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/ 17 December 2007

ANC hopes to start voting on Monday

The African National Congress’s Polokwane conference may deal with nominations for the party’s presidency late on Monday, according to a senior party official. The nomination process is expected to result in a head-to-head clash for the top post between party president Thabo Mbeki and his deputy, Jacob Zuma.

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/ 17 December 2007

Kenyan presidential race heats up

Kenya’s presidential race entered its final stretch on Monday, with the economy, corruption and tribalism looming large in ageing incumbent Mwai Kibaki’s bid to secure a second term. The last batch of opinion polls before the December 27 vote gave flamboyant opposition candidate Raila Odinga a slight edge on Kibaki.

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/ 17 December 2007

Stocks slide as US rate-cut hopes fade

World stock markets slumped on Monday on worries that resurgent United States inflation would reduce the chances of further US interest rate cuts to shield the economy from a credit crunch, dealers said. European and Asian shares sank into the red with losses of up to 3,5% as investors took their cue from Wall Street’s sell-off on Friday.

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/ 17 December 2007

Mixed response to microchip ball

A revolutionary football embedded with a microchip drew a mixed response after being tested at the Club World Cup. Players and coaches were divided over the quality of the ball, designed to put an end to goal-scoring disputes by alerting the referee when it has crossed the line.

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/ 17 December 2007

Zim strikes oil deal with E Guinea

Zimbabwe has struck a deal to import crude oil from Equatorial Guinea and is planning to reopen a refinery to process fuel and ease acute shortages, state media reported on Monday. Crunch shortages of fuel, foreign currency and food are a sign of the Southern African nation’s deep economic crisis.

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/ 17 December 2007

Outrage at fishy iPond sound system

Animal activists and pet shop owners on Monday called for a ban on a tiny fish tank designed to be hooked up to a music player such as an iPod and used as a speaker. The iPond, reportedly sold in some Australia pet stores complete with a Siamese fighting fish, is a miniature fish tank which holds about 650ml of water.

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/ 17 December 2007

Iran won’t stop making atomic fuel, says official

Iran will not halt uranium enrichment even with delivery of fuel from Russia for its first nuclear power plant, a senior Iranian official said on Monday, adding he could not yet confirm Iran had received the fuel. The Russian state agency building the station said in a statement on Monday it had delivered the first fuel shipment for the Bushehr plant.