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Bernanke fears recession could extend to 2010

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WASHINGTON (Reuters) – Federal Reserve Chairman Ben Bernanke warned on Tuesday the “severe” U.S. recession may drag into 2010 unless the government succeeds in stabilizing the banking system and financial markets with strong action. Read more

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US recession ‘may last into 2010′

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US Federal Reserve chief Ben Bernanke has warned Congress that without the right policies from the government, the US recession could last into 2010. Read more

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Weak financials drag down FTSE 100 (AFP)

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LONDON (AFP) – The leading share index slipped into the red on Tuesday amid fears for the world economy. Read more

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NKorea says satellite, but neighbors fear missile (AP)

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AP – South Korea protesters shout a slogan during a rally against the United States and South Korean government’s … Slideshow:North Korea Play Video Video:NKorea missile watch Reuters Play Video Video:Clinton warns North Korea against missile launch AP SEOUL, South Korea – North Korea said Tuesday it is preparing to shoot a satellite into orbit, its clearest reference [...]

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Putin under fire over cuts in armed forces

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VLADIMIR Putin is facing an unprecedented military challenge to his authority as discontent grows over poor conditions and planned personnel cuts in the Russian armed forces. Read more

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Is North Korea Preparing a Missile Test?

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SEOUL, South Korea (Feb. 24) – North Korea said Tuesday it is preparing to shoot a satellite into orbit, its clearest reference yet to an impending launch that neighbors and the U.S. suspect will be a provocative test of a long-range missile. Skip over this content The statement from the North’s space technology agency comes [...]

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One in nine people living in Britain now born overseas as 300,000 more foreigners settle in the UK

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The number of people born overseas settling in the UK grew by 290,000 in the year to June 2008 meaning one in nine people now resident in Britain was born abroad. Read more

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FBI rescues 45 teen prostitutes

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WASHINGTON – The FBI has rescued more than 45 suspected teenage prostitutes, some as young as 13, in a nationwide sweep to remove kids from the illegal sex trade and punish their pimps. Read more

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Israeli Elections 2009

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On Feb. 10, 2009, Israelis went to the polls for general Knesset elections. But while Kadima leader Tzipi Livni edged out Likud leader Benjamin Netanyahu, the right-of-center parties earned more total votes than the left-of-center parties. Who will be able to form a ruling coalition? Read more

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Obama Vows To Halve Federal Budget Deficit

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what’s he going to do, rob Peter to pay Paul. The US Democrats are not the same as European Socialist governments, but Obama is quickly turning into one. While there recently all the political commentators were refering to his stimulus package as “European Socialist spending”, put simply, he is quickly turning [...]

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Woman dresses from head to toe in hair

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A Romanian woman who has been growing her hair since she was 16 has weaved an entire wardrobe from her own lengthy locks. 71-year-old Ioana Cioanca allowed her hair to reach 40 inches in length before she chopped it off and used it on the loom. Cioanca, of Bistrita Nasaud, said: “Long years I had [...]

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North Korea: Upcoming missile test, rejects UN envoy

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North Korea has rejected a proposed trip by a United Nations envoy next month amid rising tensions over a possible missile test by Pyongyang, a news report said Sunday. Read more

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BIBI PICKED TO FORM GOV’T

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By ANDY SOLTIS Last updated: 3:59 amFebruary 21, 2009 Posted: 2:42 amFebruary 21, 2009 Israeli hard-liner Benjamin Netanyahu yesterday was tapped to form a new government – a development experts said was likely to complicate President Obama’s peacemaking efforts in the region. [...]

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Polls: Never been a better time to legalize pot

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Go ahead and bust out your stoner jokes about Tom Ammiano for introducing a bill that would legalize marijuana for recreational purposes in California. But pollster supreme Nate Silver — yeah, the stats supergeek who made all the right calls in the 2008 election — says the public has never been more dope-friendly than now. [...]

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Slumdog wins Best Picture; eight Oscars total

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It did it. After an incredible night, Slumdog Millionaire takes its eighth Oscar of the night, and the biggest on offer from the Academy Awards: Best Picture. By my count, there were ten Oscar wins for Britain last night, if you include all the Slumdog gongs. Not a bad haul, really. Now I’m off [...]

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Obama’s Foreign Policy Gambles With Russia

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An American hand reaching out to an unclenching authoritarian fist: This is the dominant foreign policy metaphor of President Obama’s first month in office. It is a simile of hope, as the president intends — but also one of vulnerability, as Obama may discover sooner than he expects. Read more

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Heads of 8 European Countries Pledge Global Finance Changes

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BERLIN, Feb. 22 — European leaders on Sunday pledged to establish global oversight of hedge funds, crack down on tax havens and beef up other rules as part of a reformation of the international monetary system. Read more

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A ‘Ticking Time Bomb’ Goes Off

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KUWAIT CITY — After arriving here from Guantanamo Bay in November 2005, Abdallah Saleh al-Ajmi was transported by Kuwaiti security agents to a military hospital, where he was allowed to meet with his family. He was soon moved to the city’s central jail and placed in a high-security wing. Read more

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