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/ 5 December 2003
The Pentagon’s one-size-fits-all ‘liberation’ is a disaster in Iraq. American efforts to foist new rulers on the people of Iraq are becoming increasingly grotesque. In some cities US troops have sparked demonstrations by imposing officials from the old Saddam Hussein regime.
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/ 5 December 2003
Wall Street’s bad boys were hit with the biggest fines in the history of the securities markets last week — but there are few signs that the industry will change its ways. The 10 largest brokerage firms were hit with ,4-billion in fines and restitution, and two high-flying analysts crashed to earth.
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/ 5 December 2003
Severe acute respiratory syndrome (Sars) and the squeeze on corporate profits continue to take their toll on British Airways (BA), which this week disclosed a 2% drop in traffic last month as travellers in Asia shunned flying.
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/ 5 December 2003
The Wildlife and Environment Society of South Africa (Wessa) has expressed its concern over the decision of the Department of Environmental Affairs and Tourism to allow the controversial N2 toll road to run through the Eastern Cape.
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/ 5 December 2003
The merger between Harmony Gold Mining and Patrice Motsepe’s ARMgold — to create South Africa’s largest and the world’s fifth-largest gold producer — had to happen.
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/ 5 December 2003
A confidential United Nations report has accused Rwanda, Uganda and elements within the new transitional government in the Democratic Republic of Congo (DRC) of continuing to arm militias in the country to keep control of the rich diamond and gold fields.
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/ 5 December 2003
A new way of investing in gold will be on offer next week through buying and selling a security on the London Stock Exchange. Gold Bullion Securities will offer units of a tenth of an ounce, and the gold that investors buy will be stored in HSBC vaults and held in trust.
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/ 5 December 2003
An extra 10-million passengers a year will be able to pass through London’s Heathrow airport thanks to a new generation of ”super-jumbos”. The Airbus A380 is in production at sites across Europe and is due to take off in three years.
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/ 5 December 2003
Swaziland’s new Constitution has been delayed again, as Prince David Dlamini conferred with constitutional experts. About R112-million has been spent on the exercise, which was decried from its inception by pro-democracy groups as a ”non-starter”.
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/ 5 December 2003
Doctors have said that 30 000 Britons a year might eventually die from smoking dagga and have called for a battle against the drug to mirror that belatedly waged against tobacco.