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/ 10 August 2005

Saint dad

A recent British Equal Opportunities Commission survey found that four out of five working men would be happy to swap their jobs for the role of main child carer. Fair enough, and clearly a step in the right direction, but — and I hate to break the news, guys — there’s a catch, and it’s halo shaped.

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/ 10 August 2005

Life industry in for an overhaul

The Pension Funds Adjudicator recently ruled on three types of cases with regards to retirement annuities . The first relates to the value of paid-up policies, which currently involves six separate cases. One that made headlines was the Da Sousa case against Liberty Life’s Lifestyle retirement annuity fund where, after fees, the paid up value fell from R37 983 to R5 439.

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/ 9 August 2005

Havoc at world pole-vaulting event

The pole-vaulting competition at the World Athletics Championships in Helsinki was disrupted on Tuesday when a Finnish vaulter’s crash damaged the measuring equipment. When the event restarted, using a second pit where the equipment was intact, gusty winds hampered the vaulters’ efforts.

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/ 9 August 2005

Discovery returns home safely

Discovery and its crew of seven glided safely back to Earth on Tuesday, ending a riveting and at times agonising 14-day test of space-shuttle safety that was shadowed by the ghosts of Columbia. Discovery swooped through the darkness of the Mojave desert and landed at the Edwards air-force base well before sunrise.

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/ 9 August 2005

Iran sets off diplomatic scramble

Amid intense diplomacy, Britain, France and Germany circulated a draft resolution on Tuesday, ahead of a key meeting of the United Nations atomic watchdog, urging Iran to stop nuclear fuel work that has raised concerns of a possible weapons programme. But diplomats warned the tactic is running into opposition.

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/ 9 August 2005

Crude futures retreat after record price

Crude futures edged back on Tuesday after prices had rallied to a new record high at ,27 a barrel. The market was still on watch for potential terrorist threats in Saudi Arabia and spirits remained dampened over refinery outages in the United States. Traders were also awaiting the weekly inventory snapshot from the US.