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/ 23 May 2006

Cash in fridge puts US lawmakers in FBI sights

United States authorities found  000 stuffed in a freezer at the home of a US lawmaker under federal investigation for corruption and shady deals in West Africa, court documents showed on Monday. Democratic representative William Jefferson was involved in bribery schemes and suspect business deals in Nigeria and Ghana, according to an FBI affidavit.

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/ 19 May 2006

Discovery of ‘Hobbits’ in Indonesia contested

A new report released on Thursday disputes scientists’ claims that bones of a dwarf human discovered on an Indonesian island are those of an entirely new human species. The 18 000-year-old bones found on Flores Island in 2003 were given the scientific name Homo floresiensis, and the nickname ”Hobbit” after the diminutive figures in JRR Tolkien’s novel.

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/ 18 May 2006

Cervical cancer vaccine touted as lifesaver

A vaccine that blocks infection by four types of human papillomavirus could cut global deaths from cervical cancer by more than two-thirds, its manufacturer said in seeking federal approval. Merck wants Food and Drug Administration approval for its Gardasil vaccine against the two of those four types of human papillomavirus, or HPV, believed responsible for about 70% of cervical cancer cases.

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/ 16 May 2006

Poker chips, chainsaw among gifts to Bush

It is good to be president, not the least because it inspires rock stars and others to buy you presents like  800 suits, poker sets, chain saws and  500 bikes. President George Bush and Vice-President Dick Cheney on Monday released the financial disclosure forms they are required by law to file every year.

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/ 16 May 2006

US: Libya may serve as model for Iran

American oil companies stand to gain in competing for access to oil reserves in Libya by the restoration of normal diplomatic relations and the removal of Moammar Gadaffi’s regime from a United States list of terrorism sponsors. The diplomacy that led to the renewal of ties with the North African country, which were severed in 1980, could also serve as an example to Iran.

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/ 15 May 2006

eBay wins key patent ruling

The United States Supreme Court on Monday delivered a victory to internet giant eBay in a closely watched case seen as a test for high-tech disputes over patent infringement. The court’s unanimous ruling does not exonerate eBay in the patent dispute with a company called MercExchange.

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/ 13 May 2006

Bush considers troops along US-Mexico border

President George Bush, in a nationally-televised speech on Monday, is expected to propose tougher immigration-enforcement measures along the United States-Mexico border, including the use of additional troops, US media reported on Friday. The New York Times reported that the president is likely to discuss the deployment of national-guard troops.

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/ 11 May 2006

Critics upset with US stance on Chinese currency

Critics complain the Bush administration once again dropped the ball by failing to cite China for a currency system they see as a prime culprit in the loss of millions of United States manufacturing jobs. The administration said in a report to Congress on Wednesday that China moves too slowly to reform its currency system, but isn’t technically a currency manipulator.

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/ 10 May 2006

Rice: Iran faces ‘isolation’ without nuclear accord

United States Secretary of State Condoleezza Rice said on Wednesday that Iran would face "isolation" if it did not establish a nuclear programme that meets international standards. Speaking after talks with Javier Solana, the European Union’s foreign policy chief, Rice also stressed that Iran faced a United Nations Security Council resolution over its nuclear programme.

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/ 8 May 2006

Bush sends Rice to UN over Darfur

President George Bush announced on Monday that Secretary of State Condoleezza Rice will address the United Nations Security Council, seeking a rapid deployment of peacekeepers to Sudan. Bush said Rice would address the Security Council on Tuesday, following last week’s peace agreement between the government and rebels.

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/ 5 May 2006

Survey says 694-milllion people are online

About 694-million people worldwide over age 15 are now using the internet, about 14% of the total population in this age group, according to a survey released on Thursday. The report by research firm comScore Networks claims to be ”the first true estimate of global online audience size and behaviour” using consistent methodology.

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/ 3 May 2006

Bernanke’s loose tongue sets markets wagging

Three months after succeeding the famously discreet Alan Greenspan, Federal Reserve chairperson Ben Bernanke has been dealt a painful lesson in the cost of careless talk. A private conversation involving the new Fed chief at Saturday’s annual dinner of the White House Correspondents’ Association found its way out into public this week.

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/ 3 May 2006

North Korea loses $20m each week it avoids talks

North Korea loses at least -million each week it stays away from multilateral talks aimed at ending its nuclear weapons drive, a top United States negotiator said on Tuesday. North Korea stood to gain that amount of money in energy aid alone in return for abandoning its nuclear weapons under an agreement reached by the negotiating parties.

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/ 3 May 2006

Bush nudges Sudan towards peace deal

United States President George Bush told Sudan’s president in ”very clear” terms that his government must redouble efforts to make a deal with rebels at peace talks, the White House said on Tuesday. In a phone call on Monday with President Omar al-Beshir, Bush urged the Sudanese leader to send his vice-president back to the peace talks in Abuja, Nigeria.

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/ 28 April 2006

US economy rebounds in opening quarter

Casting off an end-of-year lethargy, the United States economy bounded ahead in the opening quarter of this year at a 4,8% pace, the fastest pace of growth in two-and-a-half years. The increase in the gross domestic product marks a vast improvement from the feeble 1,7% annual rate registered in the final quarter of 2005.

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/ 28 April 2006

Clooney urges action against ‘genocide’ in Darfur

Hollywood star George Clooney pleaded on Thursday for a more vigorous United States effort to end what he called ”the first genocide of the 21st century” in Sudan’s war-devastated Darfur region. The Oscar-winning actor and director urged broad participation at demonstrations to be held on Sunday in Washington, San Francisco and several other US cities.

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/ 27 April 2006

Chad, World Bank reach oil-money deal

The World Bank said on Thursday it has clinched an interim deal with Chad to unblock frozen oil revenues owed to the impoverished African country. The global lender said the Chadian government has promised to adopt a new Budget law that will reserve 70% of its oil proceeds for poverty reduction.

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/ 27 April 2006

Bush faces fuel revolt

United States President George W Bush, facing a summer of revolt from a nation that believes fiercely in its right to affordable petrol, on Tuesday unveiled plans to try to stop a rapid rise in prices at the pump. In a speech to the Renewable Fuels Association in Washington, Bush acknowledged that the high prices were hurting ordinary Americans as the holiday season approaches.

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/ 19 April 2006

Global economy forecast to pick up speed

The global economy, which has coped amazingly well with fallout from natural disasters and lofty energy prices, is expected to pick up a little more speed in 2006 and log another year of brisk growth. Still, risks remain, the International Monetary Fund indicates in its latest World Economic Outlook, released on Wednesday.