Monthly Archives: December 2011

Russia submarine fire ‘contained’

Written on December 30, 2011 by Editor - World News

30 December 2011 Last updated at 04:25 ET Please turn on JavaScript. Media requires JavaScript to play. Russian emergency officials reportedly described radiation levels on the burning nuclear submarine as being “normal”

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North Korea’s new leaders lash out at South Korea and allies

Written on December 30, 2011 by Editor - Top News Stories

SEOUL | Fri Dec 30, 2011 1:46am EST SEOUL (Reuters) – North Korea sounded a bellicose note in its first communication with the outside world since the death of leader Kim Jong-il, saying its confrontational stance against South Korea would … Continue reading →

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Spain set to fire opening salvos in austerity drive

Written on December 30, 2011 by Editor - Business News

By Paul Day MADRID | Fri Dec 30, 2011 4:46am EST MADRID (Reuters) – Spain’s centre-right government will announce billions of euros in savings measures on Friday, using its first decrees since sweeping to power at November elections to give … Continue reading →

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On 10th anniversary, euro takes blame for economy

Written on December 30, 2011 by Editor - Finance Top Stories

PARIS (AP) — Just three years ago, the euro was being praised as the can-do currency that had delivered unprecedented prosperity in Europe. Now, it’s widely derided as a hugely flawed experiment in the wake of a debt crisis that’s … Continue reading →

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World stocks waver on last trading day of 2011

Written on December 30, 2011 by Editor - Finance Top Stories

BANGKOK (AP) — Global stock markets were mixed Friday on 2011′s last trading day and turned in heavy losses for the year after Europe’s debt crisis and natural disasters battered a struggling global economy. Japan’s benchmark hit its lowest close … Continue reading →

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World stocks waver on last trading day of 2011 (AP)

Written on December 30, 2011 by Editor - Stock Markets News

BANGKOK – Global stock markets were mixed Friday on 2011′s last trading day and turned in heavy losses for the year after Europe’s debt crisis and natural disasters battered a struggling global economy. Japan’s benchmark hit its lowest close in … Continue reading →

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Jamaican opposition wins general election

Written on December 30, 2011 by Editor - World News

Jamaican opposition leader Portia Simpson Miller has reclaimed leadership of the country in a dramatic political comeback. The ruling Labour party conceded defeat on Thursday after winning just 22 of the 63 parliamentary seats at stake in the general election. With about … Continue reading →

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Opposition call for fresh protests in Syria

Written on December 30, 2011 by Editor - World News

Syrian activists are urging opponents of the government emboldened by the presence of observers to take to the streets on Friday, a traditional day of mass protests, despite the country’s unrelenting bloodshed. The appeal comes after activist groups reported that at … Continue reading →

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Deadly Cyclone Thane hits southern India

Written on December 30, 2011 by Editor - World News

Rice, groundnut and maize crops in coastal areas of two southern Indian states could be damaged by Thane [Reuters] Lashing rains and gale force winds are bearing down on India’s southeastern coast, disrupting power supplies and communication lines as Cyclone Thane … Continue reading →

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Thatcher told ‘abandon Liverpool’

Written on December 30, 2011 by Editor - Top News Stories

30 December 2011 Last updated at 05:19 ET Sending more money to Liverpool was like making “water flow uphill”, the chancellor had said Margaret Thatcher was urged to abandon Liverpool to “managed decline” by her chancellor, newly-released National Archives files … Continue reading →

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