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Dubai growing at five percent pace: economy tsar

Buildings under construction in Dubai. The Dubai economy is growing at a five percent rate, less than in previous years but ahead of the most cautious forecasts, the head of a government economic committee said on Friday.
AFP - Saturday, November 21

DUBAI (AFP) - - The Dubai economy is growing at a five percent rate, less than in previous years but ahead of the most cautious forecasts, the head of a government economic committee said on Friday. More »

  • Workers pack roses for export on a farm in Naivasha, northwest of Nairobi. Leaders of the five-member East African Community bloc have signed a common market treaty to allow free trade, movement and right of residence, the first of its kind on the continent.

    East Africa trade bloc inks common market treaty

    AFP - Saturday, November 21

    ARUSHA, Tanzania (AFP) - - Leaders of the five-member East African Community bloc on Friday signed a common market treaty to allow free trade, movement and right of residence, the first of its kind on the continent.

  • Russian Prime Minister Vladimir Putin (R) exchanges documents with Ukrainian Prime Minister Yulia Tymoshenko in Moscow in April 2009. Putin announced late Thursday a compromise deal with Ukraine on the thorny issue of gas supply, lessening the threat of multibillion-dollar fines that might cripple Ukraine's economy.

    Russia, Ukraine reach gas compromise deal: Putin

    AFP - Friday, November 20

    YALTA, Ukraine (AFP) - - Russian Prime Minister Vladimir Putin announced late Thursday a compromise deal with Ukraine on the thorny issue of gas supply, lessening the threat of multibillion-dollar fines that might cripple Ukraine's economy.

  • UN Climate chief Yvo de Boer attends a press conference on November 2. Efforts to craft a comprehensive climate treaty in Copenhagen next month will certainly

    Copenhagen summit will be 'success': UN climate chief

    AFP - Friday, November 20

    UNITED NATIONS (AFP) - - Efforts to craft a comprehensive climate treaty in Copenhagen next month will certainly "yield a success," the UN's top climate official pledged on Thursday.

  • Two corncobs are seen in a corn field ready to be harvested.

    Scientists uncover corn's full genetic code

    AFP - Friday, November 20

    WASHINGTON (AFP) - - A team of US scientists has uncovered the complete genetic code of corn, a discovery that promises to speed development of higher yielding varieties of one of the world's most important food crops.

  • Stem cell cultures are held up at a lab. Embryonic stem cell therapy got a step closer to the clinic Thursday after US researchers said they filed a request for government approval of human trials.

    Embryonic stem cell therapy closer to human trials

    AFP - Friday, November 20

    CHICAGO (AFP) - - Embryonic stem cell therapy got a step closer to the clinic Thursday after US researchers said they filed a request for government approval of human trials.

  • The World Health Organisation said checks on many of the 30 deaths recorded following mass pandemic flu vaccinations had so far ruled out a direct link to the vaccines.

    WHO plays down 'swine flu vaccination deaths'

    AFP - Friday, November 20

    GENEVA (AFP) - - The World Health Organisation said on Thursday that checks on many of the 30 deaths recorded following mass pandemic flu vaccinations had so far ruled out a direct link to the vaccines.

  • The British government borrowed a record 11.4 billion pounds (12.8 billion euros, 19 billion dollars) in October, official data showed on Thursday.

    UK public sector borrowing hits record £11.4 bln

    AFP - Friday, November 20

    LONDON (AFP) - - The British government borrowed a record 11.4 billion pounds (12.8 billion euros, 19 billion dollars) in October, official data showed on Thursday.

  • The headquarters of US investment bank JP Morgan Chase in New York. The financial group is set to unveil a one-billion-pound (1.67-billion-dollar, 1.12-billion-euro) deal to buy 190-year-old London stockbroker Cazenove, a newspaper has said.

    JP Morgan to take over Cazenove: report

    AFP - Thursday, November 19

    LONDON (AFP) - - US investment bank JP Morgan Chase will later Thursday unveil a one-billion-pound (1.67-billion-dollar, 1.12-billion-euro) deal to buy 190-year-old London stockbroker Cazenove, a newspaper said.

  • Former Danish fashion model and photographer Helena Christensen poses at the launch of her new exhibition of photographs highlighting the threat of climate change on people living in Peru, in central London.

    Model Helena Christensen examines climate change in Peru

    AFP - Thursday, November 19

    LONDON (AFP) - - Supermodel-turned-photographer Helena Christensen urged politicians and world leaders to commit to real changes at the upcoming Copenhagen climate talks, as she launched a photo exhibition in London documenting climate change in Peru.

  • N.Korea nuke talks top Obama agenda in Seoul

    AFP - Thursday, November 19

    SEOUL (AFP) - - US President Barack Obama arrived in South Korea Wednesday on the last leg of his debut Asian tour, with North Korea's nuclear programme due to top the agenda after three days of negotiations in China.

  • A patient wears a mask in a waiting room of a hospital in August 2009. Resistance to antibiotics is increasing in Europe and throughout the world because of their excessive use, a deadly and costly curse according to health experts meeting in Stockholm Wednesday.

    Experts warn antibiotic-proof bacteria threaten global health

    AFP - Thursday, November 19

    STOCKHOLM (AFP) - - Resistance to antibiotics is increasing in Europe and throughout the world because of their excessive use, a deadly and costly curse according to health experts meeting in Stockholm Wednesday.

  • US chocolate maker Hershey and Italian peer Ferrero said Wednesday they are considering a bid for British confectioner Cadbury, in a move which would whip up a takeover war with Kraft Foods.

    Chocolate war looms as Hershey, Ferrero mull Cadbury bid

    AFP - Thursday, November 19

    LONDON (AFP) - - US chocolate maker Hershey and Italian peer Ferrero said Wednesday they are considering a bid for British confectioner Cadbury, in a move which would whip up a takeover war with Kraft Foods.

  • A bar of Cadbury's milk chocolate. Italian chocolate maker Ferrero said on Wednesday that it was mulling options on a possible counter-bid for British confectioner Cadbury, whose board rejected a hostile takeover offer by Kraft Foods.

    Ferrero says mulling options on Cadbury offer

    AFP - Thursday, November 19

    LONDON (AFP) - - Italian chocolate maker Ferrero said on Wednesday that it was mulling options on a possible counter-bid for British confectioner Cadbury, whose board rejected a hostile takeover offer by Kraft Foods.

  • A large pink ribbon hangs from the North Portico of the White House in October to mark Breast Cancer Awareness Month. Doctors and experts are in uproar over new recommendations to raise the age of breast cancer screening, warning more women will die from the disease which already claims some 40,000 lives each year.

    US anger at new age rules for breast cancer tests

    AFP - Wednesday, November 18

    WASHINGTON (AFP) - - Doctors and experts are in uproar over new recommendations to raise the age of breast cancer screening, warning more women will die from the disease which already claims some 40,000 lives each year.

  • More than 14,700 Americans with previously undisclosed offshore bank accounts have come forward to settle back taxes in response to an offer announced by US officials after having reached a settlement with Swiss banking giant UBS to reveal thousands of names of American clients.

    14,700 declare foreign accounts under US tax amnesty

    AFP - Wednesday, November 18

    WASHINGTON (AFP) - - More than 14,700 Americans with previously undisclosed offshore bank accounts have come forward to settle their back taxes after an amnesty offer, US officials said Tuesday.

  • A man shops at a grocery store in New York City. US producer prices rose 0.3 percent in October, government data showed Tuesday, highlighting tame inflation at the wholesale level.

    US wholesale prices up 0.3%% in October

    AFP - Wednesday, November 18

    WASHINGTON (AFP) - - US producer prices rose 0.3 percent in October, government data showed on Tuesday, highlighting tame inflation at the wholesale level.

  • Sarah Palins autobiography hits stores Tuesday.

    Sarah Palin pushes book - and possible comeback

    AFP - Wednesday, November 18

    NEW YORK (AFP) - - Sarah Palin, queen of the Republican right, was on a media blitz on Tuesday as her much-anticipated book hit stores and speculation about a 2012 White House run consumed political pundits.

  • Commuters queue for buses at Victoria station in central London. Britain's 12-month inflation rose to 1.5% in October, accelerating for the first time for eight months in line with market expectations, official data has shown.

    British inflation climbs 1.5%%: official data

    AFP - Wednesday, November 18

    LONDON (AFP) - - British 12-month inflation rose to 1.5 percent in October, accelerating for the first time for eight months in line with market expectations, official data showed on Tuesday.

  • Fed seeking to ensure strong dollar: Bernanke

    AFP - Tuesday, November 17

    WASHINGTON (AFP) - - The Federal Reserve is striving for a strong dollar to ensure financial stability, chairman Ben Bernanke has said in the face of growing complaints by China and others about the sliding greenback.