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/ 1 August 2007

Baghdad bombings leave trail of death

The death toll from an attack by a suicide bomber driving a fuel truck packed with explosives in western Baghdad on Wednesday rose to 50 people, police said. Another 60 were wounded in the attack in the Mansour district. Police said the bomber lured motorists queueing for petrol to his truck.

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/ 1 August 2007

China blames climate change for extreme weather

China blamed global warming on Wednesday for this year’s weather extremes, which have led to more than 700 deaths from flooding and left millions of others without water. Such extremes are likely to get worse and more common in the future, said Song Lianchun, head of the China Meteorological Administration’s department of forecasting services.

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/ 1 August 2007

Obama says he would send troops into Pakistan

Democratic presidential candidate Barack Obama said on Wednesday that he would send troops into Pakistan to hunt down terrorists, an attempt to show strength when his chief rival has described his foreign policy skills as naive. Obama warned Pakistani President General Pervez Musharraf that he must do more to shut down terrorist operations in his country.

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/ 1 August 2007

Gold Fields plans seven to 12 year bond issue

Gold Fields, the world’s fourth biggest gold producer, is planning to issue a long-term bond in South Africa to refinance debt within 12 months, an official said on Wednesday. ”I would like to refinance a sizeable chunk of our existing debt,” chief financial officer Nick Holland told journalists following a results presentation.