GERMANY

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Berlusconi Denies Secret Meeting with Sarkozy and Merkel

Italian Prime Minister Silvio Berlusconi denied as entirely baseless a report that he had held a special meeting with French President Nicolas Sarkozy and German Chancellor Angela Merkel after last week's summit meeting of European Union leaders.

Asian Stocks and Commodities Fall on Greek Shocker

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Asian shares and commodities fell Tuesday, after a shock announcement that Greece will hold a referendum on a new EU bailout deal for the debt-ridden country threw efforts to resolve the euro zone's debt crisis into fresh doubt.

UNESCO Admits Palestine, and U.S. Freezes Funds

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The United States announced to stop financial contribution to United Nations Educational, Scientific and Cultural Organisation after the UN body voted to admit Palestine as its full member, which the Obama administration termed as regrettable and premature.
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Clocks turn back this Sunday as daylight saving time ends

Daylight Saving Time Ends Nov. 6 in U.S.: Is it Healthy or Harmful?

For some countries around the world, it's time to turn the clocks back, marking the end of the Daylight Saving Time (DST). But for the U.S. and Canada, there is yet another week to go. The practice of DST has been criticized and reported to cause problems for farming and other occupations tied to the sun. What about its impact on human health? Is it healthy or harmful?
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More than 60 percent of global consumers downbeat: Nielsen

Global consumer confidence remained weak in the third quarter with more than 60 percent of consumers saying it was not a good time to spend, and one-in-three North Americans saying they have no spare cash, a survey showed on Sunday.
Clocks turn back this Sunday as daylight saving time ends

Daylight Saving Time 2011 Will End Nov. 6

Daylight saving time officially ends next week, at 2 a.m. on Nov. 6, when clocks are turned back one hour. In the northern hemisphere, daylight saving time generally begins in March and ends in November.
Eurozone

German Finance Minister: Europe Has Long Way to Go

Europe still has a long way to go to solve its crisis, German Finance Minister Wolfgang Schaeuble was cited as saying by a magazine, noting it was key that Italy did its homework and implemented promised reforms.
IMF chief Lagarde stands with European Central Bank President Trichet at the start of the G20 meeting in Paris

Groups urge G20 not to ignore development agenda

Global development groups on Friday called on G20 leaders to step up to their commitments to tackle global food security and come up with new ways to boost world growth that also benefit the poorest.
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India Seize Server Linked to Duqu Computer Virus

Indian authorities seized computer equipment from a data center in Mumbai as part of an investigation into the Duqu malicious software that some security experts warned could be the next big cyber threat.
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Home appliance makers make cuts as demand weakens

The world's two leading home appliance makers are cutting costs -- from jobs to factories -- as they face weaker demand in major markets from Europe to the United States, with recession-wary shoppers putting off big-ticket buys such as washing machines and refrigerators.
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Whirlpool to axe jobs as demand softens

Whirlpool Corp, the world's largest maker of household appliances, will cut production and axe about a tenth of its workforce in North America and Europe, as demand softens for big-ticket items like washing machines and fridges.
German mid-fielder Torsten Frings watches Toronto FC play Vancouver Whitecaps FC during the second half of their MLS soccer match in Toronto

Former German International Frings Enjoys MLS Adventure

Whether playing on a rugged pitch surrounded by armed guards in Nicaragua or Mexico City's altitude, former Werder Bremen captain Torsten Frings said on Friday he was enjoying his first season in the North American Major League Soccer.
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Euro zone rates on hold as guard changes

Euro zone interest rates will very likely remain on hold next week as the European Central Bank navigates the transition to new leadership, with an anti-crisis plan forged by EU leaders taking some heat off monetary policymakers.

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