Ireland – EU Pressure Heightens as Debt Crisis Deepens

November 15, 2010
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The European Central Bank (ECB) increased pressure today on the Irish government to use European Union aid to bail out cash-starved banks. Vitor Constancio is Vice President of ECB, and was speaking in Vienna today: “The problems of the Irish banking sector are not only problems of liquidity but also in some cases problems of [...]

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Vettel Crowned Youngest Champion at Abu Dhabi Grand Prix

November 14, 2010
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Just 23 years old, Germany’s Sebastian Vettel won the Abu Dhabi Grand Prix today in a faultless drive, overcoming a powerful challenge from McLaren’s Lewis Hamilton. Vettel beat Hamilton’s 2008 record by just 201 days. Hamilton’s challenge to Vettel was in the opening part of the race, but he failed to get past Pole Robert [...]

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Somali Pirates Free British Couple After 388 Days

November 14, 2010
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Rachel and Paul Chandler, an English retired couple captured on their sailing yacht by Somali pirates on 23 October 2009, were released earlier today and are now on their way home to UK. The Chandler’s release brings to an end a 388-day ordeal which began in late October last year when their 38ft yacht was [...]

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Gold Hits Record High at $1424, then Price Drops to $1369!

November 13, 2010
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After reaching a new record high of $1424 on Tuesday this week, the gold price dropped back to $1369 by closing time on Friday. The main factor driving the downturn was concern that China planned to raise interest rates as an instrument to curb the rising inflation level in their buoyant economy. This is just [...]

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Aung San Suu Kyi Freed After 7 Years’ House Arrest

November 13, 2010
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Burma’s ruling generals ended pro-democracy leader Aung San Suu Kyi’s latest term of house arrest in Rangoon today, eventually agreeing to her unconditional release. For the last two days, a crowd of supporters had been gathering nearby her lakeside house in the hope that the authorities would honor Suu Kyi’s time as served and free [...]

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Irish Debt Under Control Again?

November 12, 2010
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In a flurry of reports today, the Irish economy and in particular national debt has been in crisis, in recovery, and then become subject of reassurance, according to media commentators. The “crisis” triggered European delegates at the G20 summit in Seoul to take time out yesterday to discuss how to deal with it. Irish government [...]

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British Muslims Condemn Attacks on Iraqi Christians

November 12, 2010
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After the upsurge in violence and bloodshed in Iraqi directed against Christians, and less than two weeks since the massacre of 50 at Our Lady of Salvation Catholic Church in Baghdad, the British Muslim Council today condemned the attacks and expressed sympathy for those being terrorized. Shaikh Shuja is Chairman, British Muslim Council. “The Muslims [...]

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