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EU debt crisis hits world markets

Markets across the world have faltered as a sharp downgrade of Ireland's credit rating and concerns over other EU countries' debt spooked investors.The FTSE...

Mugabe vows to fight against West

Zimbabwe's president Robert Mugabe has said he will retaliate against Western economic curbs imposed on his party.Measures would include seizing foreign-owned businesses and mining...

CIA spy chief pulled from Pakistan

The CIA has pulled its top spy out of Pakistan after threats were made against his life, according to officials.A Pakistani lawsuit has accused...

Royal Mail posts stamp price hike

The price of a first class stamp is to increase by 5p to 46p and by 4p to 36p for second class next April,...

Barclays speeds up handover process

Barclays will begin 2011 with a new boss after the banking giant brought forward the start date for American-born banker Bob Diamond.The company said...

Bankers 'to escape new bonus rules'

Most financial institutions in the UK will be able to escape strict European rules aimed at curbing bankers' bonuses under a new code issued...

Bank jitters weigh on FTSE 100

Banking stocks pulled the London market lower as investors were again spooked by deepening European debt woes.Ireland's credit rating was slashed from Aa2 to...

Japan's defence focuses on China

Japan is to refocus its defence strategy to counter the rise of China, new guidelines revealed.It will boost its armed forces after the cabinet...

US 'feared India's weapon security'

US officials fear terrorists could take advantage of lax security at Indian laboratories to launch attacks with biological weapons, according to comments in a...

Poland slams Russia's crash report

Poland has rejected as "unacceptable" Russia's draft report on the causes of a plane crash that killed the Polish president.Prime minister Donald Tusk criticised...

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