14 Mar 2011

Crime Eating Up 8.9% of Mexico’s GDP, Report Says

“Crime cost Mexicans 1.01 trillion pesos (nearly $85.38 billion) in 2009, a figure equivalent to 8.9 percent of the gross domestic product (GDP), a study released over the weekend by the Citizens Crime Research Institute, or Icesi, said. Crime-related spending rose 11.5 percent in 2008 and 2009, the latest years

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14 Mar 2011

Gunmen in Nigeria Kill Six People in Jos Attack, Police Say

“Gunmen in Nigeria carried out simultaneous attacks today on two Christian villages killing six people in the country’s Plateau state, a region beset in recent months by sectarian violence, police said. A police statement said five people from the same family were killed in Kai village while another person was

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14 Mar 2011

Japan nuclear disaster risk seen receding fast

“The risk of a major radiation leak in Japan is subsiding as stricken nuclear reactors cool, but there will be major clean-up costs and three reactors will probably be written off, experts said on Monday. A massive earthquake and tsunami on Friday knocked out cooling systems at a nuclear plant

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14 Mar 2011

Next Mideast Flashpoint: Saudis Enter Bahrain

The BBC’s Arabic service has posted the above amateur video, showing Saudi Arabian armored personnel carriers rushing into the tiny Gulf kingdom of Bahrain. This probably wasn’t what Defense Secretary Robert Gates had in mind when he counseled to Bahrain’s royal family to accommodate its dissidents.” (Source: Next Mideast Flashpoint:

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14 Mar 2011

36 killed in suicide attack on Afghan army centre

“A Taliban suicide blast hit an army recruitment centre in northern Afghanistan today, killing 36 people and wounding another 42 in the second attack on the base in three months. The deadly blast is the latest in a string of attacks on Afghan security forces as they prepare to take

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14 Mar 2011

Nuclear fuel rods fully exposed at Japan reactor

“Nuclear fuel rods at a quake-stricken Japanese nuclear reactor are now fully exposed, Jiji news agency said, quoting the plant’s operator, Tokyo Eletcric Power Co . The report referred to the Fukushima Daiichi complex’s No.2 reactor, where levels of water coolant around the reactor core had been reported as falling

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08 Mar 2011

23 oil workers kidnapped in Colombia

“Troops are searching for 23 oil workers kidnapped by armed men in eastern Colombia, the country’s army said in a statement. The kidnapping was reported around 4 p.m. Monday in Colombia’s Vichada province, the army said. Authorities said it appeared those responsible were members of the FARC leftist guerrilla group.

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08 Mar 2011

Mexican shoot-out kills 18 as drug violence surges

“A shoot-out between rival gangs left 18 people dead in Mexico’s Tamaulipas state, amid a surge in deadly drug-related crime, the state government said. The government meanwhile announced the arrests of two alleged gang bosses and fresh charges against the scion of a major drug trafficking family, but previous arrests

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08 Mar 2011

24 killed as bomb targets Pakistan’s intelligence office

“A car bomb exploded near the office of Pakistan’s main intelligence agency in the industrial city of Faisalabad on Tuesday, killing at least 24 people and injuring more than 100, police said. According to police, the blast occurred at about 10:15 a.m. (local time) when an explosive-laden vehicle tried to

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07 Mar 2011

Oil Rises to 29-Month High

“Oil rose to the highest in 29 months in New York as escalating violence in Libya renewed concern that supply disruptions may spread through the Middle East. Crude gained as much as 2.3 percent after fighting between Libyan rebels and troops loyal to Muammar Qaddafi intensified. Hedge funds raised purchases

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