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/ 25 February 2005

De Beers warns of mass job cuts at SA mines

World number one diamond-miner De Beers said in a statement on Friday said that its planned restructuring at its seven South African diamond mines could see 1 270 people lose their jobs out of a total of 9 442 people employed by De Beers Consolidated Mines. Global resources group Anglo American has a 45% stake in De Beers.

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/ 25 February 2005

Now you can warm up your dinner in the fridge

The Japanese will soon have a refrigerator which can keep meals hot as well as cold to accommodate families who dine apart most of the time with husbands working late and children studying into the night. Billed as a world first, the fridge, made by electronics firm Sharp, has a space of 20 litres in the middle that can be kept at 55C, just next to a box for ice cubes.

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/ 25 February 2005

Taiwanese man caught selling missile parts to Libya

A Taiwanese businessman has been arrested for allegedly smuggling missile components to Libya, a prosecutor said on Friday. Hsieh Chin-yi, who ran a trade company in northern Taoyuan county, had exported missile parts disguised as general merchandise to Libya since 1999, said Chang Chin-feng, a spokesperson for Taoyuan public prosecutors’ office.

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/ 25 February 2005

Hidden costs of Israel’s occupation

Israelis are paying a high economic and social cost for nearly 40 years of occupation, says a report commissioned by Oxfam. The report says that military spending, the cost of Jewish settlements to colonise Palestinian land, and the collapse of tourism and other enterprises because of the two intifada, have severely undermined the economy.

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/ 25 February 2005

Bomber in uniform kills 12 Iraqi police

A suicide car bomber dressed as a policeman tricked his way into a police base in Iraq on Thursday and blew himself up, killing at least 12 people. The bomber wore a lieutenant’s uniform and maximised the casualties by timing his explosion as the day shift was taking over from the night shift at the base in Tikrit.

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/ 25 February 2005

Bush warns Russian leader to respect democratic values

United States President George Bush on Thursday night delivered a coded but pointed criticism of Vladimir Putin, questioning the Russian leader’s commitment to democratic values. The US president emerged from a two-hour summit with Putin to state that the rule of law, a free press, a viable opposition and protection of minorities were central and universal attributes of democracy.

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/ 25 February 2005

Rand, world markets buoy JSE

The JSE Securities Exchange (JSE) was firmer at noon on Friday, buoyed by a weaker rand and strong performances by heavyweight dual-listed stocks offshore. Volumes were light, however, with value traded well below the R1-billion mark. At 11.56am, the all-share index was up 0,32% at 13 351,3. It touched a highest-to-date 13 370,67 at the opening.

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/ 25 February 2005

Chelsea decline to dress for success

From the moment, two weeks ago, when Jose Mourinho decided to let his players go suitless to the Millennium stadium, we knew Sunday’s League Cup final was going to be something of a dress rehearsal. Despite often fielding below-strength sides, two of the Premiership’s biggest clubs, Liverpool and Chelsea, have struggled to the final.