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Boehner deals blow to ‘dangerous’ China bill

Republican US House Speaker John Boehner on Tuesday warned against passing “dangerous” legislation to punish China for its alleged currency manipulation, dealing a damaging blow to the bill’s prospects. “It’s pretty dangerous to be moving legislation through the United States Congress forcing someone to deal with the value of their currency,” Boehner…

Japan to continue Antarctic whaling: farm minister

Japan will go ahead with its annual whale hunt in Antarctica while boosting security to guard against possible harassment by environmental protesters, the agriculture and fisheries minister said Tuesday. “Japan will conduct the research whaling while strengthening measures against acts of sabotage, including dispatching Fisheries Agency escort ships,” said Agriculture,…

Swiss warn massive ice chunk may break off glacier

A massive part of a glacier the size of 12 football fields in the Swiss Alps could break off, local authorities warned, after the discovery of an enormous crevasse in the glacier. Swiss authorities have formed a crisis team to monitor the situation and blocked all hiking trails close to…

Thailand’s ‘worst’ floods leave 224 dead

Thailand’s worst monsoon floods in decades have killed 224 people and affected three quarters of the country, including part of the ancient city of Ayutthaya, officials said Tuesday. Authorities were meanwhile battling to stop the floods reaching the centre of low-lying Bangkok, as forecasters warned of more wild weather to…

China says ‘firmly opposes’ U.S. Senate currency bill

China said Tuesday it “firmly opposed” a US Senate bill aimed at punishing Beijing for its alleged currency manipulation, which is expected to make its final passage later this week. The bill — which comes 13 months ahead of US elections in which high unemployment is likely to be an issue — sets…

Pentagon chief in bid to defuse Egypt-Israel tensions

US Defence Secretary Leon Panetta was headed to Cairo from Tel Aviv on Tuesday in an effort to defuse tensions between Egypt andIsrael that have mounted since the end of Hosni Mubarak’s rule. Before flying out after a one-day visit to Israel, Panetta said he will seek to encourage both sides to ease friction…

Russia’s Putin promotes ‘Eurasian Union’ in rare article

Russian Prime Minister Vladimir Putin called for the unification ofpost-Soviet states into a “Eurasian Union” in an article published Tuesday on the announcement of his planned return to the Kremlin. Putin’s article in the Izvestia daily outlining a grand project to integrate post-Soviet states into closer cooperation comes five months before polls…

Nuclear experts to help Fukushima decontamination

The UN atomic agency IAEA said Tuesday it was sending 12international experts to Japan on October 7-15 to assist the country with clean-up efforts after the nuclear accident of Fukushima in March. The experts “will go to several locations in the Fukushima Prefecture and conduct meetings in Tokyo with Japanese officials to provide assistance to Japan in its plans…

Europe urges Greece to do more, delays bailout cash

Europe delayed the release of bailout funds to Greece on Tuesday, demanding Athens make more sacrifices and warning banks may have to share more of the pain in the crisis threatening theeurozone. Stock markets tumbled after European finance ministers said Greece could wait until early November to receive 8.0 billion euros, the next…

Deutsche Bank abandons 2011 profit targets

Deutsche Bank, Germany’s largest bank, said Tuesday it will miss itsprofit target for the current year in face of the financial market turbulence. The announcement sent Deutsche Bank shares into a tailspin on theFrankfurt stock exchange, where they were among the biggest losers, shedding 1.56 euros or 6.1 percent to 24.18…

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