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/ 12 August 2005

Psychic fails to predict crystal-ball fire

A French amateur psychic’s powers of prediction were under sharp scrutiny after his crystal ball started an inferno that burnt out his flat, a British newspaper reported on Friday. The fortune-telling device caused a fire that destroyed two other flats and rendered several more uninhabitable, <i>The Times</i> said.

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/ 12 August 2005

Gold stocks help JSE to new high

The JSE Securities Exchange (JSE) reached another record high on Friday, with gold stocks delivering a particularly strong performance due to the higher bullion price and the end of the nationwide strike in the gold-mining industry. The bourse’s strength came in defiance of a strong rand.

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/ 12 August 2005

Oil prices reach record $66 a barrel

Crude oil prices on Friday rose to new highs, climbing past a barrel, as reports of new United States refinery outages rekindled fears that gasoline supplies in the world’s biggest consumer would struggle to meet rising demand. Analysts said gasoline demand, currently at its peak in the United States, was driving crude’s gains.

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/ 12 August 2005

African youth to seek solutions to continent’s problems

Youth representatives from across Africa will meet next week in Morocco to discuss the continent’s most pressing problems, including HIV/Aids, poverty, the environment and the technology gap. ”We bring the young together and we let them loose, let them work together to solve these problems,” said Djibril Diallo, chairperson of the Pan-African Youth Leadership Summit.

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/ 12 August 2005

ANC ‘winking and nudging’ over Zim

The African National Congress has engaged in a series of "winks and nudges" in dealing with the human rights abuses and autocratic behaviour of President Robert Mugabe, says Democratic Alliance leader Tony Leon. "Mugabe’s ‘cocking a snook’ or giving a ‘two’s-up’ to whiteys and the West seems to appeal to a sizeable constituency in the ANC," he said.