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/ 20 October 2003
Multinational corporations need to rethink their investments in poor countries so they can provide lasting opportunities for people there rather than just make profits for their shareholders, the chief executive of Hewlett-Packard said on Monday.
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/ 20 October 2003
This death thing is actually beginning to piss me off. It is true that you can never really know another somebody, really know them with all the secrets that they will probably carry to the grave. But in the difficult contours of life you can sometimes inch closer and closer to where another somebody might be at and make contact.
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/ 20 October 2003
Papa Wemba, the Congolese music star accused of aiding an illegal immigration network in France and Belgium will resume his performances in Paris with a concert on Saturday. The 53-year-old Afropop musician, whose real name is Jules Shungu Wembadio Pene Kikumba, was released from a Paris prison on June 5 after he posted bail of 30 000 euros.
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/ 20 October 2003
Burundi on Tuesday enters its 11th year of civil war that has claimed more than 300 000 mostly civilian lives and ravaged this tiny French-speaking central African country that nevertheless clings today to hopes for peace.
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/ 20 October 2003
The Financial Advisory and Intermediary Services Act cannot function as a one-man-fits-all legislation across the financial services industry, says Carstens Mphelo, a director at Metropolitan Asset Managers. Financial services regulators must take into account that different sectors in the industry operate differently, he says.
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/ 20 October 2003
China’s president, Hu Jintao, yesterday rejected a personal appeal from his American counterpart, George Bush, to revalue his country’s currency and adjust other policies that Washington claims give China an unfair trading advantage.
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/ 20 October 2003
The Pentagon was accused yesterday of ignoring a report that predicted Iraq would descend into chaos after the toppling of Saddam Hussein. Details of the document, compiled by the US state department, emerged in the New York Times and raised difficult questions for the Bush administration about its handling of post-war Iraq.
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/ 20 October 2003
Deputy President Jacob Zuma opened a World Road Congress in Durban on Sunday with a reminder to delegates of the some 100 member countries in attendance that transport infrastructures were critical to the continent’s development.
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/ 20 October 2003
The introduction of strict new laws for better capital management and reduced exposure to risk as embodied in the Basel II Capital Accord presents financial institutions with something of a double-edged sword. While compliance will reduce operational hazards, it may also result in over-stressed systems and excessive pressure on financial technology systems.
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/ 20 October 2003
It was America’s ”virtuous majority” (as they conceive themselves) who made George Bush president. He keeps these core voters sweet by appointing aggressively virtuous subordinates — men whose sole claim to office, as Bill Maher puts it, is that they ”read the Bible and fuck their wives”.