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World Bank president vows to ‘eradicate’ poverty within a generation

The IMF and World Bank on Saturday backed a bold Bank goal to eradicate extreme poverty within a generation and raise the shared prosperity of their 188 member countries. The Development Committee, representing the International Monetary Fund and the World Bank on development issues, said it had endorsed the “ambitious”…

Venezuelan election official: Maduro’s victory will stand despite audit

An audit of election returns cannot overturn Venezuelan President Nicolas Maduros’s win, a top election official said Saturday, warning the opposition against creating “false expectations.” “The results were given. They were given on April 14. They are public. You can verify them on the official website of the National Electoral…

African ministers say the region is ready to ‘contribute to the global growth’

Africa’s economic outlook is brighter than ever and the continent is positioned to help boost global growth for the first time in history, African officials said Saturday. Speaking on the sidelines of the spring meetings of the International Monetary Fund and World Bank in Washington, officials from Cameroon and Nigeria…

Paraguayan senator mistakenly catches corruption in his own party

A video in which an opposition legislator and government officials discuss purchasing votes created a stir on the eve of elections in Paraguay, which has a long history of rampant corruption. The video clip, broadcast on the ABC website, shows a conservative Colorado Party senator striking an agreement with two…

Red Sox make emotional return to Boston’s Fenway Park

The Boston Red Sox made an emotional return to Fenway Park here Saturday, tapping into a mood of defiance in their first home match since the marathon bombings. The Red Sox stars took to the field in front of a capacity crowd at the 37,000-seater baseball stadium wearing specially designed…

Rule Britannia: Churchill, Thatcher top list of ‘most admired’ by CEOs

Britain’s wartime prime minister Winston Churchill on Saturday topped a poll of leaders most admired by chief executives, edging out Apple founder Steve Jobs and anti-apartheid icon Nelson Mandela. The survey of some 1,300 business leaders, carried out by financial services giant PricewaterhouseCoopers (PwC), saw “Iron Lady” Margaret Thatcher as…

French developers equip drone with ‘spaceship’ crowdsourcing app

European Space Agency scientists have developed a smartphone app that turns a toy drone into a virtual spacecraft on a mission to dock with the International Space Station, and uses crowd-sourced data from its manoeuvres to improve artificial intelligence on future missions. The free AstroDrone app for the iPhone and…

Therapy dogs bring comfort to Boston victims

The very same therapy dogs that comforted grieving friends and family following December’s Newtown school shootings arrived in Boston earlier this week. With hundreds injured and many undergoing amputations following the marathon bombings, the K-9 Comfort Dogs help provide affection and emotional release. The organisation works with 67 specially trained…

Kerry to push U.S. peace efforts at Abbas meeting

U.S. Secretary of State John Kerry will meet Palestinian president Mahmud Abbas in Istanbul on Sunday, the State Department said, as a US-led peace push focusing on the Palestinian economy steps up. Kerry and Abbas, who have met several times recently, will “continue the conversation that they’ve been having for…

Iran dismisses concerns of nuclear-armed states

Iran on Saturday dismissed concerns raised by five nuclear-armed states over Tehran’s controversial atomic programme, saying the Islamic republic is committed to the Non-Proliferation Treaty. “Iran is a committed member of the International Atomic Energy Agency (and) will continue its cooperation” with the UN atomic watchdog, Iran’s foreign ministry spokesman…

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