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Eurozone unemployment rate hit a new high of 18.49 million in September

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Eurozone unemployment rate hit to a new high of 18.49 million in September, the EU statistics agency has said. The number of people out of work rose by 146,000, pushing the unemployment rate up to 11.6%. This compares with 10.3% a year earlier. The highest unemployment rate was recorded in Spain, where 25.8% of the workforce is out of a job, and the lowest of 4.4% was recorded in Austria. In Spai...

Russia has revealed that its preliminary budget for holding the 2018 World Cup is almost twice

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Russia has revealed that its preliminary budget for holding the 2018 World Cup is almost twice what it projected when it won the bid in 2010. Sports Minister Vitaly Mutko announced a budget of 600 billion roubles ($19 billion), nearly 40% of which will go into building or renovating stadiums. The rest of the money will be spent on transport and hotel infrastructure. Russia beat off rival bids fro...

Spain's banks will need an injection of 59.3 billion euros to survive a serious downturn

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According an independent audit, Spain’s banks will need an injection of 59.3 billion euros ($76.3 billion) to survive a serious downturn. The amount is broadly in line with market expectations of 60 billion euros, and follows so-called stress tests of 14 Spanish lenders. Much of the money is expected to come from the eurozone rescue funds, the current EFSF and the future ESM. Spain said in...

Police have fired tear gas in Greece to disperse anarchists throwing petrol bombs near parliament in Athens

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Police have fired tear gas in Greece to disperse anarchists throwing petrol bombs near parliament in Athens. Dozens were arrested during the one-day strike against planned spending cuts of 11.5 billion euros ($15 billion). It was the first union-led action since a conservative-led coalition came to power in June. The savings are a pre-condition to Greece receiving its next tranche of bailout fund...

Eurozone finance ministers are to hold a conference call to discuss a bailout for Spanish banks

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Eurozone finance ministers are to hold a conference call to discuss a bailout for Spanish banks. EU sources say Madrid could formally request financial assistance for its troubled banks this weekend. So far Spain has denied reports that an announcement on a European rescue plan for its banks is close. The International Monetary Fund (IMF) is estimating that Spain’s banks need a cash injecti...

Ximena Navarette (Mexico), Miss Universe 2010, crowns Leila Lopes (Miss Angola) as Miss Universe 2011

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The 60th annual Miss Universe Pageant crowned its winner Miss Angola on September 12 in São Paulo, Brazil. Miss Ukraine (Olesia Stefanko) was First Runner Up, followed by Miss Brazil (Priscila Machado), Miss Philippines (Shamcey Supsup) and Miss China (Luo Zilin).   Ximena Navarette (Mexico), Miss Universe 2010, crowns Leila Lopes (Miss Angola) as Miss Universe 2011   Miss Angola, Leila...

Helen Tamaki is the second woman who dies from East River helicopter crash

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Helen Tamaki is the second person who died from injuries suffered in the crash of a helicopter that plunged into the East River off of Midtown Manhattan with five people onboard last Tuesday. On October 4, Sonia Marra had organized the doomed flight over Manhattan’s skyline to celebrate her 40th birthday with her parents, who now live in Portugal, and her partner, Helen Tamaki. Helen Tamaki, 43,...

Silvio Berlusconi, who survived a lost his parliamentary majority in a vote on Tuesday, promised to resign after the austerity measures are passed by both houses of parliament

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The lower house of Italy’s parliament voted in favour of austerity measures package demanded by the EU and designed to restore markets’ confidence in the country’s economy. Silvio Berlusconi has promised to resign as prime minister after the vote is passed. A technocrat government led by ex-EU commissioner Mario Monti seems likely. The Senate on Friday backed the plan, which inc...

Nexium

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AstraZeneca today announced that AXANUM, a fixed dose combination of 81 mg low-dose ASA (acetylsalicylic acid) and 20 mg esomeprazole (Nexium), has received positive agreement for approval in 23 European Union member countries and in Norway.  [googlead tip="lista_mare" aliniat="stanga"] AXANUM once-daily pill is a combination of low-dose ASA 81mg and esomeprazole 20mg. Esomeprazole, which is the...

S&P cut Italy's government debt rating from A+/A-1+ to A/A-1 and said country's economic growth prospects were getting weaker, with planned reforms by the government not expected to help much

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Standard and Poor’s dropped Italy’s credit rating from A+ to A, with the ratings agency keeping the country’s outlook on negative in a surprise move that may add to contagion fears in the debt-stressed eurozone. Silvio Berlusconi swiftly attacked S&P, claiming the Standard and Poor agency’s action was “dictated more by newspaper stories than by reality”. S&...

ECB has decided to cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone's economy

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The European Central Bank (ECB) has decided to cut its benchmark interest rate to a new record low amid ongoing worries about the eurozone’s economy. The widely-expected cut to 0.50% from 0.75% is the first in 10 months. Worries about eurozone economies were underlined on Thursday with data showing manufacturing activity across the 17-nation bloc shrank in April. In Germany, the eurozone...

Silvio Berlusconi has resigned as Italian prime minister

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Silvio Berlusconi has resigned as Italian prime minister. President Giorgio Napolitano is likely to accept his offer and appoint Mario Monti, a technocrat, as his successor. Silvio Berlusconi lost his majority amid an acute debt crisis that threatens the eurozone. He promised to go once MPs had approved new austerity mesasures. Silvio Berlusconi is Italy’s longest-serving post-WWII PM ̵...

Guinea-Bissau's leader Malam Bacai Sanha has died at 64 in hospital in Paris

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Guinea-Bissau’s leader Malam Bacai Sanha has died at 64 in hospital in Paris, national radio reports. President Malam Bacai Sanha had travelled to France for medical treatment in late November after being taken seriously ill. He was the president of Guinea-Bissau since 8 September 2009. A member of the African Party for the Independence of Guinea and Cape Verde (PAIGC), Malam Bacai Sanhá wa...

With 10 themed chapters ranging from best breakfasts to local food, Hattie Ellis explains how to eat both healthily and responsibly, without losing the joy of eating

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Modern-day eating has become a minefield, says award-winning food journalist Hattie Ellis in her new book, What to Eat? 10 chewy questions about food. Hattie Ellis navigates modern food conundrums, simplifying the landscape of how to eat well and with a conscience, and successfully sorts the wheat from the chaff (at one point quite literally when she explores flour milling and bread), interviewin...

A witness claimed a blonde girl identical to Madeleine McCann was seen at a campsite in Spain just three days after the British toddler went missing five years ago

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A witness claimed a blonde girl identical to Madeleine McCann was seen at a campsite in Spain just three days after the British toddler went missing five years ago. The groggy-looking blonde girl appeared alienated from the German family she was staying with at the resort on the Costa del Sol, according to a witness. The potential sighting came three days after Madeleine McCann was abducted from...

King Juan Carlos of Spain has come under fire for hunting elephants in Botswana as his country is being sucked back into the eurozone's financial crisis

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King Juan Carlos of Spain has come under fire for hunting elephants in Botswana as his country is being sucked back into the eurozone’s financial crisis and one in two youngsters are jobless. Spanish media have slammed King Juan Carlos, 74, for the reported 32,000 Euros ($43,000) cost of the trip – and have published angry editorials alongside pictures of a previous “Big Game” hunting...

Paul K. Martin, NASA's inspector general, has told US lawmakers that hackers gained "full functional control" of key agency’s computers in 2011

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Paul K. Martin, NASA’s inspector general, has told US lawmakers that hackers gained “full functional control” of key agency’s computers in 2011. Paul K. Martin said hackers took over Jet Propulsion Laboratory (JPL) computers and “compromised the accounts of the most privileged JPL users”. He said the attack, involving Chinese IP addresses, was under investigation. In...

Iran decided to stop oil sales to UK and France

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Iran has stopped oil sales to UK and France, the nation’s oil ministry has announced. A spokesman was reported as saying on the ministry’s website that Iran would “sell our oil to new customers”. European Union member states had earlier agreed to stop importing Iranian crude from 1 July. The move is intended to pressure Tehran to stop enriching uranium, which can be used f...

A poll of more than 570,000 people across the globe has revealed non-Americans want Barack Obama to remain President of the United States

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A poll of more than 570,000 people across the globe has revealed non-Americans want Barack Obama to remain President of the United States. The research, conducted across 36 countries outside the US, revealed 81% were in favor of Barack Obama spending another four years in office. And only 19% preferred his Republican challenger Mitt Romney, according to the findings from MSN. Interestingly, the o...

Spain's economy minister Luis de Guindos has dampened speculation that the country is about to seek a bailout of its bank sector

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Spain’s economy minister Luis de Guindos has dampened speculation that the country is about to seek a bailout of its bank sector. Luis de Guindos said no decision would be made until audits of the banks were completed, possibly by the end of June. There have been reports in the past few days that Spain was seeking an immediate bailout from eurozone funds. Luis de Guindos was speaking in Bru...

Madeleine McCann, of Rothley, Leicestershire, was 3-year-old when she went missing in Portugal in May 2007

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According to British police, the timeline and “accepted version of events” surrounding Madeleine McCann’s disappearance have significantly changed. The Metropolitan Police said a BBC Crimewatch appeal to be aired on Monday would feature “the most detailed reconstruction” of the case yet. It will also broadcast e-fits of a number of men police want to find. Madeleine...

Spain is to consider changing time zones by an hour after a report said this would improve eating, sleeping and working habits

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Spain is to consider changing time zones by an hour after a report said this would improve eating, sleeping and working habits. The document by a parliamentary commission said that “Spain for more than 71 years has not been in the correct time zone”. In 1942, the Spanish dictator General Franco moved Spain onto Central European Time to follow Nazi Germany. Spain is to consider changi...

This year’s final penumbral lunar eclipse is set to take place on Friday, October 18

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This year’s final penumbral lunar eclipse is set to take place on Friday, October 18, when the moon will appear much dimmer and redder than normal. The lunar eclipse will be visible to people living in Europe, Africa, the Americas and parts of Asia just before midnight GMT. The partial lunar eclipse will be visible Friday into Saturday night for those living from eastern Canada and the upper Nor...

The rare solar eclipse that began as a ring of fire and transformed into a spectacular total eclipse of the sun amazed skywatchers from North America to Africa

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A rare solar eclipse that began as a “ring of fire” and transformed into a spectacular total eclipse of the sun amazed skywatchers from North America to Africa on Sunday, November 3. The celestial event was a rare hybrid solar eclipse, which began over the Atlantic Ocean as an annular eclipse and transitioned into a full total solar eclipse for observers along the narrow path of total...

German carmaker Volkswagen says its group sales hit a record high last year despite slowing sales in Western Europe

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German carmaker Volkswagen says its group sales hit a record high last year despite slowing sales in Western Europe. Volkswagen sold 9.07 million cars last year, up 11% from 2011. Sales in North America and Asia-Pacific rose 26.2% and 23.3% respectively, helping to offset a 6.5% drop in sales in Western Europe, excluding Germany where sales were up 1.9%. Volkswagen said it was optimistic for this...