White House condoles on journalists death in Syria

February 23, 2012 11:41 am· Comments Off on White House condoles on journalists death in Syria 

WASHINGTON, Feb. 23 — The White House on Wednesday expressed condolences on the death of two Western journalists in Syria, saying their death underscore the "incredible risks" taken by journalists.

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UN chief hails decision to support AU force in Somalia

February 23, 2012 11:41 am· Comments Off on UN chief hails decision to support AU force in Somalia 

UNITED NATIONS, Feb. 23 — UN Secretary-General Ban Ki- moon on Wednesday welcomed the Security Council's choice to add personnel and funding to the African Union (AU) peacekeeping mission in Somalia.

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High-yielding Chinese vegetable varieties promoted in Benguet

February 23, 2012 11:41 am· Comments Off on High-yielding Chinese vegetable varieties promoted in Benguet 

LA TRINIDAD, Benguet, Feb. 23 – The Benguet State University (BSU) has started to promote to local farmers high-yielding Chinese vegetable varieties which could further improve the world-competitiveness of the farming industry here.

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China's yuan retreats to 6.3031 against USD Thursday

February 23, 2012 11:41 am· Comments Off on China's yuan retreats to 6.3031 against USD Thursday 

BEIJING, Feb. 23 — The Chinese currency Renminbi, or the yuan, weakened 0.43 basis points to 6.3031 against the U.S. dollar on Thursday, according to the China Foreign Exchange Trading System.

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China stock index futures open higher Thursday

February 23, 2012 11:41 am· Comments Off on China stock index futures open higher Thursday 

BEIJING, Feb. 23 — China's stock index futures opened higher on Thursday, with the contract for settlement in March, the most actively traded, up 2.2 points at 2,595 points.

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Algerian food imports soar to 816 million USD in January

February 23, 2012 11:41 am· Comments Off on Algerian food imports soar to 816 million USD in January 

ALGIERS, Feb. 23 — Algeria's food imports in January hit 816 million U.S. dollars with an 18.8-percent year-on-year increase, the Customs' National Center for Statistics and Data ( CNIS) said on Wednesday.

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S. Korean yard wins 1.6 trillion won order to build Royal Navy tankers

February 23, 2012 11:41 am· Comments Off on S. Korean yard wins 1.6 trillion won order to build Royal Navy tankers 

SEOUL, Feb. 23 — Daewoo Shipbuilding and Marine Engineering Co. (DSME), a leading South Korean shipbuilder, has won a 1.6 trillion won (US.42 billion) contract to build four fleet tankers for Britain's Royal Navy, official sources said on Thursday.

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News Analysis: Economic, welfare reforms needed to help Denmark avoid euro-style crisis

February 23, 2012 11:41 am· Comments Off on News Analysis: Economic, welfare reforms needed to help Denmark avoid euro-style crisis 

By Yang Jingzhong, Devapriyo Das

COPENHAGEN, Feb. 23 — Economic downturn in Europe and changes in Denmark's demography are forcing the government to speed up reforms of the Danish economic model characterized by high social welfare and an active labor market.

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Interview: Economist says ECB likely to continue bond-buying program

February 23, 2012 11:41 am· Comments Off on Interview: Economist says ECB likely to continue bond-buying program 

FRANKFURT, Feb. 23 — Although the European Central Bank's (ECB) bond-buying operation came to a halt last week, it is likely to keep the program open as a direct means to intervene in the sovereign debt market, a senior economist said on Wednesday.

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Manila City Council pushes action vs mercury-tainted cosmetics

February 23, 2012 11:41 am· Comments Off on Manila City Council pushes action vs mercury-tainted cosmetics 

MANILA, Feb. 23 — The City Council of Manila last Tuesday unanimously adopted a resolution to rid the market of health-damaging cosmetics containing mercury, an extremely toxic chemical.

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