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/ 23 March 2006

UN: Australia uncooperative in oil-for-food probe

The head of the United Nations’s probe into illegal kickbacks paid to Iraq under the oil-for-food programme found the Australian government initially uncooperative and reticent to provide information. The Australian panel examining the discredited programme was told that Foreign Minister Alexander Downer had at first prevented the UN from interviewing government officials over the scandal.

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/ 23 March 2006

Study shows happier moms have happier children

Treating mothers for depression can mean long-term happiness for their children, according to a study published on Tuesday. Depression is known to be passed on genetically, but it can also be affected by the environment in which a child is raised, according to authors of an article published by the Journal of the American Medical Association.

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/ 23 March 2006

Capital inflows in 2005 largest to date

South Africa recorded its largest recorded capital inflow in 2005, the South African Reserve Bank said in its quarterly bulletin released on Thursday. ”Sound macroeconomic policies in South Africa and continued positive investor sentiment towards emerging markets in general gave rise to sizeable capital inflows in the country in 2005,” the bank said.

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/ 23 March 2006

US markets lift JSE

The JSE was firmer in noon trade on Thursday helped by positive US markets overnight. Strength in heavyweight resources stocks in London played a major role in the bourse’s strength. By 12.06pm, the all share index added 0,52%. Resources rallied 0,89% and the platinum mining index inched up 0,09%, but the gold mining index lost 0,77%.

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/ 23 March 2006

Gabonese politician flees to SA embassy

A Gabonese opposition leader has taken refuge in the South African embassy in the West African country, South Africa’s ambassador to Gabon said on Wednesday. ”He thought his safety was at risk, he feared he was to be arrested for certain things the government alleges against his party,” Joe Khasu said from Libreville.

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/ 23 March 2006

Netanyahu hoping for political rehabilitation

Binyamin Netanyahu, leader of the hawkish Likud Party, hopes to complete his political rehabilitation by returning to the prime minister’s office and resuming a post the Israeli public evicted him from in the May 1999 elections. As Likud leader, Netanyahu has been campaigning that he represents the ”true” Likud values.

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/ 23 March 2006

The house that defied Cyclone Larry

Ivana Edwards’s friends and neighbours laughed when she and her husband built their steel-reinforced concrete house 20 years ago to withstand any weather that tropical northern Australia could throw at them. But as category-five Cyclone Larry arrived, she knew they had been right.