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The Canadian economy stalled in the second quarter, contracting slightly as exports dropped amid the global economic slowdown.
Statistics Canada said Wednesday that Canadian gross domestic product shrank 0.1 per cent in the three months ended June 30, or at an annualized pace
Asian stock markets opened Tuesday with modest gains, following leads in Europe and on Wall Street.
Japan’s Nikkei 225 rebounded from a five-month low on Monday by 0.2 percent to 8,647.62. South Korea’s Kospi recovered ground lost the day before, jumping 1.6 percent to 1,738.71. Australia’s S&P ASX 200 rose 0.8 percent at 4,113.20. Benchmarks in […]
Tripoli was rocked by a series of airstrikes by NATO forces in the early hours of the morning Sunday.
Libyan television reported that the “NATO crusader forces” had hit civilian and military targets in the eastern suburb of Tajoura.
Just after midnight Sunday, a series of dull rumbles and flashes could be seen to the east of […]
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Security officials say 57 militants, mostly from al-Qaida, have escaped from a prison in southern Yemen.
They say the 57 were among 62 inmates from the Mukalla jail in the Hadarmout province who escaped Wednesday through an underground tunnel.
Bands of gunmen attacked the prison simultaneously, opening fire on the guards from outside to divert their attention […]
The drifting plume of ash from Chile’s erupting volcano forced new cancelations of dozens of flights on Monday in Argentina, Uruguay and other South American countries, even as airlines in Australia began trying to move a backlog of volcano-stranded passengers.
Buenos Aires’ two main airports reopened on Monday after halting flights for a day due to […]
Iraq on Sunday finalized two gas deals with a pair of international consortiums to develop two promising gas fields, the latest step by the war-ravaged country to tap into gas resources to fuel its growing electricity demands.
Iraqis have been struggling to rebuild their war-damaged electricity grid and improve power stations and lines, but blackouts are […]
Australia’s economy needs to introduce a price on carbon to protect its prosperity, Treasurer Wayne Swan said as labor unions threatened to oppose the government’s plan over concerns it will cost jobs.
“These big reforms are always hard fought, they’re always difficult and they’re always contested,” Swan said in an interview with Sky Television yesterday. […]
The United Nations mission in Ivory Coast began evacuating some 200 employees after frequent attacks on its headquarters by forces loyal to the country’s strongman.
A U.N. employee said they were told Sunday that they were leaving. They were taken by helicopter from the U.N. base downtown to the airport. Another helicopter will take them to […]
Japanese shares rebounded sharply Wednesday, recovering some of the massive losses sustained the last two days following a devastating earthquake and tsunami.
The Nikkei rose 547.86 points, or 6.4 percent, to 9,153.01. The index had shed more than 1,600 points, or 16 percent, Monday and Tuesday as worries over the nuclear crisis triggered widespread selling.
The plunge […]
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