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/ 20 October 2003

Pentagon was warned of Iraq chaos after war

The Pentagon was accused yesterday of ignoring a report that predicted Iraq would descend into chaos after the toppling of Saddam Hussein. Details of the document, compiled by the US state department, emerged in the New York Times and raised difficult questions for the Bush administration about its handling of post-war Iraq.

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/ 20 October 2003

Zuma hits the road

Deputy President Jacob Zuma opened a World Road Congress in Durban on Sunday with a reminder to delegates of the some 100 member countries in attendance that transport infrastructures were critical to the continent’s development.

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/ 20 October 2003

Basel II introduces new tech challenges for SA banks

The introduction of strict new laws for better capital management and reduced exposure to risk as embodied in the Basel II Capital Accord presents financial institutions with something of a double-edged sword. While compliance will reduce operational hazards, it may also result in over-stressed systems and excessive pressure on financial technology systems.

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/ 20 October 2003

Virtue is its own drawback

It was America’s ”virtuous majority” (as they conceive themselves) who made George Bush president. He keeps these core voters sweet by appointing aggressively virtuous subordinates — men whose sole claim to office, as Bill Maher puts it, is that they ”read the Bible and fuck their wives”.

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/ 20 October 2003

Zimbabwe fuel firm on empty

Zimbabwe’s state fuel company has run dry, paralysing virtually all government departments and stopping many trains, buses and cars across the country. The government responded to the latest twist in the long-running fuel crisis by blaming the British government.