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Greek euro exit looms as G8 gathers

World leaders will huddle at Camp David Friday with the focus on Greece as it stumbles toward a possible eurozone exit that would hold wildly uncertain repercussions for the global economy. Leaders from the Group of Eight industrialised nations will gather at the history-imbued US presidential retreat near Washington for…

Baghdad pet market bombs kill five: officials

Three near-simultaneous bomb blasts at a pet market in east Baghdad killed five people on Friday, officials said, just hours after an attack in the city’s southeast left five dead. The explosions, which occurred at around 7:00 am (0400 GMT) in the Maamal area, also wounded at least 31 other…

Egyptian Brotherhood flexes muscle in election stunt

CAIRO — Egypt’s Muslim Brotherhood organised on Thursday a kilometres-long rally to support its candidate in next week’s presidential election, displaying the potent network of activists it counts on to win. Islamist activists stood side by side for kilometres through Cairo and north of the capital holding posters of Mohammed…

No credible threat to NATO summit: FBI

CHICAGO — There is no credible terror threat to the NATO summit set to get underway Sunday in Chicago but security forces will nonetheless be on high alert, a spokesman for the FBI said Thursday. “Obviously Chicago in the post-9/11 world has been considered a prime terrorist attack (target),” FBI…

U.S. stresses future France role in Afghanistan

WASHINGTON — The United States stressed Thursday that France would still contribute to the NATO operation in Afghanistan, despite new President Francois Hollande’s promise to withdraw combat troops this year. A day before Obama welcomes Hollande to the Oval Office for their first meeting, the White House stressed that the…

Americans Elect abandons bid to end two-party stranglehold

Americans Elect, a well-financed group that aimed to help a viable third party candidate enter this November’s presidential race, has announced it is ending its web-based push to break America’s two-party system. The organisation, which was founded with millions of dollars from its initial wealthy backers, had little trouble in…

Trayvon Martin post mortem reveals traces of marijuana in 17-year-old’s system

Trayvon Martin had traces of marijuana in his system on the night he was shot dead by a neighbourhood watch leader later charged with the teenager’s murder, a post mortem report has revealed. According to the document released ton Thursday by prosecutors in Florida, traces of the drug THC, the…

Remember Stuxnet? Why the U.S. is still vulnerable

Last week, the Department of Homeland Security revealed a rash of cyber attacks on natural gas pipeline companies. Just as with previous cyber attacks on infrastructure, there was no known physical damage. But security experts worry it may only be a matter of time. Efforts to protect pipelines and other…

Senate approves new Federal Reserve governors

WASHINGTON — The US Senate Thursday confirmed two Obama administration nominees to the board of the Federal Reserve after Republicans kept them on hold since December. The confirmations of economist Jeremy Stein and investment banker Jerome Powell will bring the Fed’s board up to full strength of seven governors for…

U.S. slaps big duties on Chinese solar cells

WASHINGTON — The United States slapped hefty anti-dumping duties on Chinese solar cell makers Thursday in a move likely to heighten trade tensions between the two global economic powers. The Commerce Department said it had found that Chinese solar cell producers and exporters had been selling solar cells into the…

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