France hits rich and business to slash deficit

Published : 12:00 am  October 1, 2012  |  Category: International  |  Leave a Comment  |  225 views  |  
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Reuters: Socialist President Francois Hollande unveiled higher levies on business and a 75-percent tax for the super-rich on Friday in a 2013 budget aimed at showing France has the fiscal rigour to remain at the core of the euro zone. The package aims to recoup 30 billion euros for the public purse with a goal of narrowing the deficit to 3.0% of national output next year from 4.5% this year – France’s toughest single belt-tightening in 30 years.  Read More →


Heineken wins control of Tiger beer maker; focus shifts to F&N

Published : 12:01 am  September 29, 2012  |  Category: International  |  Leave a Comment  |  488 views  |  
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Reuters: Heineken NV won full control of the maker of Tiger beer on Friday after shareholders of its Asian partner, Fraser and Neave Ltd (F&N), voted in favour of selling the conglomerate’s stake in the brewer for $6.3 billion.  Read More →


China underestimated global slowdown: CB Adviser

Published : 12:01 am  September 29, 2012  |  Category: International  |  Leave a Comment  |  325 views  |  
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Reuters: China severely underestimated this year’s global economic slowdown and further cuts to Chinese interest rates or bank reserve requirements hinge on any new deterioration in the external environment, a central bank adviser said on Thursday.  Read More →


Suitors bombard Hong Kong tycoon’s gay daughter after $ 65 m dowry

Published : 12:01 am  September 29, 2012  |  Category: International  |  Leave a Comment  |  375 views  |  
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Reuters: The newly married lesbian daughter of a Hong Kong tycoon who offered a $65 million “marriage bounty” to any man able to win her love, on Thursday said she’d been flooded by marriage proposals but harboured no animosity towards her father.  Read More →


Losing ground in Ohio, Romney says his ‘heart aches’ for jobless

Published : 5:00 am  September 28, 2012  |  Category: International  |  Leave a Comment  |  379 views  |  
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Reuters: The race for president focused squarely on the battle for working-class votes on Wednesday, as Republican Mitt Romney scrambled to make up ground on Democratic President Barack Obama in the crucial battleground state of Ohio.  Read More →


Ahmadinejad denounces ‘uncivilised Zionists,’ urges new order

Published : 4:59 am  September 28, 2012  |  Category: International  |  1 Comment  |  401 views  |  
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Reuters: Iran’s President said on Wednesday his country was under constant threat of military action from “uncivilised Zionists” and called for a new world order not dominated by Western powers in the service of “the devil.”  Read More →


WHO issues guidance on new SARS-like virus, gears up for Haj

Published : 4:58 am  September 28, 2012  |  Category: International  |  Leave a Comment  |  322 views  |  
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Reuters: The World Health Organization on Wednesday urged health workers around the world to report any patient with acute respiratory infection who may have travelled to Saudi Arabia or Qatar and been exposed to a new SARS-like virus confirmed in two people so far.  Read More →


US will ‘do what we must’ on Iran, UN’s Ban opposes threats

Published : 3:27 am  September 27, 2012  |  Category: International  |  1 Comment  |  265 views  |  
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UNITED NATIONS(Reuters): President Barack Obama will say on Tuesday the United States will “do what we must” to prevent Iran from acquiring a nuclear weapon as UN Secretary-General Ban Ki-moon warned against threatening attacks whose consequences would be devastating.  Read More →


Oil falls below $110 on euro zone crisis

Published : 3:25 am  September 27, 2012  |  Category: International  |  Leave a Comment  |  402 views  |  
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Reuters: Brent crude oil fell more than $1 per barrel to below $110 on Wednesday, weighed down by a stronger dollar, worries over growth and the euro zone debt crisis as Greece faced its biggest anti-austerity strike for months.  Read More →


China slowdown adds urgency to Communist Party soul searching

Published : 3:24 am  September 27, 2012  |  Category: International  |  Leave a Comment  |  310 views  |  
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Reuters: Chinese university teacher Zhu Haibin wept softly as she and other Communist Party cadres stood in rows before a mass grave of Communist fighters in southern China.  Read More →


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