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Eurozone debt doubts drag euro down

The euro has sunk to a more than one-year low against the dollar and hit an 11-year low versus the yen amid concerns over Europe’s debt crisis as Italy and Spain came under intense pressure on the markets. The 17-nation currency fell as low as $1.2775 on Thursday, its weakest level since September 2010. Spain said it banks would need ...

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Mahatma Gandhi Peace Prize Awarded To His Holiness The Dalai Lama

Article by Yeshe Choesang, WN Correspondent Dharamshala. Bodh Gaya, India: Ela Gandhi, granddaughter of Mahatma Gandhi, awarded His Holiness the 14th the Dalai Lama of Tibet with the ‘Gandhi Award’ on Wednesday, January 4th. The spiritual leader of Tibet, whose efforts towards peace building have been lauded the world over, is currently in the city for the annual Kalachakra teachings. ...

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11 people dead in New Zealand after hot-air balloon catches fire

A HOT-air balloon burst into flames and crashed to the ground in New Zealand today, killing all 11 people aboard, after hitting a power line. The balloon came down in calm weather near Carterton, a small town north of the capital Wellington and a popular area for ballooning, in New Zealand’s worst aviation disaster in more than 30 years. "It ...

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Japan to shut nuke reactors after 40 years of use

TOKYO (AP) — Japan says it will soon require atomic reactors to be shut down after 40 years of use to improve safety following the nuclear crisis set off by last year’s tsunami. Concern about aging reactors has been growing because the three units at the Fukushima Dai-ichi plant in northeastern Japan that went into meltdown following the tsunami in ...

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Docs: Argentine leader’s thyroid wasn’t cancerous

BUENOS AIRES, Argentina (AP) — Argentine President Cristina Fernandez didn’t have cancer after all. After having some of Argentina’s leading cancer surgeons completely remove her thyroid gland, tests showed no presence of any cancerous cells in the tissue, presidential spokesman Alfredo Scoccimarro said Saturday. “The Presidential Medical Unit has the satisfaction of communicating that the team at the Austral University ...

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Ex-rebel official hopeful about Libya’s transition

WASHINGTON – As fighting among militias in Libya continues, the country’s former finance and oil minister said Thursday that a strong presidential system was crucial to provide stability following the ouster of Moammar Gadhafi. Ali Tarhouni, who left his post in Libya’s National Transitional Council last fall, said that the country will remain in limbo until elections this summer but ...

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Trinamul rally to counter Cong

The ongoing war of words between the Trinamul Congress and the Congress on Wednesday exploded into an all-out war which may even endanger their alliance. Angered by the Congress agitation against the Mamata Banerjee government, the Trinamul Congress has planned a counter-rally in Kolkata on January 9. The Congress leaders launched a tirade against her government and her party. Addressing ...

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