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/ 8 November 2004

Cool it, my China

China took the global markets by surprise two weeks ago when it raised its interest rates for the first time in nine years in an attempt to cool its rampant economy. The move sent bonds, stocks and the United States dollar into turmoil as financial markets tried to digest the implications for the world economy, of which China is rapidly becoming an increasingly important part.

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/ 8 November 2004

Mbeki tasked with defusing crisis in Côte d’Ivoire

South African President Thabo Mbeki is due to travel to Côte d’Ivoire in the coming days on an African Union mission to defuse the crisis in the West African country, an AU official said on Sunday. AU leaders have mandated Mbeki ”to undertake an urgent mission in consultation with the chairperson of the AU commission, with a view to promoting a political solution”.

  • Burning and looting in Abidjan
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    / 8 November 2004

    A week in the life of the Chinese miracle

    Can China, the world’s most populous country, really go on indefinitely combining censorship, a rigidly controlled media, and an authoritarian, secretive, one-party state with a dynamic, entrepreneurial culture and technological progress, and not suffer some economic or political crisis? It is no longer an obscure question about a far-off country. What happens in China now affects us all.

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    / 8 November 2004

    Saharawi or bust

    In its protracted dealings on the Western Sahara issue, the United Nations Security Council persists in urging ”the parties” to reach a political solution. It did this again recently when, after a three-minute meeting, the mandate for the UN mission in the disputed territory (Minurso) was extended for a further six months. In fact, there is only one party — Morocco — that still needs spurring in this 29-year process.

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    / 8 November 2004

    Plunder down under

    Australia may be dry but it is not parched. The perception of the country as a ”wide, brown land” is widespread but it does not bear much relation to the reality of living there. Although it soon might — if you take into account the support of politically sensitive industries. For example, it currently takes 1 200 litres to make a dollar’s-worth of sugar and 1 500 litres to make dairy products or cotton to the same value.

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    / 8 November 2004

    Wales: ‘We can beat the All Blacks’

    Gavin Henson has insisted Wales can build on their narrow defeat against South Africa by beating the All Blacks for the first time in over 50 years. Neath-Swansea centre Henson scored two tries as Wales rallied against the Springboks before the Tri-Nations champions held on for a 38-36 victory at the Millennium Stadium.

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    / 8 November 2004

    Cricketer tells of match-fixing offer

    Stephen Fleming was offered £300 000 by an Indian sports promoter to join an international match-fixing syndicate, the New Zealand cricket captain says in a book to be released this week. Fleming said the approach was made at a Leicester, England, hotel during the 1999 World Cup. Some of the details of the book were released on Monday.

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    / 8 November 2004

    Exciting win for Dolphins

    Sahara Stadium, Kingsmead, produced an amazing end to a hard-fought Supersport clash between the Dolphins and the Eagles on Sunday. Set 206 for victory, the Dolphins were 142 for eight before Andrew Tweedie and Zahir Abrahim added 67 in an unbroken partnership to take the Dolphins to an exciting win.

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    / 8 November 2004

    Lions struggle to draw

    In Potchefstroom, the Lions-Titans game that had promised so much after the second day came to life in the final session as the Lions, batting for the draw, came under heavy pressure after a mini-collapse in the middle order. The expected overnight declaration did not materialise.

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    / 8 November 2004

    Paris hat-trick for Safin

    Russian sixth seed Marat Safin clinched his third Paris Masters title on Sunday as he overwhelmed Czech qualifier Radek Stepanek 6-3, 7-6 (7/5), 6-3 in the final of the €2,45-million tournament. Only German legend Boris Becker, in 1986, 1989 and 1992, had previously won three Paris titles.