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Why is it called Abbottabad?

Abbottabad was named after a British army officer named Major James Abbott who founded the city (and the outlying district) in 1853 when British India annexed the vast Punjab region.

Report urges U.S. open door to China investment flood

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Tens of billions of dollars of Chinese investment could flood into the United States in the next decade, creating a multitude of American jobs if officials do not succumb to a political backlash and throw up barriers, according to a report released on Wednesday.
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Investors move back into cash in April: Reuters poll

Investors pulled back some of their exposure to equities in April, buying bonds and turning to safe-haven cash amid worries that global economic growth could falter from its rapid pace, Reuters polls showed on Tuesday.
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How did Osama die?

The operation that led to the killing of the world's most-wanted terrorist Osama Bin-Laden was almost nine-month old but surprised many all over the world with its sudden but successful outcome.
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Stocks, dollar up after news bin Laden killed

The dollar rose from three-year lows, oil fell and world stocks put in gains on Monday after news Al Qaeda leader Osama bin Laden was killed by U.S. forces swept across thinly-traded financial markets.

Crowds Attack Empty UK, Italy Embassies in Tripoli

Crowds in the Libyan capital of Tripoli set fire to the empty British embassy and vandalized the Italian embassy on Sunday, a day after NATO bombed Libyan Leader Muammar Gaddafi's compound in a suburb of the city.
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Wages high on central bank radars

Central bankers around the world are at different stages when it comes to combating price pressures, but all of them are keeping a close watch on wages for early warning signs of future inflation.

The bizarre tale of Savitri Devi, the Hindu Nazi

Savitri Devi is largely an unknown (or forgotten) figure from 20th century history; but she is well worth remembering because she lived one of the strangest, most incomprehensible lives that one could imagine.

Sony data breach stirs global outrage

Ire is mounting the world over after Sony belatedly revealed its online gaming network suffered one of the largest data breaches in history, and has yet to issue a full statement regarding the mater.
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Sony's No.2 Hirai to brief media Sunday on data theft

Sony Corp's No.2 Kazuo Hirai will brief media on Sunday about a huge security breach of its PlayStation Network, the first time an executive of the Japanese electronics giant will publicly address the case, which could prompt global legal actions.

Kate's ring made of rare Welsh gold

Prince William and Catherine Middleton continued the 88 year tradition of the British monarchy to use wedding ring made of rare Welsh gold. Ironically, it was May 1999 when Gordon Brown sold half of Britain's gold reserves at rock bottom prices, squandering many billions of the national wealth.

Royal Wedding with Royal Bridesmaids (Photos)

The Royal Wedding ended but people around the world especially England is still in a festival mode. The Royal Wedding was almost all smiles on Friday, but for one very unhappy bridesmaid. Grace van Cutsem - just three years old - seemed unhappy camper. There are some funny and cute moment pictures of bridesmaids and pageboys.
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Silver and gold near lifetime highs

Silver and gold were within sight of historic highs on Friday and could resume an uptrend as the U.S. dollar held near three-year lows against a basket of currencies on hopes U.S. monetary policy would stay ultra-loose, keeping inflationary price pressures high.

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