May 29, 2012

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Japan and China to start direct currency trading the yuan and yen to scrap the US currency as an intermediary unit

Japan and China to start direct currency trading By Peter Brieger | AFP  Japan and China said Tuesday they will start direct currency trading this week, marking the first time Beijing has let a major unit other than the dollar swap with the yuan. The move, which will scrap the US currency as an intermediary […]

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May 29, 2012

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Canada’s Quebec unrest generates more than 3,000 news reports in 77 countries

Quebec unrest generates more than 3,000 news reports in 77 countries: analysis   By Andy Blatchford | The Canadian Press   MONTREAL – The civil unrest consuming Quebec is also seizing media attention abroad — with more than 3,000 news reports from 77 different countries in recent weeks.   That’s according to an analysis released […]

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May 28, 2012

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Africa GDP seen rising-Africa’s economy will expand 4.5 percent this year

Africa GDP seen rising By Duncan Miriri | Reuters ARUSHA, Tanzania  – Africa’s economy will expand 4.5 percent this year before accelerating to 4.8 percent in 2013, the African Development Bank said on Monday though it warned the festering euro zone crisis may hurt demand for African exports. AfDB said Africa’s economy grew 3.4 percent […]

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May 27, 2012

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Bermuda, 22 monarchs and 507 years

One Bermuda, 22 monarchs and 507 years By Dr. Edward Harris The Royal Gazette Half a millennium and seven years ago, this being the Year of Our Lord 2012, a small Spanish vessel provided the platform from which humans first became aware of the existence of dry land at 65 degrees West by 32 degrees […]

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May 25, 2012

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The largest privately owned home in America: Born for Biltmore – a big place that’s big business

Born for Biltmore – a big place that’s big business William Amherst Vanderbilt Cecil Jr. runs the estate his ancestor created more than a century ago. It’s a lot of work: Biltmore is a big place that’s a big business.   Bill Cecil at the Biltmore Estate Tuesday, February 28, 2012. Todd Sumlin     […]

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May 25, 2012

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Obama or Romney: History has shown, by the ages of most US presidents, younger does matter

Obama or Romney: History has shown, by the ages of most US presidents, younger does matter   Dilemma X Some Americans feel the age of a president at their first inauguration should coincide with the more current time period. Many American voters think a president should be able to relate to current trends and the future […]

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May 25, 2012

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New Orleans’ Times-Picayune, one of the nation’s oldest newspapers, to cut paper to 3 days a week

Times-Picayune to cut paper to 3 days a week The Times-Picayune to cut print papers to 3 days a week amid industry’s digital age struggles By Cain Burdeau Associated Press NEW ORLEANS — The Times-Picayune, one of the nation’s oldest newspapers, will no longer offer print editions seven days a week and instead plans to […]

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May 25, 2012

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‘Chinese funds needed’ to reach Brazil offshore oil

‘Chinese funds needed’ to reach Brazil offshore oil   AFP   Tapping Brazil’s huge offshore oil reserves will require foreign investment that only cash-rich Chinese banks are in a position to provide, industry experts said.   Alvaro Teixera of the Brazilian Petroleum, Gas and Biofuels Institute IBP told an energy forum that cumulative expenditures in […]

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May 24, 2012

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Angola sets next general election date-August 31, 2012

Angola sets next general election date   AFP Angola has set August 31 as the date for elections likely to return President Jose Eduardo dos Santos and his ruling MPLA to power. But opposition parties claim voting cannot be free and fair.   “The Council of the Republic has pronounced in favour of August 31 […]

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May 23, 2012

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Egypt hold presidential election: Facts about the historic post-Mubarak vote

Egypt’s presidential election: Facts about the historic post-Mubarak vote By Leila Fadel The Washington Post Why is the Egyptian presidential election important? This is Egypt’s first competitive presidential election in modern history. For the first time, Egyptians will get to choose who leads, and people have a choice of 13 candidates. The result will also […]

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