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Emergency talks called to calm global financial crises

Finance chiefs from major powers are to hold emergency talks by telephone to discuss ways to contain the latest turmoil on world financial markets, reports say. Twin debt crises in the eurozone and the US have caused sharp falls. Analysts say world leaders want to calm international markets ahead of exchanges reopening on…

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U.S. Widens Its Role in Battle Against Mexico’s Drug Cartels

WASHINGTON — The United States is expanding its role in Mexico’s bloody fight against drug trafficking organizations, sending new C.I.A. operatives and retired military personnel to the country and considering plans to deploy private security contractors in hopes of  turning around a multibillion-dollar effort that so far has shown few results. Related Times Topic: Mexican Drug Trafficking Adriana Zehbrauskas for ...

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US AAA credit rating downgraded

One of the top credit rating agencies, Standard & Poor’s, has downgraded the United States’ top-notch AAA rating. S&P cut the long-term US credit rating by one notch to AA+ with a negative outllook, citing…

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Ask the Right Questions About Social Security and U.S. Militarism

Article by WN.com Correspondent Dallas Darling Sitting at a small round kitchen table, Marie just found out she had won a $200 gift certificate worth of school supplies for her grandson. Her tears were mixed, some sweet, others bitter. Several weeks earlier, Marie had been told by a doctor that her kidneys were failing and she needed dialyses. Since her ...

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The day Hiroshima turned into hell

Sixty-six years ago, Hiroshima was turned into a burning inferno as the Americans dropped an atomic bomb on the Japanese city. Keijiro Matsushima was 16 years old when he witnessed the attack which claimed roughly 100,000 lives in one day. He recalls how August 6, 1945, was a beautiful day, with a blue sky. Keijiro had returned to school only a week earlier, ...

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At least 18 Syria protesters killed on Ramadan Friday

AMMAN (Reuters) – Syrian security forces killed at least 18 civilians in attacks on tens of thousands of protesters demonstrating against the rule of President Bashar al-Assad on the first Friday of the Muslim fasting month of Ramadan, activists said. A six-day tank assault on the central city of Hama to crush pro-democracy demonstrations there has killed at least 300 ...

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Starving Somalis shot dead as riots break out over food supplies

Somali government soldiers shot dead seven civilians as a riot broke out at a refugee camp in the capital Mogadishu. A mother and her childen wait for assistance at a makeshift medical camp in the Hawlwadag district of Mogadishu, Somalia Photo: EPA By Mike Pflanz, Nairobi 5:47PM BST 05 Aug 2011 Witnesses claimed the chaos erupted when the soldiers tried to ...

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Europe adds to global shares rout

All those red numbers on stock market boards may appear to be a strange and mysterious mix of data to many people. But the story they are telling at present will be affecting anyone with a pension, those considering retirement, savers with Individual Savings Accounts (Isas), and even money set aside by families for the cost of…

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A Secret War in 120 Countries: The Pentagon’s New Power Elite

Somewhere on this planet an American commando is carrying out a mission. Now, say that 70 times and you’re done… for the day. Without the knowledge of the American public, a secret force within the US military is undertaking operations in a majority of the world’s countries. This new Pentagon power elite is waging a global war whose size and ...

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