WORLD

Cairo is burning

Anti-government demonstrations have swept across Egypt despite a 6 am-7 pm curfew imposed by the state and a vow by President Hosni Mubarak to get tough with protesters demanding his ouster.
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US gets mandated cap of 65,000 H1-B visa applications

US Customs and Immigration Services (USCIS) on Thursday said it has got Congressional-mandated cap of 65,000 H1-B visa applications, which is the most sought after by Indian professionals, for the current fiscal.

Internet goes dark in Egypt

Egypt appears to have blocked all access to internet in the midst of anti-government demonstrations. US-based Web site Renesys said it has observed virtually simultaneous withdrawal of all routes to Egyptian networks in the Internet's global routing table, just after mid night, local time.

Mandela could leave hospital tonight: Report

South Africa's Deputy President Kgalema Motlanthe said on Friday that hospitalized former president Nelson Mandela's health was improving and that there was no need to panic over his health, rubbishing speculation that the legendary leader was nearing his end.

China to open up yuan cautiously, boost trade

China will carefully open up its yuan to more trading based on market needs and plans to double its level of imports in five years, its commerce minister said on Thursday, as the country liberalizes its economy, now the world's second largest.
Former Alaska Governor and 2008 Republican vice presidential nominee Sarah Palin speaks at a Tea Party Express rally.

Sarah Palin slams Obama's State of the Union speech

Sarah Palin has blasted President Obama’s State of the Union address in a lengthy diatribe of Facebook that some analysts believe is an attempt by the former governor of Alaska to establish herself as a Republican candidate for the White House in 2012.

Improve education, Obama says

The Obama administration believes that one policy area ripe for bipartisan cooperation and accomplishment is the reauthorization, and improvement, of the Elementary and Secondary Education Act, commonly known as No Child Left Behind.

Current protests in Egypt recall Bread Riots of 1977

The ongoing anti-government protests on the streets of Cairo and other Egyptian cities represent the biggest public demonstration in the country since the famous ‘bread riots’ which occurred exactly 34 years ago.

Tunisian Foreign Minister resigns

Tunisia’s Foreign Minister Kamel Morjane has resigned from the embattled country's new interim government, according to state TV, in the wake of street demonstrations who demand the removal of any ally of former President Zine al-Abidine Ben Ali from the new regime.
JPMorgan Chase & Co CEO Dimon speaks at the Stanford Institute for Economic Policy Research at Stanford University in Palo Alto

Dimon defends bankers at Davos

Jamie Dimon, the chief executive officer of JP Morgan Chase (NYSE: JPM) defended the banking industry during a question-and-answer session with the media at a symposium at the world economic forum in Davos, Switzerland.
Uranium

Russia says awaiting Iranian response on fuel swap

Global powers seeking to ensure Iran does not develop nuclear weapons are still hoping for a response from Tehran to a fuel swap proposal seen as a step towards ending the persistent standoff, Russia said on Thursday.

New scandal documents pile pressure on Berlusconi

Prime Minister Silvio Berlusconi faced more pressure to resign on Thursday after magistrates issued new documents with fresh details of erotic parties, some with under-age girls, and of his gifts to participants.
Former Liberian President Charles Taylor sits in the courtroom of the International Criminal Court (ICC)

Taylor lawyers to use US cables in court challenge

Defence lawyers for former Liberian President Charles Taylor, on trial for war crimes, won the right to use leaked U.S. cables as evidence to challenge the Sierra Leone war crimes court's independence and impartiality.

Car bomb at Iraq funeral wake kills at least 35

A car bomb exploded at a funeral wake in a Shi'ite area of Iraq's capital on Thursday, killing at least 35 people, wounding dozens and triggering clashes between angry residents and police, health and security sources said.

ElBaradei to return as Egypt unrest enters third day

Egyptian police fought protesters in two cities in eastern Egypt on Thursday and Nobel Peace Prize winner Mohamed ElBaradei headed back to the country to join demonstrators trying to oust President Hosni Mubarak.
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Kenyan central bank surprises with rate cut

Kenya's central bank cut its benchmark lending rate on Thursday for the first time since July, in a surprise move seen as a bid to curb rising Treasury bill and bond yields.
U.S major Chevron Corp's Kuito oilfield in Angola

Nigerian oil output at 2.4 mbpd, within quota-NNPC

Nigeria's combined crude oil and condensate production is currently 2.4 million barrels per day (bpd) but output from Africa's largest crude exporter still remains within its OPEC quota, the state oil company says.
Nelson Mandela

Mandela hospitalized, doctors say for respiratory trouble

Former South African President Nelson Mandela was flown from Cape Town to Milipark Hospital early this week where apparently Routine tests were being conducted but a beeline of his relatives from grandchildren to great-grandchildren raised eye brows about the health of the 92-year-old anti-apartheid hero.

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