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/ 31 May 2006

Zim court hands death sentence to farmer’s killer

A man who gunned down a white Zimbabwean farmer four years ago has been sentenced to death by the Zimbabwe High Court, reports said on Wednesday. Munetsi Kadzinga (31) was sentenced to death by high court Judge Bharat Patel on Tuesday after he was convicted of murdering farmer Charles Anderson in 2002, the state-controlled Herald newspaper reported.

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/ 31 May 2006

Renewed fighting leaves at least 13 dead in Somalia

Islamic militias and secular warlords resumed fighting for control of the Somali capital on Wednesday, killing at least 13 people and wounding at least 11 others after a five-day lull, witnesses and medical workers said. The fundamentalist Islamic militia expanded their control of parts of Mogadishu in the battle that began shortly after morning prayers.

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/ 31 May 2006

US may be ready to engage Iran in nuclear dialogue

The United States is ready for the first time to join talks with Iran over its nuclear programme, provided Russia and China agree to sanctions if Tehran refuses to limit its atomic ambitions, diplomats said on Wednesday. A Western diplomat said the US was "willing to sit at the table with the Iranians", together with the four other permanent United Nations Security Council members.

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/ 31 May 2006

Hewitt makes a successful return to Paris

America’s Andy Roddick and Nadia Petrova of Russia became the first major casualties of the 2006 French Open on Tuesday. Roddick, the fifth seed, retired from his first-round match with Spanish journeyman Alberto Martin trailing 6-4, 7-5, 1-0, still feeling the effects of the ankle injury he picked up at the World Team Cup in Germany last week.

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/ 31 May 2006

JSE picks up Europe rebounds

After its slide at the opening on the back of weaker United States markets, the JSE was well off its worst levels in noon trade on Wednesday, following a turnaround on European markets. Overall, sentiment remained on the negative side, however. By 11.57am, the all-share and all-share industrial indices were 0,69% and 0,71% lower respectively.

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/ 31 May 2006

Global economy experiencing strong growth

The global economy has entered a strong growth trajectory, and sustainable economic recoveries in regions such as the Euro zone and Japan are adding impetus to the process, says Chris Hart, Absa Group treasury economist. However, serious global economic imbalances are a blight on the otherwise positive outlook in the global economy.

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/ 31 May 2006

Inflation-hit Zimbabwe unveils Z$100 000 banknote

Zimbabwe’s central bank will issue a new Z$100 000 banknote after inflation topped 1 000% last month, one of the world’s highest rates, a state daily reported on Wednesday. The new banknote, worth US98c, will go into circulation on Thursday and will hold tender until December, the <i>Herald</i> newspaper said. Zimbabwe started introducing bearer cheques with a temporary validity three years ago.