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Women could save Japan’s economy: IMF’s Lagarde

Women could rescue Japan’s chronically underperforming economy if more of them went to work, the female director of the International Monetary Fund said Saturday. Christine Lagarde said Japan’s shrinking and greying workforce, which has left the country struggling to pay welfare bills, could really benefit from an injection of female…

From book to screen, filmmakers discuss challenges

Oscar-nominated director Stephen Daldry, most of whose films have been based on well-known books, believes novelists now more readily embrace the adaptation of their works onto the big screen. Daldry was among the movers and shakers from international film, publishing and multimedia industries to share their insight into storytelling at…

Shot Pakistani girl still on ventilator

AFP - A Pakistani schoolgirl shot in the head by the Taliban remained on a ventilator in hospital Saturday, as people continued to pray for her recovery, the military said. The shooting of 14-year-old Malala Yousafzai, who campaigned for the right to an education, has been denounced worldwide and by the…

Apple’s ‘iPad Mini’ to be unveiled Oct 23: report

Apple’s widely anticipated unveiling of its “iPad Mini” is expected to come on October 23, the Dow Jones technology website AllThingsD said Friday. Reports have been swirling for months about the smaller version of the market-leading iPad, but Apple has made no comment. The report, citing “people familiar with Apple’s…

Soyuz rocket launches two Galileo satellites

A Soyuz rocket launched two Galileo satellites into orbit on Friday, marking a crucial step for Europe’s planned navigation system, operator Arianespace announced. The launch took place at the Kourou space base in French Guiana, at 3:15 pm (1815 GMT). Three and three quarter hours later, the 700 kilogramme satellites…

Cuba’s Fidel Castro in ‘good health,’ son says

Former Cuban president Fidel Castro is in good health, according to one of his sons in remarks cited Friday by local media. Castro, 86, is “going about his daily activities. He exercises, reads and stays in shape,” son Alex Castro Soto del Valle said in Guantanamo, as he presented a…

MS-13 gang labeled ‘transnational criminal group’ by Treasury Dept. –a first for U.S. street gang

MS-13 gang labeled transnational criminal group, a first for US street gang For the first time, a street gang operating in the United States has been officially designated a transnational criminal organization, empowering officials to more aggressively target the group, Mara Salvatrucha MS-13, which engages in the drug, sex, and…

Experts say Lance Armstrong could still be prosecuted

It may require years of legal argument and enormous financial cost, but Lance Armstrong could yet be forced into court on charges that he lied when he denied ever using performance-enhancing drugs. The 41-year old former cyclist, whose seven Tour de France wins and cancer charity made him a global…

U.S. fiscal deficit takes a sharp drop in 2012

The US budget deficit fell sharply in just-ended fiscal 2012 to $1.1 trillion, but remained at an uncomfortably high ratio to the size of the economy, the Treasury reported Friday. The fiscal shortfall topped $1 trillion for the fourth straight year, but dropped from $1.3 trillion in 2011, as the…

Asia’s first gay sports tournament begins in Nepal

Hundreds of athletes Friday took part in Asia’s first-ever sports tournament for lesbians, gays, bisexuals and transgenders in the Nepalese capital Kathmandu, organisers said. The three-day event at the national football stadium and other venues around Kathmandu kicked off with a football match between local teams. The tournament features basketball,…

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