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/ 5 June 2006

JSE lists on its own boards

Johannesburg’s Stock Exchange was listed as a public company on its own boards on Monday. Speaking at a listing ceremony at the exchange in Sandton, Deputy President Phumzile Mlambo-Ngcuka congratulated the stock exchange on another milestone in its history.

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/ 5 June 2006

Olivia Newton-John’s boyfriend living in Mexico

Mystery surrounding the disappearance of Australian entertainer Olivia Newton-John’s longtime boyfriend Patrick McDermott deepened on Monday following a report he was alive and living in Mexico. McDermott, who had been Grease star Newton-John’s partner for nine years, disappeared off a boat while on an overnight fishing trip off the California coast a year ago.

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/ 5 June 2006

Motlanthe denies plans to grill Zuma

A senior African National Congress (ANC) official has denied the party intends grilling Jacob Zuma about statements he made in court during his rape trial. Its website quoted ANC secretary general Kgalema Motlanthe as saying there would be no further questions about Zuma’s utterances in court.

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/ 5 June 2006

Jakarta: ‘Pollution City’ and not afraid to admit it

With its hazy skies, traffic-clogged streets and fume-belching vehicles, the Indonesian capital Jakarta is poking fun at its constant state of pollution in a bid to clear the air. To mark World Environment Day, authorities on Monday unveiled six giant billboards around Jakarta reading "Welcome to Pollution City", with an illustration of a couple holding their noses.

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/ 5 June 2006

Manuel says markets will see corrections

High oil prices and the United States deficit of $800-billion were key reasons for the large sell-off that occurred on the stock markets last week, South African Finance Minister Trevor Manuel said on Monday. He referred to the "yawning, gaping" $800-billion deficit and the rapid rise in the oil price which had been $11 a barrel "a few years ago" and was now standing "on the other side" of $70 a barrel.

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/ 5 June 2006

Plans afoot for World Cup every two years

A radical plan to restructure international football, prepared for top European clubs, envisages the World Cup being held every two years, the Financial Times reported on Monday. The proposal, called ”Grand Slam World”, is part of a presentation commissioned by the G-14 grouping of European clubs — a collection of the 18 richest sides in Europe — by Hypercube, a Dutch consultancy.