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Osborne: UK has run out of money

The Government ‘has run out of money’ and cannot afford debt-fuelled tax cuts or extra spending, George Osborne has admitted. Mr Osborne is under severe pressure to boost growth, amid signs the economy is slipping back into a recession. Photo: PA By Rowena Mason, Political Correspondent 10:02PM GMT 26 Feb 2012 In a stark warning ahead of next month’s Budget, ...

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The burning question

Afghanistan is in the eye of another murky storm. A suspected senior Afghan security personnel, who is now on the run, has shot dead two senior US military officers in the interior ministry. As a result, all Nato-US personnel working within Afghan ministries have been recalled. The suspected motive for the killings may be revenge for the burning of copies ...

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Obama hails ‘new beginning’ for Yemen

US President Barack Obama has hailed the swearing in of a new president in Yemen as a “new beginning” for the country. Mr Obama said the US would be “a steadfast partner to Yemen” in its transition to democracy. He also offered US condolences for the deaths of 26 people in a car bombing in Yemen’s southern Hadramawt province….

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2 US troops shot in Kabul; NATO pulls workers

A gunman killed two American military advisers with shots to the back of the head Saturday inside a heavily guarded ministry building, and NATO ordered military workers out of Afghan ministries as protests raged for a fifth day over the burning of copies of the Quran at a U.S. Army base. The Taliban claimed responsibility for the Interior Ministry attack, ...

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NKorea’s Kim issues threat before SKorea-US drills

SEOUL, South Korea (AP) — North Korea says its new leader, Kim Jong Un, has ordered troops to launch a powerful retaliatory strike against South Korea if provoked. The official Korean Central News Agency reported Sunday that Kim issued the order during a visit to front-line military units, including one that shelled South Korea’s Yeonpyeong Island in 2010, killing four ...

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Mandela doing well in hospital

AAP Nelson Mandela is doing well in hospital after being admitted in a pre-planned visit for abdominal pains, a South African presidential spokesman says. “This was not an emergency admission. It was pre-planned. He was suffering from abdominal pain, and it was a long-standing complaint,” said Mac Maharaj, the spokesman for President Jacob Zuma, on Saturday. He added that Mandela ...

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Killing of 2 Americans Came as U.S. Reviewed Afghan Security

Correction Appended WASHINGTON — The killing of two American service members on Thursday by a man in an Afghan Army uniform comes at a time when the United States military is already reviewing procedures used to vet members of the Afghan security forces. Before the latest attack, 70 coalition members had been killed and 110 wounded since 2007 in 45 ...

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Syria: Barack Obama says the world ‘cannot be bystanders’ as slaughter continues

President Barack Obama declared Friday that the US and its allies would consider “every tool available” to stop the slaughter of innocent people in Syria, using his most forceful words to date in response to an increasingly grim crisis that has gripped the world. Barack Obama and Hillary Clinton adopted their harshest rhetoric yet as they deplored the violence in ...

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Gingrich pins campaign on a cluster of contests

BRIAN BAKST Associated Press= FEDERAL WAY, Wash. (AP) — Largely on the sidelines of the GOP race, Newt Gingrich is pinning his fleeting Republican presidential hopes on Georgia, where his political career began, and a cluster of states that vote the same day. He’s likely to sustain two more losses before Super Tuesday — in Michigan and Arizona, two states ...

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Eurozone, Greece – austerity fatigue

Europe determined to cut deep into public spending to pay debts EUROPE is obsessed with austerity determined to cut deep into public spending to pare the debt. So is the Tea-party and Republicans in the United States. As if to prove the point, 25 of the 27 European Union (EU) members have agreed to a new “fiscal compact,” which obliges ...

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