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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.

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/ 25 February 2005

La Liga leads the way

England started the week with a unique four Champions League contenders out of a star-studded 16 survivors from the group stage. Okay, they didn’t have half a chance of lifting the European Cup once dominated by Liverpool, Aston Villa and Nottingham Forest, but they had a quarter of a chance on paper.

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/ 25 February 2005

New political coalition formed in Zimbabwe

Sacked Zimbabwean information minister Jonathan Moyo has been linked to a new coalition of independent candidates that will contest the March general election as a united front. Independent candidates expelled from both the opposition Movement for Democratic Change and the ruling Zanu-PF party have formed a network that is likely to transform into a political party.

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/ 25 February 2005

Poor get richer

<img src="http://www.mg.co.za/ContentImages/197779/special_rep_icon_template.gif" align=left>Thanks to an unexpected increase in revenue of more than R11-billion this year, Minister of Finance Trevor Manuel again played Mr Nice Guy and cut individual taxes by a further R6,8-billion. This bonanza is aimed at the lower-income earner, with 62,8% of the benefit going to people who earn less than R200 000 a year.

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/ 25 February 2005

Strong demand for Trevor’s assets

"Going once at R27 000, twice at R27 000, gone!" That’s the price paid at auction this week for Minister of Finance Trevor Manuel’s 2005 Budget speech and neckwear. The speech and the red-and-cream striped tie fetched about half of last year’s price at the traditional African National Congress post-Budget fund-raiser.