Mongolia’s ruling party wins elections as rioting subsides

Thursday, July 3, 2008 Mongolia’s ruling People’s Revolutionary Party (MPRP) has been declared winners of the country’s legislative elections, two days after allegations of vote-rigging leveled against the ruling party sparked violent protests in the capital of Ulaanbaatar. Preliminary results show the MPRP with 47 seats out of 76 in the State Great Khural, General […]

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IMF prepares to help Hungary and Ukraine

Friday, October 17, 2008 The International Monetary Fund (IMF) is preparing a series of loans to both Hungary and Ukraine as financial problems are hitting the two countries. Hungary has already received a €5 billion credit line from the European Central Bank (ECB). Ukraine is seeking a loan of up to US$14 billion. The credit […]

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Russia asks Iceland for details of bank rescue plan before giving loan

Saturday, October 18, 2008 Russia has requested Iceland give them more details of the island nation’s plan to rescue the banking sector and thus the entire national economy before granting them a loan. Two weeks ago, Iceland’s banking sector collapsed and was largely nationalised. Icelandic banks are in significantly more debt than the country can […]

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UEFA Cup: April 3rd, 2008

Thursday, April 3, 2008 First legs of the UEFA Cup quarter finals were played out on Thursday. Germany is the only country with two clubs remaining in the competition with Bayer Leverkusen and Bayern Munich both playing at home to Zenit St. Petersburg and Getafe respectively. Dutch Eredivisie leaders PSV Eindhoven traveled to Italy to […]

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Hundreds dead in Hajj stampede

Thursday, January 12, 2006 According to the Saudi Interior Ministry over 345 Muslim pilgrims have been killed in a stampede during the annual Hajj pilgrimage near Mecca, Saudi Arabia. The stampede at Islam’s most holy site happened at Jamarat Bridge, during an event where pebbles are thrown at a pillar to represent the stoning of […]

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Seven bushfires near Perth, Western Australia

Sunday, February 4, 2007 Fourteen houses have been destroyed and another 3 damaged by a bush fire burning in Jarrah forests and farmland near the historical timber town of Dwellingup 70km south east of Perth, Western Australia. The fire has also destroyed approximately 100 power poles, leading to a loss of telecommunication services to the […]

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Curfew in Haryana as protesters demand reservation for Jat quota

Sunday, February 21, 2016 A growing number of cities in the Indian state Haryana have been under curfew since Friday. At least eight people are reported dead, with government offices, property, dozens of buses, and eight railway stations burned after protests over job quotas for the Jat caste turned violent in several cities including Rohtak, […]

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Calls for corporate tax reform in Australia goes unheeded

Friday, May 12, 2006 Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?” Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by […]

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