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New World Bank president pledges support for poor

WASHINGTON — Korean-American Jim Yong Kim has begun his new job as president of the World Bank, promising to immediately focus on helping poor countries navigate a fragile global economy. Dr. Jim Yong Kim makes a statement after arriving for his first day as president of the World Bank…

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Russia to hold talks with Syrian opposition, Annan

MOSCOW (AP) — Russia says it will hold talks with two Syrian opposition groups, officials from President Bashar Assad’s government, and with UN envoy Kofi Annan later in July. Deputy Foreign Minister Mikhail Bogdanov was quoted by the RIA Novosti agency as saying Monday that the first group headed by opposition leader Michel Kilowill will arrive later this week. He ...

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Mursi faces challenge to bring Egypt’s Copts on side

One of the toughest challenges that will face Egypt's new President, Mohammed Mursi, will be relations with the country's Coptic Christian community. In the presidential run-off election, Copts, who make up about 10% of the population, voted overwhelmingly for Mr Mursi's rival, former Prime Minister Ahmed Shafiq, motivated by concerns about having an Islamist as head of state. Since being ...

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China’s Hu welcomes new city boss

Hong Kong – Tens of thousands of pro-democracy protesters took to the streets of Hong Kong hours after Chinese President Hu Jintao swore in the city’s new leader and urged him to resolve what he called “deep disagreements” among the islanders. The by-now annual July 1 demonstration – marking the end of British colonial rule in 1997 – was the ...

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Are Spain the best team of all time?

Spain thrashed Italy 4-0 in the final of Euro 2012 in Kiev on Sunday to win their third major tournament in a row. Vicente del Bosque led his side to an emphatic victory in Ukraine to become the first coach to win a World Cup, a European Championship and a Champions League title. Spain have now won the last two ...

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Journalist challenges Iceland’s president

Icelanders have voted to elect a new president, with a 37-year-old mother with a newborn no political experience challenging Olafur Ragnar Grimsson as he seeks a fifth straight term. Polling booths closed at 2200GMT on Saturday, and the first results were expected about an hour later. Some 236,000 people were eligible to vote, with opinion polls in the final days ...

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Cultural pluralism creates cultural bliss

*/ Many minorities in the United States grow up with the idea that the ‘melting pot’, mentioned in many textbooks and historical references, was a good thing- the romantic and exotic idea that America was made up of so many cultures that came together in harmony to create a magical and wondrous land- a place where pink elephants, chocolate ...

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Surprising Winners and Losers in 2012 (so Far)

By GREGORY ZUCKERMAN At the year’s halfway mark, investors are enjoying some surprising, and hard-fought, gains. The market has overcome—or at least managed to deal with—an array of obstacles, from European debt and slow growth in the U.S. economy to weakness in formerly robust emerging-market economies including China, Brazil and India. And Friday’s big stock rally didn’t hurt. The Standard ...

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