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Reuters: Ukraine’s Vitaly Klitschko retained his WBC world heavyweight title on Saturday when the referee stopped the contest against Manuel Charr in the fourth round after the German sustained a deep cut above his right eye. The 41-year-old Klitschko controlled the fight in the first three rounds, keeping his previously undefeated opponent at bay with ...

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Reuters: President Barack Obama asked Americans on Thursday for patience in rebuilding the weak economy as he appealed for a new term in office and defiantly rejected Republican Mitt Romney’s proposals for growth as heartless. Accepting the presidential nomination at the Democratic National Convention, Obama gave a more down-to-earth follow-up to his 2008 “hope and ...

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Playing off India against China and vice versa‘The Great Game’ was the name given to a diplomatic and military tussle between the British and Russian empires during the time of the British Raj in India for influence over what constitutes today’s central Asian states. Commonly known as the ‘Stan states,’ they were located along the ...

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Reuters: Swimmer Michael Phelps won his 17th Olympic medal to take him closer to the all-time mark, but his U.S. freestyle relay team were upstaged by France as records fell in the pool on Sunday’s second day of competition at the London Games. South Africa’s Cameron Van der Burgh and American Dana Vollmer set world ...

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The Tourism Authority of Thailand has unveiled a series of strategies designed to maintain, enhance and promote Thailand’s brand image, marketing profile and visitor arrivals. TAT has set a 2013 target of 22.22 million international visitor arrivals, generating estimated foreign exchange revenues of 966 billion Baht (US$ 30.62 billion, based on the exchange rate of ...

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Reuters: Holders Spain set up a European Championship semi-final with Iberian rivals Portugal after an uninspiring 2-0 win over France on Saturday which featured yet another headed goal but prompted boos from a sometimes bored crowd. The tournament has generally been graced by high quality, exciting soccer so far but for all Spain’s skill at ...

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Reuters: Cool-headed Germany extended their Euro 2012 winning streak to reach the last eight with a solid 2-1 victory over Denmark on Sunday as two goals from an inspired Cristiano Ronaldo put Portugal through and sent the Dutch packing. Lukas Podolski marked his 100th appearance for Germany with a 19th-minute goal in Lviv, before Michael ...

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Reuters: China put its first woman into orbit on Saturday, one of three astronauts to attempt a critical space docking in the latest challenge for the country’s ambitious space program. A Long March rocket blasted off in the early evening from the remote Jiuquan Satellite Launch Centre in the northwestern Gobi Desert, carrying with it ...

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Reuters: Spain will try to become the first team to win three successive major international titles while Germany will hope to lift their first trophy since 1996 when Euro 2012 kicks off on Friday. The backdrop of the three-week tournament being staged by Poland and Ukraine across a vast stretch of eastern Europe has already ...

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Reuters: An unmanned rocket owned by privately held Space Exploration Technologies blasted off from Cape Canaveral Air Force Station on Tuesday for a mission designed to be the first commercial flight to the International Space Station. The 178-foot (54-meter) tall Falcon 9 rocket lifted off at 3:44 a.m. (0744 GMT) from a refurbished launch pad ...

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News Butterfly, the unique TV programme from the US’ FOX news network, is now filming in Colombo for an exclusive segment on Sri Lanka’s new upswing. News Butterfly Market Place (NBMP) is described as a ‘unique women’s movement on TV’. According to NBMP, ‘the programme is a TV Channel venture for beautiful and talented women ...

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Can clothes, fashion accessories and makeup make a country look democratic?Dictators have begun to dress up their autocratic regimes in the manner of democracies with all the mod cons that help to pass off a system of government, which is for all purposes a dictatorship, as a five-star democracy. This in the manner that a ...

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NEW YORK (Reuters): Mexican tycoon Carlos Slim retained his position atop Forbes magazine’s annual list of the world’s billionaires on Wednesday with an estimated worth of $ 69 billion, while his Mexican rival Ricardo Salinas Pliego enjoyed the largest increase in wealth. Microsoft Corp cofounder Bill Gates ranked second at $ 61 billion and Warren ...

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Benito Mussolini, the fascist ruler of Italy, during World War II, said that his brand of fascism ‘should be more appropriately called Corporatism, because it is a merger of state and corporate power’. Compare this with the dictionary definition of capitalism: ‘A system in which a country’s business and industry are controlled and run for ...

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Reuters: Iran, facing sanctions that could cripple its oil exports, has told world powers it wants to resume long-stalled talks with “new initiatives”, and France said it might be open to addressing suspicions about its nuclear programme. Tehran made the offer in a letter to the EU’s foreign policy chief obtained by Reuters on Thursday, ...

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The Visible Hand of the government ‘The Visible Hand’ was the title which the famed London-based economics weekly, The Economist, used when it published a special report in its issue on 21 January 2012 on the rise of state capitalism in the modern era. The title has a pun: The governments do not care to ...

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Reuters: Tens of thousands of flag-waving and chanting protesters called on Saturday for a disputed parliamentary election to be rerun and an end to Vladimir Putin’s rule, increasing pressure on the Russian leader as he tries to win back the presidency. The protesters shouted “Russia without Putin” and “New elections, New elections” as one speaker ...

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U.S. presidential election all about the economy First bin Laden, now Iraq Obama shows he can answer the “3 a.m. call” WASHINGTON  (Reuters): President Barack Obama delivered on another foreign policy promise on Friday with plans to pull the last U.S. troops from Iraq. But in a re-election campaign all about the weak U.S. economy, ...

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Reuters: Arab foreign ministers stopped short of suspending Syria from their regional organisation on Sunday over its military crackdown on dissent, instead urging the government and opposition to negotiate an end to the violence. “We will call all of the parties of the opposition and government to hold a dialogue within 15 days,” the League’s ...

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Reuters: Adidas will invest more in toning shoes, confident that customers will continue to buy even after the U.S consumer watchdog raised doubts over their health benefits, the German group’s chief executive said this week. “We haven’t seen a slump in sales,” Herbert Hainer told journalists in Moscow. Adidas unit Reebok last month agreed to ...

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Mismanagement in sports administrationThe role of oligarchs in sports administration, national, regional and international, is not solely a South Asian phenomenon, it is a worldwide cancer. Anyone who has worked in the sports sector in South Asia would have come up against this debilitating factor. It is all pervasive and endemic. Once at a South ...

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To say that the Wallabies had an off day against the Irish would be an injustice to the Irish. From the outset the Irish had a game plan and that was to deny the Aussie backs good clean ball. They executed this plan to perfection and Man of the Match Healy, ably assisted by the ...

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Establishing a landmark in Sri Lanka’s aviation history, SriLankan Airlines’ makes its maiden flight to the historic city of Moscow, commencing a twice-weekly scheduled service between Colombo’s Bandaranaike International Airport (BIA) and Moscow’s Domodedovo Airport on 17 September 2011. Religious observances by dignitaries of the four religions in Sri Lanka will invoke bl...

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The Cyprus Tourism Organisation (CTO) has launched a new campaign with a budget of 19 million euros ($26.7 million) designed to boost international tourism to Cyprus this year. According to Alecos Orountiotis, CTO chairman, the “Cyprus in Your Heart” campaign will promote Cyprus’ history and culture, friendliness and hospitality, its mix of modern and contemporary ...

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Reuters: England piled more misery on India with a thrilling six-wicket victory in a one-off Twenty20 match at Old Trafford on Wednesday. After losing the test series 4-0, India started brightly in the shortest version of the game and racked up 165 all out, only to see England reach their target with three balls to ...

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Reuters: Novak Djokovic faces the daunting prospect of possibly having to beat Roger Federer and Rafa Nadal to win the U.S. Open for the first time and end the year as the world number one. The Serbian has already won this season's Australian Open and Wimbledon titles and is the overwhelming favourite to win the ...

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A son of Muammar Gaddafi, previously reported captured, made a surprise appearance with jubilant supporters in Tripoli overnight, urging loyalists to fight off rebels who say they control most of the Libyan capital. Saif al-Islam, seen as his father’s chosen successor, visited the Tripoli hotel where foreign journalists are staying to declare that the government ...

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Reuters: A Russian state company plans to start mass production next year of cheap plastic-based tablet computers for school students which it says will rival Apple Inc’s iPad. Anatoly Chubais, an architect of Russian market reform and a head of technology conglomerate Rosnano, told Prime Minister Vladimir Putin the new computer would cost about $420 ...

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A high level delegation from Russian oil and natural gas giant Gazprom led by its Director General Gulev Valeriy this week met Minister of Economic Development Basil Rajapaksa at his office in order to discuss investment opportunities, especially in the oil exploration in the Mannar and Cauvery Basin, natural gas market as well as tourism ...

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By an Independent Analyst The State Assembly of Tamil Nadu (TN) passed a resolution on 8 June 2011, requesting the Indian Central Government to push the international community against Sri Lanka towards imposition of ‘economic sanctions’.  The resolution at the TN assembly moved by Jayalalitha as the Chief Minister passed unanimously with the ruling party ...

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