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/ 18 September 2007

World oil price tops $81

Oil prices topped 81 dollars a barrel for the first time on Tuesday, setting another record high amid fears of critically tight supplies for the winter season in the United States. Opec’s announcement last week that it would pump an extra 500 000 barrels per day from November has failed to stop the surge in price.

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/ 28 December 2006

Internet chaos shows system’s weakness

The chaos in Asia’s internet service sparked by an undersea earthquake shows the region’s cable network is too fragile and overly reliant on connections to the United States, industry observers said on Thursday. Millions of people across Asia were enduring a second day without full internet services after a 7,1-magnitude earthquake hit Taiwan late on Tuesday.

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/ 24 August 2006

Empty hotels emphasise Lebanese tourism ‘disaster’

The front door of the seaside Hotel Monroe is padlocked but a uniformed soldier greets visitors who enter through the back. "Do you want to rent a room?" he asks from behind his desk. Forget it. The high-rise hotel has been closed "since the aggression" by Israel last month and there is no sign of when it will reopen, says the soldier who was not authorised to speak and did not give his name.