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U.S. is uneasy as Pakistan bargains with militants PDF Print E-mail
Monday, 16 June 2008

The jirgas, or traditional tribal gatherings, continue late into the night, reports la Times.

And every few weeks, from some remote corner of Pakistan's untamed frontier region, word filters out: Another truce has been struck between the government and a local warlord who commands a band of pro-Taliban fighters.

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Car gifted by Hitler to Nepal king awaits new home PDF Print E-mail
Monday, 16 June 2008

REUTERS, KATHMANDU - A car gifted by Adolf Hitler to a Nepali king is likely to be displayed in a palace museum after the Himalayan nation abolished the 239-year-old monarchy and the ousted King Gyanendra quit the palace.

Officials said a 1939 Mercedes Benz presented by the Nazi leader to King Tribhuvan, Gyanendra's grandfather, is now rusting at Nepal's main Narayanhiti palace grounds.
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31 killed in two Indian accidents PDF Print E-mail
Monday, 16 June 2008

REUTERS, GUWAHATI, India - At least 31 people were killed in separate accidents in mountain states of Arunachal Pradesh and Himachal Pradesh on Sunday, police said.

Officials said 15 people, including seven women, were buried alive by landslides triggered by heavy overnight rain in Arunachal Pradesh early on Sunday.
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Karzai threatens pursuit into Pakistan PDF Print E-mail
Monday, 16 June 2008

REUTERS, KABUL - Afghan President Hamid Karzai on Sunday threatened to send troops into neighbouring Pakistan to kill Taliban militants if they pursued cross-border attacks into Afghanistan.

Self-proclaimed Pakistani Taliban leader Baitullah Mehsud and other Taliban officials in recent weeks have vowed to send fighters into Afghanistan to battle Afghan and foreign forces.
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EU looks to pick up the pieces after Irish treaty shock PDF Print E-mail
Monday, 16 June 2008

AFP, BRUSSELS - European foreign ministers gather Monday to take a first look at the EU's battered reform plans after Ireland's stunning rejection of the Lisbon Treaty.

The ministers, in a day of talks in Luxembourg, will want to hear from their Irish counterpart Micheal Martin on whether Dublin believes anything more can be done to get his country to accept the painstakingly assembled document.
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Uneven Growth Leaves South Africa's Poor Behind PDF Print E-mail
Monday, 16 June 2008

South Africa at a Crossroads

Agency

Violent images that emerged this spring of poor South Africans attacking immigrants from neighboring countries have cast a spotlight on the nation's economic troubles.

Many believe the attacks were an expression of frustration by South Africans who are out of work and forced to compete for low-wage jobs with laborers from Zimbabwe, Mozambique and Malawi.

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Newly independent Kosovo's constitution enters force PDF Print E-mail
Monday, 16 June 2008

AFP, PRISTINA - Kosovo's constitution entered into force Sunday, four months after it split from Serbia, opening the way for majority Albanians take over from a nine-year-old UN mission under European guidance.

President Fatmir Sejdiu marked the imposition of the newly independent state's first charter by signing a set of laws for the first time, in the presence of European Union special representative Peter Feith.

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Bush Urges Brown Not to Set Iraq Pullout Timetable PDF Print E-mail
Monday, 16 June 2008

REUTERS, LONDON - President George W. Bush urged British Prime Minister Gordon Brown on Sunday not to set a timetable for the withdrawal of troops from Iraq.

Bush issued his call ahead of a visit to Britain, the final stop of a European farewell tour on which he has won support for ratcheting up pressure on Iran over its nuclear program.

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Million flee south Chinese floods PDF Print E-mail
Monday, 16 June 2008

Flooding in southern China has killed at least 55 people and forced more than one million to flee their homes, the government says, reports BBC.

Torrential downpours have affected nine provinces, China's civil affairs ministry says. More rain is expected in the coming days, forecasters warn.
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Free and Flush, Russians Eager to Roam Abroad PDF Print E-mail
Monday, 16 June 2008

AP, ANTALYA, Turkey — Yelena Kasyanova booked her trip at a local travel agency in about as much time it takes to drop by the market for a few groceries.

She was soon lounging here by the Mediterranean, a working-class anybody from an anyplace deep in Russia, a child of the Soviet era who still remembers the humiliating strictures that once made it difficult to obtain a passport, let alone a plane ticket.

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Iran defiant in nuclear row PDF Print E-mail
Monday, 16 June 2008

REUTERS, TEHRAN - Western powers are warning Iran of more sanctions if it rejects an incentives offer and presses on with sensitive nuclear work, but the Islamic Republic is showing no sign of backing down.

On Saturday, Iran again ruled out suspending uranium enrichment despite the offer by six world powers of help in developing a civilian nuclear programme if it stopped activities the United States and others suspect are designed to make bombs.
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Maldives upstage India to claim maiden title PDF Print E-mail
Monday, 16 June 2008

SAFF Cup

REUTERS - Maldives upset holders India 1-0 in the final to win their maiden South Asian Football Federation (SAFF) Cup title in Sri Lanka.

Mukthar Naseer scored the winner with a long range strike in the dying minutes to seal victory for the co-hosts in their third final appearance and avenge their defeat against the favourites in the group stages of the eight-nation event.
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US, China set for talks to address economic concerns PDF Print E-mail
Monday, 16 June 2008

AFP, WASHINGTON - With their economies in crisis, top policy makers from the United States and China hold talks this week in a bid to ease currency concerns, counter protectionist pressures and boost energy security.

The cabinet-level talks led by US Treasury Secretary Henry Paulson and Chinese Vice Premier Wang Qishan take place as the world's richest and most rapidly growing economies grapple with rocketing oil and food prices, higher inflation and financial market instability.
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Advertisers gather in Cannes as tough times loom PDF Print E-mail
Monday, 16 June 2008

REUTERS, PARIS- Online advertising will be a key topic when world advertising leaders gather in Cannes on the French Riviera from Sunday as the industry tries to weather tough economic times.

Around 12,000 ad agency employees, art directors, marketers, producers, clients and other industry executives are expected to attend the week-long Cannes Lions 2008 festival that kicks off on June 15.
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High oil prices hitting poor nations: UK minister PDF Print E-mail
Monday, 16 June 2008

REUTERS, RIYADH- High oil prices are hitting those least able to afford it, but an imbalance in demand and supply which is partly behind the price spike could last for years, Britain's energy minister said on Saturday.

"The sheer scale of the price rises speaks of a clear belief that this supply and demand imbalance will continue for years to come," Malcolm Wicks said in a speech to the Riyadh-based International Energy Forum.
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Hedge investors hunt for next blockbuster strategy PDF Print E-mail
Monday, 16 June 2008

REUTERS, LONDON- Top hedge fund bosses will debate whether an upturn in distressed investing or profitable macro strategies offer 2008's blockbuster trade, just as short subprime was in 2007, when they meet in Monaco this week.

GAIM International 2008, held from June 17-19 in the Mediterranean resort for the super-rich, comes as the $2.6 trillion industry faces up to poor returns and investor outflows and searches for a follow-up to betting on falling subprime assets last year.
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Govt making headway in release of Khaleda PDF Print E-mail
Monday, 16 June 2008

Says Zillur

Bdnews24.com

Education adviser Hossain Zillur Rahman said Saturday the government reached the final phase of its move on the probable release of former prime minister Khaleda Zia and sons

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Non-govt teachers demand 20% DA PDF Print E-mail
Monday, 16 June 2008

Urges govt. to amend ACR guidelines, cancel decision to withdraw MPO and staffing pattern 95

Staff Reporter

Leaders of non-government teachers at a meeting in Chittagong demanded 20% dearness allowance(DA) in line with those of their government counterparts.

Bangladesh Sikshak-Karmachari Oikyo Parisad, Ctg organized the meeting at Chittagong Press Club on Saturday.

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G8 set to warn oil, food price shock endangers world economy PDF Print E-mail
Monday, 16 June 2008

AFP, OSAKA - World finance chiefs are set to warn Saturday that soaring food and oil prices threaten the global economy, and some blame could fall on the weak dollar.

The officials from the Group of Eight (G8) rich nations held setpiece talks on the last day of their meeting as concerns grow about the economic damage from a doubling of food costs in three years and sky-high oil prices.
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Govt management failing to run industries: adviser PDF Print E-mail
Monday, 16 June 2008

Bdnews24.com

Finance adviser AB Mirza Azizul Islam said Saturday industrial units cannot run effectively under government management.

The employees of government-run companies do not work properly, said the adviser, speaking at a discussion on "Budget for fiscal 2008-09 and development of northern region", organised by North Bengal Development Council at CIRDAP auditorium.
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Subsidy pressure will build further up: Tamim PDF Print E-mail
Monday, 16 June 2008

Bdnews24.com

Prof M Tamim, special aide to the chief adviser, said Saturday fuel subsidy would stand at Tk 16,000 crore in the forthcoming fiscal year, if fuel prices remained high on the world market.

The amount of subsidy in all sectors will reach about Tk 26,000 crore, which is higher than the allocation for the annual development programme set at Tk 25,600 crore for the next fiscal year, Tamim said in his speech to a seminar on energy.
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