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/ 9 June 2006

JSE bounces after Thursday’s slide

The JSE was in positive territory just before noon on Friday, having rebounded sharply at the opening following Thursday’s sell off. The recovery was in line with world markets. By 11.48am, the all-share index added 1,54%. Resources rallied 2,17%, the gold-mining index gained 1,18% and the platinum-mining index perked up 1,26%.

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/ 9 June 2006

Tehran boosts hopes of end to nuclear standoff

Iran’s President, Mahmoud Ahmadinejad, boosted hopes of a breakthrough in the international standoff over his country’s suspected nuclear weapons programme on Thursday by backing talks over ”mutual concerns and misunderstandings”. The Iranian president responded after it emerged that Washington would allow the Islamic regime to keep some capacity to enrich uranium.

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/ 9 June 2006

Italian judge backs ‘buffoon’ attack on Berlusconi

Italy’s highest appeals court has ruled that calling the former prime minister Silvio Berlusconi a ”buffoon” can be actively useful for society. Overruling the conviction of a freelance journalist who hurled insults at the then premier as he left a court three years ago, the court of cassation acknowledged that the man had levelled ”strong criticism”.