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At least 17 people are said to have been killed by a blast that took place at about 17:30 (14:30 GMT) at a funeral near the Iraqi city of Hilla. Security officials say that there are dozens more wounded. The explosion, a car bomb, had occurred outside the Nabi Ayub Shia mosque in the town [...]
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The US has slapped three firms and two traders with a lawsuit over allegations of price manipulation for the commodity crude oil. The accused are said to have doctored the pricing for crude oil by-products back in 2008 and this new move has sparked speculations over the imposition of trading cut-offs as stipulated by the [...]
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Mitch Daniels, Indiana Governor, on Sunday morning announced that he wouldn’t be running for presidency, citing concerns from his family members whose wishes and interests were his most important determinants. The governor stated that he’d managed to resolve all other considerations regarding his presidential candidacy save for just one, which was the wishes and [...]
Speculation surrounding US President, Barack Obama’s re-election bid seems to be holding more truth by the day with reports that Obama is set to file his presidential re-election bid with the Federal Election Commission during the week. This revelation came from an inside person who’s aware of the re-election plan but unauthorized to give [...]
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The Fiesta Bowl CEO, John Junker, faced the sack on Tuesday following a series of allegations that Junker misappropriated Fiesta Bowl funds by using them in his political campaigns among other forms of financial misdemeanor. On the same day, an independent 276-page report was released detailing matters of misconduct from the senior level administration [...]
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A whooping 7,500 administrative members of staff, at the US Postal Service, risk losing their jobs following plans to close 2000 postal offices countrywide. Employees with the US Postal Service, USPS, are being persuaded to resign or quit, with a payout of $20,000 with the hope to lay off enough workers so as to [...]
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The earthquake in Japan today saw Nikkei stocks making the greatest dip since October, 2008. Global share prices dropped to a 6-week low in a loss extension/sharing amidst the aftermath of Japan’s catastrophic earthquake, tsunami, and nuclear threat. Negative speculations from investors over Japan’s economic losses fostered the highest day-trading decline in stock-prices since [...]
The United Nations Security Council was on Tuesday holding talks to enact no-fly restrictions for Libya, which has seen a series of riots and unrest over the bad state of political and socio-economic affairs. Officials however reported that the talks did not bear any conclusive action to declare Libya a no-flying zone for security purposes. [...]
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During the past week, the number of unemployment claims filed in the US dropped by 6,000 applications to a total of 388,000 for the week that ended on Mar 26th according to data released by the Labor Department in Washington. According to a spokesperson from the Labor Department, the federal move in yearly revisions [...]
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The Nikkei Stock Average saw a gain for the third day running, and thus marking the greatest gain realized at the Nikkei in about a month’s time. Meanwhile, further economic confidence was boosted by the decrease in the cost of oil coupled with US economic data which indicated a growth in individual incomes, and [...]
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