believed to be the motive.

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Yahoo shares gain in Frankfurt on anticipation of Microsoft deal PDF Print E-mail
Wednesday, 21 May 2008

Yahoo shares jumped in early trading here on Monday after Microsoft said it was considering a new deal with the second biggest-Internet advertising platform, but not a new takeover bid, reports agency.

Yahoo showed a gain of 3.04 percent to 18.28 euros (28.48 dollars) in open-market trading.
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Budget deficit will touch 5%: adviser PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

The finance adviser said Monday the upcoming budget will stand at Tk 99,500 crore, of which Tk 25,500 crore will be marked for the annual development programme.

Speaking to reporters after inaugurating a seminar on privatisation at Sonargaon Hotel, finance and planning adviser AB Mirza Azizul Islam said non-development spending, expenditure in the food sector, expenditure for structural adjustment and loan and advance would amount to Tk 74,000 crore.
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Oil drifts lower after early gains PDF Print E-mail
Wednesday, 21 May 2008

REUTERS, LONDON - Oil gave up early gains on Monday after a climb to a record high last week of nearly near $128 a barrel.

US light crude for June delivery was down 32 cents at $125.97 a barrel by 0947 GMT.

It closed at $126.29 a barrel on Friday after touching a record peak of $127.82 earlier that day after publication of a bullish price forecast from investment bank Goldman Sachs.

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Asia funds fear inflation may mean sucker's rally PDF Print E-mail
Wednesday, 21 May 2008

HONG KONG - Asia-focused fund managers fear the region's high inflation rates could help turn an impressive 20 percent rise in stocks since March into a classic bear market -- or "sucker's" -- rally in which shares dive to new 2008 lows.

Rising prices could force Asian central banks to take tough action such as raising interest rates or letting currencies appreciate, even as the fallout of the global credit crunch drags on U.S. and European growth and demand for Asian exports.

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G8 climate talks to discuss targets, rift remains PDF Print E-mail
Wednesday, 21 May 2008

REUTERS, TOKYO  - Environment ministers from rich nations and other major greenhouse gas emitters will seek to build momentum for talks on emissions reduction targets this weekend in Japan, but agreement will be hard to reach.

Officials from the Group of Eight and big emerging economies, including China and India, meet from Saturday in Kobe, western Japan, as countries remain divided over the need for a global target to halve greenhouse gas emissions by 2050.

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Maruti Suzuki raises most car prices PDF Print E-mail
Wednesday, 21 May 2008

REUTERS, MUMBAI - Maruti Suzuki India Ltd, the country's top car maker, has raised prices of most models by up to $353, a dealer said on Monday, to offset some of the impact of the high cost of raw materials such as steel.

The increases range from 1,000 rupees ($24) on the Zen Estilo and Wagon R hatchbacks to 15,000 rupees on the diesel variant of Swift, said the dealer who asked not to be named.

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Reliance Entertainment in Hollywood deal PDF Print E-mail
Wednesday, 21 May 2008

REUTERS, MUMBAI - A unit of diversified Reliance ADA group, controlled by billionaire Anil Ambani, said it has signed deals with eight Hollywood production houses, as it seeks a bigger global presence.

Reliance Big Entertainment will develop and co-finance some of the projects emanating from these deals, and secure the Indian rights, it said, without specifying financial details.

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Jamaat condemns Nizami arrest PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

The central executive committee of Jamaat-e-Islami Monday condemned the arrest of party chief Motiur Rahman Nizami in the GATCO case, a party statement said.

Members of the committee at a meeting termed the GATCO case false and said it was aimed at harassing politicians.

Jamaat-e-Islami nayeb-e-ameer AKM Nazir Ahmad presided over the meeting.

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Fact-finders for probe into Nizami's 'war crimes' PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

The War Crimes Fact Finding Committee Monday urged the government to take into cognisance all allegations of war crimes against Jamaat-e-Islami chief Motiur Rahman Nizami, arrested on charges of corruption.

Dr MA Hasan, convenor of the committee, told bdnews24.com: "There are many allegations against Nizami for his role in 1971 and beyond. Now that he has been arrested on charges of corruption, all allegations against him should be probed. This is the demand of the people."
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Judiciary still not free: AL leader PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

Acting Awami League general secretary Syed Ashraful Islam Monday claimed the judiciary was "still not free" despite recent separation from the executive branch.

"The judiciary is not free despite being separated. It is being controlled from an invisible place," Ashraful told newly elected leaders of Dhaka Bar Association.
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Delwar faction sends back dialogue invitation PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

The pro-Delwar BNP has sent back the government invitation letter for dialogue, a leader said Monday.

The letter was sent to Khandaker Delwar Hossain's NAM flat by a special messenger from the Chief Adviser's Office Monday.
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Aga Khan arrives in Dhaka PDF Print E-mail
Wednesday, 21 May 2008

The Aga Khan, leader of the Ismaili Muslims, arrived in Dhaka Monday afternoon to a red carpet reception by private plane and was greeted by chief adviser Fakhruddin Ahmed at the airport, reports bdnews24.com.

He was driven to Sonargaon Hotel, where he will be staying during his four-day visit. He is scheduled to have a meeting with the chief adviser at 3.30pm.

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US deputy assistant secretary Barks-Ruggles arrives PDF Print E-mail
Wednesday, 21 May 2008

Agency

US deputy assistant secretary of state for democracy, human rights, and labour Erica Barks-Ruggles arrived Dhaka Monday on a three-day visit.

Barks-Ruggles will discuss with government officials restoration of democracy, human rights, and other related issues.
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AL to consult leaders of all levels on dialogue PDF Print E-mail
Wednesday, 21 May 2008

The Awami League will decide on its participation in dialogue with the government after an extended meeting of the party's central working committee to be held on May 26, said acting AL general secretary Syed Ashraful Islam Monday, reports bdnews24.com.

"Our participation in the dialogue will be decided at the May 26 meeting by party leaders of all levels," he said following an AL presidium meeting at the acting party president Zillur Rahman's home.

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‘Dialogue without Hasina won't be successful’ PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

The Workers Party has expressed support for the Awami League's probable decision not to join dialogue without its party chief Sheikh Hasina.

"We will attend the dialogue to say that it will not be successful without Sheikh Hasina," party president Rashed Khan Menon told a press conference Monday.
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Wilkinson wraps up Bangladesh visit PDF Print E-mail
Wednesday, 21 May 2008

Bdnews24.com

Rotary International president Wilfried J Wilkinson wrapped up his Bangladesh visit Monday.

At an afternoon press conference at Dhaka Sheraton Hotel, Wilkinson said he came here to visit Sidr-hit areas and Rotary projects.
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