U.S. sentences security chief in coal mine explosion to 3 years in prison

March 1, 2012 10:05 am· Comments Off on U.S. sentences security chief in coal mine explosion to 3 years in prison 

WASHINGTON, March 1 — A U.S. court on Wednesday sentenced a former security chief of a West Virginia coal mine to 3 years in prison, after he was convicted of two felony accounts for lying to investigators and trying to destroy evidence in the investigation of the country's worst coal-mining disaster in nearly 40 years.

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N.K. nuclear envoy could visit U.S.: sources

March 1, 2012 10:05 am· Comments Off on N.K. nuclear envoy could visit U.S.: sources 

WASHINGTON, March 1 — A senior North Korean nuclear negotiator could visit the United States for a security forum later this month, diplomatic sources said, as the prospects of resuming six-party nuclear talks rose with the latest disarmament-for-aid deal between the two countries.

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Feature: Leading French presidential candidates promise more jobs

March 1, 2012 10:05 am· Comments Off on Feature: Leading French presidential candidates promise more jobs 

By Ounissi Sonia

PARIS, March 1 — Echoing people's concerns, the leading two rival presidential candidates, both socialist frontrunner Francois Hollande and incumbent President Nicolas Sarkozy vowed to create more jobs if elected in the 2012 elections.

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Chicago soybean continues to rally on robust demand for U.S. supplies

March 1, 2012 10:05 am· Comments Off on Chicago soybean continues to rally on robust demand for U.S. supplies 

CHICAGO, March 1 — Chicago soybean prices continued to hike on Wednesday, shrugging off outside market pressure, supported by more export news plus concerns over slow export movement out of Brazil. Corn ended a tad higher, but wheat dipped.

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Roundup: U.S. economy picks up speed, headwinds linger

March 1, 2012 10:05 am· Comments Off on Roundup: U.S. economy picks up speed, headwinds linger 

By Xinhua Writer Jiang Xufeng

WASHINGTON, March 1 (Xinhua) — The U.S. economy expanded at a quicker pace in the previous quarter than earlier estimate, and was expected to gain momentum this year, but the U.S. central bank chief cautioned that the recovery still faced a set of challenges.

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S. Korea posts trade surplus of US$ 2.2B in Feb.

March 1, 2012 10:05 am· Comments Off on S. Korea posts trade surplus of US$ 2.2B in Feb. 

SEOUL, March 1 — South Korea posted a trade surplus of US$ 2.2 billion in February, a government report showed Thursday.

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Gold plunges on Bernanke's comments

March 1, 2012 10:05 am· Comments Off on Gold plunges on Bernanke's comments 

CHICAGO, March 1 — Gold futures on the COMEX Division of the New York Mercantile Exchange crashed on Wednesday, as investor hopes for quantitative easing (QE3) rescue were dashed, after U.S. Federal Reserve Chairman Bernanke stopped short of signaling further Fed bond purchases.

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U.S. stocks retreat as Bernanke's remark disappoints

March 1, 2012 10:05 am· Comments Off on U.S. stocks retreat as Bernanke's remark disappoints 

NEW YORK, March 1 — The U.S. stocks retreat on Wednesday after the Dow Jones industrial average settled above 13,000 for the first time in nearly four years as the Federal Reserve chairman Ben Bernanke provided few hints about future stimulus.

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U.S. unemployment rate to decline slowly in 2012: Bernanke

March 1, 2012 10:05 am· Comments Off on U.S. unemployment rate to decline slowly in 2012: Bernanke 

WASHINGTON, MArch 1 — U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday the nation's high unemployment rate was expected to edge down "only slowly" in 2012.

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Oil importers from Iran can pay in gold: official

March 1, 2012 10:05 am· Comments Off on Oil importers from Iran can pay in gold: official 

TEHRAN, March 1 — The Governor of the Iranian Central Bank Mahmoud Bahmani said that Iran will accept both gold and other countries' national currencies as payment for its oil, the semi-official Mehr news agency reported Wednesday.

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