World stocks lose ground after Fed statement
World stock markets retreated Thursday after the U.S. Federal Reserve struck a note of caution in its latest assessment of the world's No. 1 economy. The central bank's statement, which accompanied a decision to leave interest rates at a record low, added to unease after weak housing figures suggested the U.S. economic recovery...
Australia gets first woman prime minister
Reuters, 24 June 2010 Australia’s ruling party dumped Kevin Rudd as prime minister today, handing power to the nation’s first female leader, former deputy premier Julia Gillard, in an effort to avoid election defeat later this year. Key points - Rudd has become the shortest-serving Australian prime minister since Billy McMahon...
Kim Jong-il ‘Instructs Footballers by Invisible Phone’
Chosun Ilbo, 22 June 2010 North Korean leader Kim Jong-il "gives regular tactical advice during matches using mobile phones that are not visible to the naked eye," the team's manager Kim Jong-hun told ESPN Thursday. The coach dutifully told the sports channel that Kim Jong-il developed the James-Bond technology himself. In 2004,...
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