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/ 26 December 2007

The year of social networking

Online social-networking websites saw their ranks swell and values soar in 2007 as everyone from moody teenagers and mellow music lovers to mate-seeking seniors joined online communities. Seven out of the 10 hottest topics that triggered Google internet queries during the year involved social networking.

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/ 26 December 2007

Asia marks tsunami, three years on

Survivors prayed at mass graves and mosques on Wednesday to mark the third anniversary of the Asian tsunami, while warning sirens sent hundreds fleeing beaches during a drill to test an alert network established since the disaster. The waves on December 26 2004 killed about 230 000 people in 12 Indian Ocean nations.

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/ 26 December 2007

Middle East peace off to a rocky start in 2008

Israel and the Palestinians head into 2008 pledging to seal an ever-elusive peace deal by the end of the year, but with their revived negotiations off to a rocky start. The talks held since the two sides relaunched the Middle East peace process after a nearly seven-year hiatus have been overshadowed by expansion of Israeli settlements.

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/ 26 December 2007

Turning lead into gold

It was the kind of breakthrough scientists had dreamed of for decades and its promise to help cure disease appears to be fast on the way to being realised. Researchers in November announced they were able to turn the clock back on skin cells and transform them into stem cells, the mutable building blocks of organs and tissues.

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/ 26 December 2007

Kite may herald winds of change for shipping

A giant kite designed to help slash the spiralling cost of fuel consumption could herald the winds of change for commercial cargo shipping. The first freighter to be fitted with the hi-tech sail was launched in the north German port of Hamburg in December by Eva Luise Koehler, wife of German President Horst Koehler.

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/ 26 December 2007

Malaysia’s stalling reform threatens investment

Malaysia’s drive to woo investment is losing traction, as efforts to get rid of red tape and inept bureaucrats falter, threatening to put it further behind neighbouring Singapore. A year after the authorities vowed to speed up the business approval process, businessmen are still battling unwieldy procedures and inert government staff.