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/ 24 January 2008

Israel wants to wash its hands of Gaza

Israel wants to cut its links with the Hamas-controlled Gaza Strip after militants blasted open the territory’s border with Egypt in defiance of an Israeli blockade. Israel, which occupied the Gaza Strip in 1967, pulled troops and settlers out in 2005 but still controls its northern and eastern borders.

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/ 24 January 2008

Russia buys one of world’s most powerful computers

A Russian university has bought one of the world’s most powerful supercomputers, the first time that such sophisticated technology has been exported to the former Soviet Union, makers IBM said on Thursday. The Moscow State University has selected a Blue Gene device capable of 27,8-trillion operations per second to use in research on nanotechnology.

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/ 24 January 2008

Bargain hunting lifts JSE

Bargain hunting among global equity markets underpinned a solid performance on the JSE on Thursday, lifting it by 3,3% at noon. By the same time, resources had collected 4,74%, the platinum-mining index advanced 5,1% and the gold-mining index added 1,51%. Industrials perked up 2,25%, financials gained 2,2% and banks were 2,07% higher.

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/ 24 January 2008

Skielik shooting case postponed

The case against alleged Skielik shooter Johan Nel was postponed in the Swartruggens District Court on Thursday. Nel stands accused of the murder of four people and the attempted murder of six others in a shooting incident in the Skielik informal settlement last Monday. The case was postponed to February 12.

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/ 24 January 2008

Tendulkar ton lifts Indians

Indian superstar Sachin Tendulkar posted a fairy-tale century to lift his side towards a challenging total on the first day of the fourth and final Test against Australia on Thursday. In what seems certain to be his last Test on Australian soil, Tendulkar shook off a personal hoodoo at Adelaide Oval to score his 39th Test hundred.

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/ 24 January 2008

DRC peace agreement welcomed

The United States on Wednesday welcomed the peace agreement reached in the Democratic Republic of Congo’s (DRC) strife-torn Kivu provinces and urged all parties to ensure its prompt implementation. ”The US welcomes the signing of a peace,” White House spokesperson Dana Perino said in a statement.

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/ 24 January 2008

Lonmin cuts outlook after platinum output falls

Lonmin, the world’s third-biggest platinum producer, cut its sales outlook for the current year on Thursday after a 19 % fall in first-quarter refined platinum output. The London-listed firm said in a statement it expected 860 000 ounces of refined platinum sales during the year ending September 2008, compared with a previous forecast of 900 000 ounces.

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/ 24 January 2008

Gazans pour into Egypt for second day

Gazans poured into Egypt for a second consecutive day on Thursday to stock up on supplies after militants blew open the border barrier of the Hamas-run territory, witnesses said. Hundreds of people continued to cross the border, most of them intent on buying goods on the Egyptian side a week after Israel imposed a blockade on territory.