| Study Finds Number Of Global Millionaires Grows To 8.7 Million Updated:20 June 2006 |
| A new study reveals the increasing ease of becoming a millionaire, with the announcement that the ranks of world millionaires had swelled to 8.7 million last year-half a million more than the population of New York City. A study by Merrill Lynch and consultancy Capgemini found that millionaires also invested more aggressively, pouring cash into emerging markets and pulling it out of fixed income holdings, as their wealth reached $33.3 trillion, more than double U.S. economic output.
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| Second Bus Service Links Divided Kashmir Updated:20 June 2006 |
| In a fresh attempt to link the divided parts of Kashmir, the Indian and the Pakistani governments have introduced a second bus service. Connecting the areas of Poonch and Rawalkot, this bus shall run after a gap of 58 years.
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| Taylor Leaves For Trial At The Hague Updated:20 June 2006 |
| The U.N.-backed tribunal in Sierra Leone on Monday announced former Liberian leader Charles Taylor had left Sierra Leone ahead of his trial at The Hague. A U.N. helicopter transferred Taylor from his cell to Freetown's airport from where he was flown off to The Netherlands.
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| Two Children Dead From Israeli Airstrike Updated:21 June 2006 |
| Two children were killed when Israeli aircraft fired missiles at a car in the Jebaliya Refugee Camp, which is the largest refugee camp in Gaza.
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| Saddam Defense Lawyer Killed Updated:21 June 2006 |
| Iraqi officials say one of Saddam's main defense lawyers has been shot to dead. According to the statement, police found Khamis al-Obeidi's body in Sadr city several hours after he was kidnapped from his Baghdad residence on Wednesday.
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| Update: Indonesian Floods Kill 85 Updated:21 June 2006 |
| The floods and landslides that hit the Indonesian Island of Sulawesi are said to have killed at least 85 people. Many more are still missing following two days of heavy rain that sparked the massive floods. People are feared to be buried under the mud, as rescue teams scramble to try to find them.
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| Indonesian Floods Leave Many Dead Updated:21 June 2006 |
| Floods and landslides have reportedly killed at least 65 people on the island of Sulawesi off Indonesia. Two days of heavy rain have caused major flooding in South Sulawesi province.
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| N. Korea Seeks Talks With U.S. Over Missile Launch Updated:21 June 2006 |
| A day after it announced the right to test-fire a long range missile, N. Korea has asked for direct talks with the United States concerning the issue. Intelligence reports have confirmed fuelling of a long-range missile in N. Korea that could reach U.S. terriotory. U.S. and Japan have proposed sanctions anticipating the launch. The UN Security Council is also preparing retaliatory measures should there be a missile launch.
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| Cuban Official Sentenced To 12 Years In Jail For Misappropriation Of Influence Updated:21 June 2006 |
| A Communist party official was sentenced to 12 years in prison for using influence to obtain benefits, the party said Wednesday. Juan Carlos Robinson Agramonte, who was expelled from his position of secretary for the Santiago Province in April, pleaded guilty to influence-peddling in a trial in Havana on Friday.
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| Saddam And 7 Co-Defendants Go On Hunger Strike Updated:21 June 2006 |
| Saddam Hussein's chief lawyer says Saddam and his seven co-defendants went on a hunger strike Wednesday to protest the killing of an attorney on the defense team. Saddam's lawyer, Khalil al-Dulaimi tells the AP, "President Saddam and other members of his leadership went on a hunger strike today to protest the killing of Khamis al-Obeidi," adding that, "They pledged not to end the strike until international protection is provided to the defense team."
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| Oslo To Ban Muslim Headdress In Schools Updated:21 June 2006 |
| Adding to the list of European countries, the Norwegian capital also plans to ban the Muslim headdress in Oslo's schools. Oslo's city council have been told by lawyers at the Ministry of Education that the ban wouldn't be illegal under Norwegian law.
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| Bush Warns North Korea Against Missile Test Updated:21 June 2006 |
| U.S. President George Bush is warning North Korea against testing a long-range missile, saying the communist country must live up to its agreements to work towards peace. President Bush says, "The North Koreans have made agreements with us in the past, and we expect them to keep their agreements."
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| Despite Progress, Maoist Rebels In Nepal Refuse To Disarm Updated:21 June 2006 |
| Despite recent political progress in limiting the power of the King, and forming an interim, coalition parliament, Maoist rebels in Nepal will not disarm. The rebel group demands to see successful elections for a new legislative body to develop a new Nepalese constitution, before they surrender their weapons.
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| Pakistani Military Helicopter Crashes Killing One Updated:21 June 2006 |
| A Pakistani military helicopter crashed into a dam, killing one army officer, three others are missing. The crash occured about 10 kilometers west of the city of Bannu, in the Islamabad region.
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| Another Saddam Defense Lawyer Murdered Updated:21 June 2006 |
| One of Sadaam Hussein's main lawyers was shot to death on Wednesday after he was kidnapped from his home by men wearing police uniforms. This is the third murder of a member associated with Hussein's defense team since the trial began eight months ago.
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| ADB Loans $230 Million To Bangladesh Updated:22 June 2006 |
| The Asian Development Bank (ADB) has authorized loans amounting to 230 million dollars for a natural gas pipeline project in Bangladesh.It will be borrowed at prevailing market rates and a five million-dollar soft loan.
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| Israeli Air Strike Kills A Palestinian Woman Updated:21 June 2006 |
| In a fresh series of attack against the Gaza militants, the Israeli air strike killed one woman and injured 13 other Palestinians. One pregnant woman and four children are amongst those hurt in the air strike on June 21.
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| Tamil Tigers To Uphold Truce In Sri Lanka Updated:21 June 2006 |
| The Sri Lankan Tamil Tiger rebels informed peace broker Norway that they will uphold the troubled ceasefire, but the fate of the European Union member states in the monitoring mission was up for review. The rebel Liberation Tigers of Tamil Eelam (LTTE) said in a written message to the Norwegians that they will abide by the truce and support the peace process.
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| Asian Anti-Piracy Campaign To Begin In September Updated:22 June 2006 |
| Eleven Asian countries have signed and approved an agreement to fight piracy throughout the region. It will take effect in September. The Singapore ministry says it is "the first regional government-to-government agreement to combat piracy and armed robbery against ships in Asia."
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| Death Toll Of Indonesian Flood Rises Updated:22 June 2006 |
| The death toll in the flash floods that struck the Indonesian province of South Sulawesi is now up to 160 people. Those numbers could go even higher, as rescue teams continue to discover bodies.
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| World Bank's $200M Loan To Help Philippine Education Updated:22 June 2006 |
| The World Bank (WB) has endorsed the release of a $200 million loan to remedy the flagging quality of elementary and secondary education in the Philippines. The loan will be repayed over 20 years.
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| India To Negotiate Border Control Issues With China Updated:22 June 2006 |
| In order to take forward the talks between the two countries on the border control issues, India's special representative MK Narayanan will visit Beijing on June 26.
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| N.Korea Talks Scrapped: Japan Sends Ships Updated:22 June 2006 |
| Though North Korea asked for talks with the U.S. concerning missile testing, President Bush has rejected the offer. The United States said that threats are not a way of resolving conflict.
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| According To A New Poll Leftist Poised To Win Mexico City's Mayoral Race Updated:22 June 2006 |
| According to a recent poll on June 21, Mexico's leading leftist party, will easily secure the win for the mayoral race in the capital city, despite falling support and low voter turnout.
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| Israeli PM Apologizes For Palestinian Deaths Updated:22 June 2006 |
| During a meeting with Palestinian President Mahmoud Abbas Thursday, Israeli Prime Minister Ehud Olmert apologized for the deaths of Palestinian civilians in recent Israeli army air strikes. The two leaders met at an informal breakfast with Jordan's King Abdullah II.
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| Major Factions In Somalia Agree To Halt Military Advance Updated:22 June 2006 |
| Two two main factions in Somalia have agreed to end offensive military campaigns, a key breakthrough reached by peace talks being held in Sudan. Both the government and the rebel group, the Union of Islamic Courts, that has seized control of the capital, have agreed to the deal.
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| Two Top Officials Resign At The Vatican Updated:22 June 2006 |
| Pope Benedict XVI has accepted the resignation of Cardinal Angelo Sodano, and will appoint Cardinal Tarcisio Bertone S.D.B., the archbishop of Genova, Italy, as the new secretary of State. According to the Vatican, the Holy Father, in accordance with Canon 354 of the Code of Canon Law, has accepted the resignation of Cardinal Sodano, requesting him, nonetheless, to remain in office until September 15, 2006, with all the faculties inherent to that role.
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| Coalition Raids Terrorist Cave Compound In Afghanistan Updated:22 June 2006 |
| Afghan and Coalition forces have raided a "known enemy compound" in Afghanistan. According to the Pentagon, "elements of the 1st Kandak, 1st Brigade, 205th Afghan National Army Corps, supported by coalition forces, raided a compound in the Bagh-e Yosof Village, killing eight extremists and capturing six others."
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| Kanishka Hearings Begin Again Updated:22 June 2006 |
| Nearly 21 years after the worst terror attack took place on its soil, the Canadian authorities have launched a second judicial inquiry into the Air India's Kanishka's bombing. Earlier all accused were acquitted.
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| Coalition To Return First Full Province Back To Iraqi Forces Updated:22 June 2006 |
| When Coalition forces leave the Muthanna province, it will be the first section of Iraq to be responsible for its own security since the fall of the Hussein regime. According to the Pentagon, on June 19, Iraqi Prime Minister Nouri al-Maliki announced the withdrawal of all coalition troops from the province. This includes British, Australian and Japanese troops.
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