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Business
Difficlties go on despite financial assistance to Spain
<Nikkei Editorial on June 12> Member nations of European Union(EU) has decided to give Spanish Bank financial assistance of 100 billion Euro (about 10 trillion yen) at maxium. We welcome the decision, though belated, of removing the cause for concern on the part of the regional market. Despite the decision,…
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East Asia
UN Calls For Donation To Help Feed NK People
In this photo taken Sunday, April 8, 2012, North Koreans work near farming machinery next to a field on the outskirts of Pyongyang, North Korea. The United Nations has called for $198 million in donations for 2012 – mostly to help feed the hungry but also to invest in programs…
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Business
Legislature to vote on US beef amendments
The Legislative Yuan is scheduled to vote on the so-called beef amendments today. The Democratic Progressive Party (DPP) caucus said yesterday it’s staging an unprecedented 120-hour filibuster that could kill the package. If passed, amendments to Act Governing Food Sanitation would relax Taiwan’s zero-tolerance policy against U.S. beef imports containing…
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West Asia
Sunbather Floats on the Surface of Dead Sea
A sunbather floats on the Dead Sea in Israeli Dead Sea Hotels area on June 11, 2012. Israel’s Tourism Ministry announced Monday that 1.4 million visitors arrived in the months from January to May, 2012, 6 percent more than the same period of 2011 and 4 percent more than that…
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Business
Roundup: Wall Street unimpressed by Spain bailout
NEW YORK, June 11 (Xinhua) — U.S. stocks retreated on Monday and closed at session lows following a short rally as enthusiasm about the Spanish bank aid package faded. When the market closed, the Dow Jones industrial average fell 142.97 points, or 1.14 percent, to 12,411.23. The Standard & Poor’…
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South Asia
Earthquake Strikes Northern Afghanistan
An Afghan man mourns the death of relatives near the site after an earthquake hit Baghlan province, north of Kabul, Afghanistan, Monday, June 11, 2012. As many as 100 people are feared dead after an earthquake struck northern Afghanistan this morning. The governor of Baghlan province says the quake triggered…
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Column
UAE “Spain needs more than bailout”
<The Gulf News Editorial : June 11, 2012> Spain needs more than bailout Spain — the latest victim of a growing debt crisis in Europe — needs more than a bailout. The $125 billion (Dh459.75 billion) lifeline may give the country a reprieve, but that alone will not solve the…
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East Asia
Major news in China on Jun 12: New action plan will safeguard human rights
Top news in <China Daily>: New action plan will safeguard human rights China will enforce measures to prevent extortion of confession by torture and collecting evidence through illegal methods, said a government action plan released on Monday. The National Human Rights Action Plan of China (2012-15), published by the State…
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Central Asia
Major news in Russia on Jun 12: Culture Minister “Lenin Should Be Buried”
Top news in <Moscow Times>: Culture Minister “Lenin Should Be Buried” Encased in glass and covered to the waist with a blanket, Lenin’s body is still on display for members of the public, who shuffle through a dark underground chamber in the mausoleum illuminated by dim red-tinged lights. Culture Minister Vladimir…
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East Asia
Major news in Japan on Jun 12: Translating smartphone is boon for DoCoMo
Top news in <Japan Times>: Translating smartphone is boon for DoCoMo This month, NTT DoCoMo Inc. began its second trial of a translation service that converts Japanese into 10 languages — English, Korean, Chinese, German, French, Spanish, Portuguese, Italian, Thai and Indonesian — and vice versa. Japan’s biggest telecom carrier said…
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