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Migrants flee after quake

Gangtok, Sept. 24: When the boulders started raining down, the toil for survival turned into a trek for staying alive. At least a thousand labourers, many of them from Bengal, fled the site of the 1,200MW Teesta Stage-III hydel power project in Chungthang, North Sikkim, after seeing several fellow workers crushed by hurtling rocks. Last Sunday’s 6.9-magnitude quake, which has ...

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UBS chief quits over rogue trading loss

UBS chief executive Oswald Gruebel has resigned over a $2.3 billion loss caused by rogue trading at its investment division, which is to be restructured now to prevent similar incidents in future, the Swiss bank said. Sergio Ermotti, the new interim boss, said on Saturday the scandal had revealed a risk exposure that was “totally unacceptable” and his first priorities ...

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Afghan police foil suicide attacks in the south

KABUL, Afghanistan – Afghan police say officers have shot dead two men wearing explosives vests, foiling a planned suicide attack on a government building. The Ministry of Interior says the shooting on Sunday morning in the southern Zabul province detonated the attackers’ explosives and both died. Separately, the ministry says more than 340 rockets have been fired in the past ...

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Pakistan warns U.S. against sending ground troops

ISLAMABAD – Pakistan’s foreign minister on Saturday warned the United States against sending ground troops to her country to fight an Afghan militant group that America alleges is used as a proxy by Pakistan’s top intelligence agency for attacks in neighboring Afghanistan. The warning came as the U.S. Embassy said Gen. James Mattis, head of U.S. Central Command, arrived in ...

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Geithner sounds alarm on Europe

By Ben Rooney September 24, 2011: 11:09 AM ET U.S. Treasury Secretary Tim Geithner said European leaders need to do more to prevent financial chaos in Europe. NEW YORK (CNNMoney) — The Treasury Secretary says the euro area sovereign debt and banking crisis are the biggest threat to the global economy and European leaders need to do more to resolve ...

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Amanda Knox appeal: Prosecutors reject DNA concerns

Prosecutors have used their concluding statements in the appeal of two people convicted of killing a British student to defend the DNA evidence in the case. American Amanda Knox and Italian Raffaele Sollecito were found guilty in 2009 of the murder of Meredith Kercher, from south London, in…

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France to ‘extradite’ Noriega to Panama

A French court has granted a conditional release for Panama’s former president to be extradited to his country to serve a 20-year prison sentence for human-rights abuses. The release for the 77-year-old Manuel Noriega, who was overthrown in a 1989 US invasion and has been serving a seven-year sentence in France for money laundering…

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