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/ 2 July 2004

Thwarted Hamas turns from bombs to politics

Israel’s security establishment is quietly congratulating itself on breaking the back of Palestinian ”terror networks”, months after driving the leaders of Hamas and its smaller allies underground or killing them. The army and intelligence chiefs have proclaimed a dramatic fall in the number of suicide bombings during the first half of this year, down by 75% on the same period a year ago.

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/ 2 July 2004

Rand lifts JSE off lows

A weakening rand lifted the JSE Securities Exchange South Africa off its lows on Friday, although the bourse remained in the red in noon trade. Dealers said that the bourse had initially taken its cue from world markets, but the currency was now
providing some support.