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Report: Chinese economy will overtake U.S. within four years

By Josephine Moulds China’s economy will be biggest in world by end of 2016, says leading international thinktank China will overtake the US in the next four years to become the largest economy in the world, says a leading international thinktank. The Paris-based Organisation for Economic Co-operation and Development (OECD) said China’s…

9-year-old Pakistani girl handed over as ‘compensation’ in rape dispute

Police in Pakistan have arrested five men after a village council ordered a father to hand over his nine-year-old daughter as compensation in a rape case, officers said Friday. A group of elders in the remote rural area of Bahalak in Punjab province made the ruling to settle a year-long…

Bank of France warns of recession

The French economy suffered two setbacks on Friday when the central bank warned of a slight recession and official data said that industrial output fell sharply in September. France is heading for a slight recession at the end of the year, the Bank of France forecast. In another gloomy announcement,…

Japan car sales in China plunge 59.4% in October

Sales of Japanese passenger vehicles in China slumped 59.4 percent on-year in October, a Chinese industry group said Friday, as a territorial row between the countries pummelled demand. Japanese-brand car sales in China — the world’s largest auto market — fell to 98,900 units last month, the China Association of…

Assad says only ‘ballot box’ can decide his future

Syrian President Bashar al-Assad said his future could only be decided through the ballot box, in an interview with Russian television where he warned the country could face a protracted war. Assad told state-run Russia Today (RT) that whether the president can “stay or leave” is a “popular issue” and…

Hurricane Sandy delays launch party for ‘Titanic II’

The flamboyant Australian mining magnate behind the building of the Titanic II said on Friday a New York gala to unveil plans for the vessel would be delayed out of respect for the victims of super storm Sandy. Clive Palmer said the launch planned to take place on the retired…

Picasso sells for $41.5 million in New York

An erotically charged Picasso oil painting of his mistress alongside tulips and fruit sold Thursday for $41.5 million dollars in New York. “Nature morte aux tulipes,” painted in 1932, was the star of Sotheby’s Impressionist and modern art sale in Manhattan. The pre-sale estimate for the work had been between…

Iranian jets fired on U.S. drone in Gulf: Pentagon

WASHINGTON — Two Iranian fighter jets fired on an unarmed US Predator drone in the Gulf last week but the aircraft was not hit, the Pentagon said Thursday, warning that the United States stood ready to protect its forces in the region. The incident occurred on November 1 — less…

Century of International Herald Tribune photojournalism goes up for auction

From snaps of Cary Grant or John Lennon, to Leonid Brezhnev whispering in Richard Nixon’s ear, the International Herald Tribune newspaper puts a century of photo archives up for auction in Paris this month. Around 2,500 shots by the paper, grouped into 300 lots, will go under the hammer on…

Interpol elects French woman as first female president

ROME — Interpol on Thursday elected a French police commissioner known for her drive against organised crime in Bordeaux and Corsica as its first female president at its general assembly in Rome. “Mireille Ballestrazzi of France becomes first woman to be elected president of Interpol,” the world’s top association of…

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