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/ 25 April 2007

RBS group unveils $98bn rival ABN Amro bid plan

A trio of banks led by the Royal Bank of Scotland (RBS) has proposed a €72-billion (-billion) bid for ABN Amro, threatening to thwart an agreed takeover of the Dutch bank by Britain’s Barclays. The RBS group, which also includes Spain’s Santander and Dutch-Belgian bank Fortis, said on Wednesday it planned to offer €39 a share for ABN Amro.

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/ 25 April 2007

Cricket: Time out for Sri Lanka’s civil war

Tamil Tiger rebels and Sri Lankan soldiers held a truce as their national side marched to the cricket World Cup final, but sentries were forced to miss the match to keep a keen lookout, officials said. ”There were specific instructions to maintain a high alert and ensure that men who were on duty remained in their posts and did not scoot off to watch the match,” a military source said.

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/ 25 April 2007

Rooney trumps Kaka to give United the edge

Wayne Rooney brilliantly trumped AC Milan’s Brazilian star Kaka to fire Manchester United to an exhilarating 3-2 victory in the first leg of their Champions League semifinal on Tuesday. Just as it seemed that Kaka’s first-half double would be enough to earn Milan a draw, Rooney raced on to a through ball from Ryan Giggs and hammered a low drive into the net.

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/ 25 April 2007

Wolfowitz strikes back

World Bank president Paul Wolfowitz is uncloaking new measures at the institution apparently designed to appease his critics and regain the initiative after weeks of fast retreat in the face of accusations of nepotism and an international downpour of criticism for his management style.

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/ 25 April 2007

Russia prepares to bury Yeltsin

Russia prepared to bury former president Boris Yeltsin on Wednesday, mourning the man who dismantled the Soviet Union and piloted the country in its first chaotic years of independence. In a break with the past, he was to be buried not alongside previous Kremlin leaders, but at the capital’s Novodevichye cemetery alongside actors, writers and performers.

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/ 25 April 2007

Online game a barometer for SA’s taxi frustration?

At least 70 000 South Africans are sufficiently frustrated with their arch-nemeses on the road — taxi drivers — to rush to pummel them in cyberspace. This is according to iLogic, the creators of online game Taxi Wars, who claim to have tapped into the ”vein of public frustration”. According to iLogic, their website has received a whopping 70 000 visitors in the 24 hours since the site had first appeared in the media.