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/ 8 August 2005

Crude oil prices hit new record

Crude futures rose to a new high of ,69 in Asian trading on Monday as the United States government announced the closure of its embassy and consulates in Saudi Arabia due to security threats and on continued concerns that earlier shutdowns of US oil refineries would reduce supply.

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/ 8 August 2005

Former oil-for-food chief resigns ahead of report

The former chief of the Iraq oil-for-food programme resigned on Sunday, a day before investigators release a report that is expected to accuse him of taking kickbacks. Benon Sevan accused United Nations Secretary-General Kofi Annan of failing to stand by him and blasted the independent inquiry committee investigating allegations of corruption.

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/ 8 August 2005

Sun-lounger law rules towels illegal

A new German book of popular legal errors seeks to end years of Anglo-German holiday bickering over the rights and wrongs of bagging the best sun loungers with the strategic deployment of towels. British tourists have gained an unlikely ally in the form of German lawyer Ralf Höcker, who said that his research had revealed that leaving towels on loungers was not legally binding.

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/ 8 August 2005

Shuttle landing delayed

The landing of the beleaguered Discovery space shuttle has been delayed due to low clouds over Florida’s Kennedy Space Centre, Nasa announced this morning. The seven astronauts were originally preparing to land on Monday morning, but the bad weather put the landing back to later in the day.

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/ 8 August 2005

US hopes to withdraw 30 000 troops

United States generals hope to withdraw up to 30 000 troops from Iraq by next spring, signalling increasingly firm plans for a phased US pull-out. In a classified briefing to senior Pentagon officials last month General John Abizaid, the top US commander in the Middle East, reportedly said the equivalent of more than 20 brigades would leave if conditions were right.

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/ 8 August 2005

Liberals pledge millions to revive US left

Scores of the United States’s richest people have pledged -million or more towards a new attempt to reinvigorate the American left and counter the powerful Republican political machine. The money will be funnelled through an organisation called the Democracy Alliance which will help fund a network of thinktanks and advocacy groups