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Confusion as Ukraine and Russia announce peace progress

Ukraine and Russia have announced common ground and what appears to be a truce in their ongoing conflict. Kyiv has spoken of a "ceasefire regime" while Moscow has denied any ceasefire but steps towards "peace." Ukraine's president Petro Poroshenko on Wednesday announced a ceasefire had been reached with Russia. But following an immediate denial by the Kremlin, Poroshenko watered down his comments. "The part ...

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Iran convicts Ahmadinejad’s vice president

Mohammad Reza Rahimi, Iran's first vice president under former president Mahmoud Ahmadinejad, has been sentenced to prison and fined. "I cannot reveal the details because the sentence is not final, but it includes a term of imprisonment and a fine," Gholamhossein Mohseni-Ejeie, the second-ranking member of Iran's judiciary, told the AFP news agency on Monday. Iranian media previously reported that Rahimi, 6 ...

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Russia urges ‘immediate ceasefire’ in Ukraine

Russia's Foreign Minister Sergei Lavrov has said the talks on Ukraine crisis taking place in the Belarusian capital, Minsk, should seek an immediate ceasefire in the conflict. The statement came on Monday ahead of the Ukraine "contact group" talks that includes representatives from Russia, Ukraine, the Vienna-based OSCE security and rights organisation and separatist rebels in eastern Ukraine. Lavrov said t ...

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Malaysians show strong patriotism for 57th National Day celebrations

KUALA LUMPUR: Malaysians from all walks of life recovered from the twin tragedies of Malaysia Airlines (MAS) flight MH17 and MH370 when they demonstrated strong patriotic spirit to celebrate the 57th anniversary of the country's independence at the Merdeka Square. Together they united with more than 14,000 people joining the parade in a show of love for the country at the square where the Union Jack was tak ...

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China insists on right to choose candidates for Hong Kong leader

HONG KONG: China insisted on Sunday (Aug 31) that candidates for Hong Kong's next leader must be screened in advance, triggering tears and fury in the city, where democracy activists vowed to press ahead with a planned takeover of the financial district. The standing committee of the National People's Congress (NPC), China's parliament, decided that the city's next chief executive will be elected by popular ...

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Iran President Rouhani hits out at US sanctions

Iranian President Hassan Rouhani has criticised the US for new sanctions, saying they are "not compatible" with the spirit of current negotiations. Speaking on Iranian TV, he said Iran was still committed to continuing nuclear talks with the US and five other international powers. New sanctions on 25 firms and individuals were announced in Washington on Friday. World powers suspect Iran seeks atomic weapons ...

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India’s prime minister embarks on Japan visit

India's new Prime Minister Narendra Modi has arrived in Japan on a five-day official visit, with defense, nuclear and infrastructure cooperation being high on bilateral agenda. Modi arrived at Kansai International Airport near Osaka, western Japan, on Saturday by special plane for a night in the nearby ancient city of Kyoto where he was to have an unofficial dinner with Japanese Prime Minister Shinzo Abe, a ...

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Ukraine’s president dissolves parliament

Ukraine's president has dissolved parliament and called for early elections in October, as his country continues to battle a pro-Russian uprising in its eastern regions. Petro Poroshenko announced on Monday in a statement posted on his website that he had dissolved parliament and called for snap elections on October 26. "Many deputies who are in the Rada [parliament] are direct sponsors or accomplices, that ...

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India for Three-Way Talks to Boost Connectivity With Thailand, Myanmar

India today said it has proposed three-way talks with Myanmar and Thailand on negotiations over a Transit Transport Agreement for the Trilateral Highway to boost connectivity and trade with the strategic region. Addressing representatives of Think Tanks from ASEAN countries and the ASEAN-India Centre, Anil Wadhwa, secretary (East) in the Ministry of External Affairs, said the relationship with the ASEAN cou ...

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Pakistani court orders filing of murder case against Sharifs

A Pakistani court on Tuesday ordered the registration of a murder case against Prime Minister Nawaz Sharif, his brother and Punjab Chief Minister Shahbaz Sharif and 19 others for their alleged role in the killing of 14 supporters of fiery anti-government cleric Tahirul Qadri here. The Lahore High Court dismissed petitions of three federal ministers of theNawaz Sharif government against a sessions court's or ...

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Hundreds Of Ukraine Troops Cross Into Russia

More than 400 Ukrainian soldiers have crossed the border into Russia and deserted the Kiev government, according to an Interfax news agency report quoting a border security official. Ukraine confirmed the crossing, which happened on Monday, but said the soldiers were forced into Russian territory by rebel fire. Vasily Malayev, head of the Federal Security Service's border patrol in the Rostov region, told I ...

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Lebanon Army Hits Syrian Fighters In Arsal

Lebanese troops have shelled positions held by Sunni Syrian fighters in the mountains around the Lebanese town of Arsal on the Syrian border, in a third day of heavy fighting. Monday's shelling came as Reuters reported the Lebanese army was advancing on Arsal, which was attacked by Syrian armed groups over the weekend. The troops reportedly found 50 bodies of Syrian fighters, Reuters cited security sources ...

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Gaza Shelled During Israel’s Limited Truce

A Gaza City house has been shelled and other areas in Gaza have been fired upon since an Israeli-declared seven-hour humanitarian truce has come into effect. The Gaza Health Ministry said a child was killed and 30 people, mostly women and children, were wounded in the strike on Monday on a house in Shati refugee camp. An Israeli military spokeswoman told news agency Reuters she was checking the report. Isra ...

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China Needs this one more thing to Become a Truly Developed Country

China continues to be front and center on my list of concerns, even moreso than the latest Federal Reserve press release or fluctuation in the Dow (although you should pay attention). I believe China is the single biggest risk to world economic equilibrium, even larger than Japan or Europe. This week my young associate Worth Wray provides us with a keenly insightful essay on what is currently happening in C ...

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Wall Street Hounded by Multiple Concerns

There seems to be no respite for Wall Street on Friday, as the futures point to a notably lower opening. Notwithstanding positive Chinese manufacturing data, Asian stocks succumbed to a sell-off on Wall Street overnight. The not-so-inspiring domestic earnings and lukewarm economic data amid the macroeconomic gloom, accentuated by the crisis in Ukraine and its ramifications for the global economy, are not he ...

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The U.S. has Outspent the Marshall Plan to Rebuild Afghanistan

WASHINGTON – In June of 1947, Secretary of State George Marshall delivered a wholly unexpected commencement speech to the newly minted graduates of Harvard University. The United States, Marshall announced, would launch a massive reconstruction effort to rebuild Europe in the devastating aftermath of World War II. The subsequent effort, the Marshall Plan, put Europe back on the path to prosperity and has be ...

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UNHCR Urges Sri Lanka To Stop Deporting Asylum Seekers To Pakistan

Aug 03, Colombo: The United Nations refugee agency, UNHCR expressed deep concern yesterday about the recent deportation of Pakistani asylum seekers from Sri Lanka. The Sri Lankan Department of Immigration and Emigration has confirmed that 18 asylum seekers of Pakistani origin who were registered with UNHCR were deported in the last two days, the UNHCR said in a statement. There are fears that 10 more people ...

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Factory Blast In Eastern China Kills 69

China suffered its worst industrial accident in a year on Saturday when an explosion killed at least 69 people and injured more than 120 at a factory that makes wheels for US carmakers, including General Motors. The blast in the wealthy eastern province of Jiangsu occurred around 7:30 a.m. in Kunshan city, about an hour's drive from Shanghai, after an explosion ripped through a workshop that polishes wheel ...

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Mistry Plans $35b Push To Lead Tata Into New Businesses

Cyrus Mistry, chairman of Tata Sons, plans to spend $35 billion over the next three years to develop existing businesses and build new ones as he expands the $100 billion coffee-to-cars conglomerate. At an internal meeting on Tuesday, Mistry told his executives that the country's biggest business group will focus on building its retail, infrastructure, finance, defence and aerospace businesses, Tata Sons sa ...

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UN Hails Kabul Commitment To End Using Child Soldiers

The United Nations has welcomed Afghanistan’s commitment to end and prevent children from being recruited into its national security forces. The Afghan government recently reconfirmed its commitment with the endorsement of a Road Map Towards Compliance, detailing 15 measures to fully implement an Action Plan signed with the United Nations in 2011. The road map was supported by the UN Assistance Mission in A ...

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