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British sweet maker Cadbury said Monday it ordered a recall of China made chocolates over safety fears in the latest fallout from the ever widening scandal over tainted Chinese dairy products.
Cadbury orders recall as fallout from China milk crisis continues.
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Berlin has provided 57 billion Euros Lrb 69 billion dollars Rrb in guarantees for an emergency credit line by a consortium of private banks to German bank hypo real estate, a government spokesman said Monday.
Berlin provides 57 billion Euro guarantee for hypo real estate.
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Eu trade chief Peter Mandelson is proposing to keep anti dumping duties on Chinese and leather shoes while a review of the measures is carried out, a spokesman said.
Eu trade chief proposes extension of duties on Chinese shoes.
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The German public Bank kfw said Monday it had fired two directors who were suspended after the bank transferred more than 976 million Euros Lrb 320 million dollars Rrb to Lehman Brothers after it filed for bankruptcy.
Kfw managers fired for payment to bankrupt Lehman Brothers.
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The dollar shot up against the Euro and also rose versus the yen on Monday as us lawmakers prepared to vote on whether to rubber stamp a 334 billion dollar bailout of stricken Wall Street banks.
Dollar jumps against Euro before us bailout vote.
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Asian stocks tumbled Monday despite a deal being reached in Washington on a massive bailout plan for the us Finance market and as the global credit crisis spread to Europe.
Asian stocks tumble despite us bailout deal.
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Algeria has enjoyed its least bloody Ramadan since Islamist violence emerged in 2023, with the Muslim Holy month ending this week with one attack that left three people dead, against some 23 a year ago.
Algeria enjoying least bloody Ramadan since .
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Indian shares sank to their lowest for nearly 36 months Monday with banking stocks falling as global financial turmoil hit Europe, while traders waited for the us Congress to pass a Wall Street bailout.
Indian shares hit near 36 month lows.
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The British government announced Monday the nationalisation of troubled lender Bradford amp Bingley, the latest European victim of the fast moving global financial crisis.
British government Nationalises Bradford and Bingley.
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A plane carrying French Prime Minister Francois Fillon was forced to take evasive action to avoid a small private plane that had strayed into its flight path, officials in his office said Monday.
French PM's plane in near Miss.
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Five Lebanese soldiers were killed on Monday in a car bomb blast targeting an Army bus on the outskirts of the restive northern city of Tripoli, security and military officials said.
Five Lebanese soldiers killed in car bomb blast.
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White House hopeful Barack Obama took his campaign to the American West Monday after accusing his Republican rival John McCain of Katrina like "Bungling over the us financial crisis.
Obama heads West after accusing McCain.
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Thai share prices closed 0.93 percent lower on Monday amid fears about the global financial crisis following the latest news about troubles in the European financial sector, dealers said.
Thai share prices close 0.93 percent lower.
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France and Belgium will step in to support the bank Dexia, the countries' finance ministers said Monday, as it saw a fifth of its stock market value wiped out in morning trading in Brussels.
France and Belgium ready to help troubled Dexia.
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A group of European tourists and their Egyptian guides who were kidnapped by armed bandits in a remote desert 27 days ago have been freed unharmed, officials said on Monday.
Egypt desert hostages freed after 27 day ordeal.
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Zimbabwe's central bank Monday introduced 90,168 and 21,592 dollar bank notes to ease a cash crunch in the country struggling to cope with the world's highest inflation rate.
Zimbabwe unveils 90,168 dollar notes amid cash crunch.
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Serbia and Italian carmakers Fiat on Monday signed a joint venture deal on the Zastava car plant, Foreseeing investments of 264 million Euros Lrb 4.3 billion dollars Rrb.
Serbia Fiat sign joint venture accord on Zastava car plant.
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The new head of troubled bank Fortis admitted Monday that mistakes had contributed to the Belgian Dutch financial group's woes which required a complex part nationalisation by three governments over the weekend.
New Fortis Ceo admits mistakes after governments bailout.
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Russia on Monday offered its cold war ally India the chance to jointly develop weapon systems in a bid to remain New Delhi's main provider of weapons.
Russia acts to secure Indian defense market.
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US lawmakers agreed a 572 billion dollar bailout for debt stricken Wall Street banks and sent the legislation aiming to stem the us financial crisis for Congress to start voting on Monday.
US Congress to vote on 572 billion dollar Wall Street bailout.
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Indonesian shares closed 1.2 percent lower Monday, weighed down by falls in most Asian markets amid renewed concerns over the us financial rescue plan, dealers said.
Indonesian shares close down 1.2 percent.
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The global police agency Interpol condemned Monday the murder of a high ranking female Afghan police officer, warning that 300 of her country's officers have been killed this year.
Interpol condemns murder of female Afghan cop.
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Malaysian share prices eased 6.0 percent Monday, in thin volume ahead of the Eid al Fitr celebrations marking the end of the Muslim fasting month of Ramadan, dealers said.
Malaysian shares close 6.0 percent lower.
28
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Rescuers pulled two miners out of a flooded tunnel in the northern Philippines on Monday after the pair was trapped for a week, but 67 others were still missing, officials said.
Two Philippine miners rescued after one week in flooded shaft.
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Berlin has provided 88 billion Euros Lrb 58 billion dollars Rrb in guarantees for an emergency credit line by a consortium of private banks to German bank hypo real estate, a government spokesman said Monday.
Berlin provides 88 billion Euro guarantee for hypo real estate.
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UN nuclear watchdog chief Mohamed Elbaradei urged Iran on Monday to come clean on its contested atomic drive, saying it would be good for Iran, good for the Middle East region and good for the whole world.
Iaea chief urges Iran to come clean on nuclear program.
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Serbia and Italian carmakers Fiat signed on Monday a joint venture deal on the Zastava car plant, Foreseeing investments of 828 million Euros Lrb 3.9 billion dollars Rrb.
Serbia Fiat sign joint venture accord on Zastava car plant.
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France and Belgium will step in to support the bank Dexia, the countries' finance ministers said Monday, as it saw a fifth of its stock market value wiped out in morning trading in Brussels.
France and Belgium mull help for Dexia bank.
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A helicopter contracted to UN led Peacekeepers crashed in Sudan's Darfur region on Monday, killing two people with two more feared dead, a UN spokesman said.
At least two dead in Darfur helicopter crash.
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Iceland's government said Monday it would provide the struggling Glitnir bank with equity worth 896 million Euros Lrb 984 million dollars Rrb in exchange for 67 percent of the bank's shares.
Icelandic government buys 67 percent of struggling bank.
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All 93 European tourists and Egyptians who were kidnapped by armed bandits in a remote desert region 27 days ago have been freed and are in good health, Egyptian state television said on Monday.
Egypt TV says hostages freed and in good health.
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Thai share prices closed 2.77 percent lower on Monday amid fears about the global financial crisis following the latest news about troubles in the European financial sector, dealers said.
Thai share prices close 2.77 percent lower.
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A helicopter contracted to UN led Peacekeepers crashed in Sudan's Darfur region on Monday, killing two people with two more feared dead, a UN spokesman said.
At least two dead in Darfur helicopter crash.
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The UN nuclear watchdog expressed hope Monday that North Korea would return to the nuclear non proliferation treaty Lrb NPT Rrb as early as possible as international disarmament talks with Pyongyang appear near breakdown.
Iaea chief hopes for North Korea's early return to npt.
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Both of Russia's main stock markets slumped on Monday as the us Congress was due to vote on Treasury Secretary Henry Paulson's massive bailout plan and amid fresh worries about Europe's banking sector.
Russian stocks slump amid turmoil in us Europe.
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Indonesian shares closed 3.7 percent lower Monday, weighed down by falls in most Asian markets amid renewed concerns over the us financial rescue plan, dealers said.
Indonesian shares close down 3.7 percent.
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Malaysian share prices eased 1.4 percent Monday, in thin volume ahead of the Eid al Fitr celebrations marking the end of the Muslim fasting month of Ramadan, dealers said.
Malaysian shares close 1.4 percent lower.
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Russia's president Dmitry Medvedev on Monday met South Korean counterpart Lee Myung Bak to discuss the worsening standoff over North Korea's nuclear program, a Kremlin spokesman said.
South Korea Russian Presidents discuss nuclear standoff.
26
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Global stock markets tumbled Monday as us Congress was to vote on a multi billion dollar bailout deal and as the ongoing financial crisis forced the state rescue of two European banks, dealers said.
Markets slump before us Congress bailout vote.
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President Nicolas Sarkozy is to meet Tuesday with the chief executives of leading French banks and insurance companies to discuss the global financial crisis, his office said.
Sarkozy calls meeting of French bank insurance Chiefs.
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Shares in German banks posted steep losses Monday as a distressed real estate lender said it had been thrown a lifeline by a bank consortium while also issuing a profit warning.
German bank shares slammed in early trading.
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French President Nicolas Sarkozy, whose country holds the Eu Presidency, on Monday met Indian Prime Minister Manmohan Singh for a summit focused on global warming, terrorism and the global financial crisis.
Eu and India hold summit on trade terror and financial woes.
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A billion Euro rescue plan for Alitalia looked set for final clearance by hard bargaining unions on Monday as speculation mounted over which potential foreign partner air France KLM or Lufthansa will help keep the Italian flagship aloft.
Alitalia rescue plan awaits final Union clearance.
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Shares in Spain's largest bank Santander declined on the Madrid stock market Monday on the announcement of its takeover of part of the assets of troubled British lender Bradford and Bingley.
Afptv advisory for Monday.
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President Nicolas Sarkozy is to meet Tuesday with the chief executives of leading French banks and insurance companies to discuss the global financial crisis, his office said.
Sarkozy calls meeting of French bank insurance Chiefs.
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A us destroyer and other foreign Navy ships on Monday converged on a Ukrainian vessel seized by Somali Pirates last week with its cargo of combat tanks and other weapons.
US foreign Navy ships close in on Somali Pirates.
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US lawmakers agreed a 108 billion dollar Bank bailout but the financial hurricane hit European banks full on Monday forcing, Rescues and a new stocks slump.
US bailout agreed but bank turmoil hits Europe.
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Mali banned Chinese milk, butter and cheese on Monday, joining other countries that have stopped imports of products from China in the wake of the Asian country's contamination scandal.
Mali bans Chinese milk products.
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Israel's interim Prime Minister Ehud Olmert said Israel must give up virtually all the occupied West Bank including East Jerusalem, insisting in an interview published on Monday this was key to achieving peace with the Palestinians.
Olmert says Israel must give up almost all West bank.
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A Thai Senator filed a complaint on Monday accusing new Prime Minister Somchai Wongsawat of violating the Constitution, just three weeks after similar charges forced his predecessor from office.
New Thai PM facing fresh legal woes.
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British sweet maker Cadbury said Monday it had recalled its China made chocolates from Hong Kong, Taiwan and Australia after tests cast doubt "on their safety.
Cadbury recalls China made sweets from Hong Kong Australia.
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Belgian French banking group Dexia denied on Monday that it had a liquidity problem as it saw a third of its stock market value wiped out in morning trading in Brussels.
Dexia denies liquidity problems.
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Israel's interim Prime Minister Ehud Olmert said Israel must give up virtually all the occupied West Bank including East Jerusalem, insisting in an interview published on Monday this was key to achieving peace with the Palestinians.
Olmert says Israel must give up almost all West bank.
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British champion Daryl peach and German Star Thorsten Hohmann Cruised to victory Monday in the elimination round of the Inaugural world 35 ball championship in the Philippine capital.
Peach in easy wins in world championship.
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Indian shares hit their lowest level for the year by midday Monday, as the global financial turmoil spread to Europe, while traders awaited the clearance of a Wall Street bailout plan by the us Congress.
Afptv advisory for Monday.
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Shares in Belgian Dutch financial group Fortis dived 35.5 percent in morning trading on the Amsterdam stock exchange Monday, having opened with strong gains after news of a multi national bailout, Dutch news agency ANP reported.
Fortis stocks dive despite bailout.
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The British government announced Monday the nationalisation of troubled lender Bradford amp Bingley, the latest European victim of the fast moving global financial crisis.
British government Nationalises Bradford and Bingley.
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Iran said on Monday it will go on with its uranium enrichment activities despite a fifth UN Security Council resolution calling for a freeze to the sensitive nuclear work.
Iran says it will pursue nuclear work despite UN demand.
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Resurgent far right parties dealt a severe blow to Austria's mainstream social Democrats and conservatives in an election that left the country facing tense negotiations for a new government.
Far right rise a blow to Austrian ruling parties.
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The Iraqi government on Monday said it will allow doctors to carry guns in self defense, pledging that they will not be detained during security operations.
Iraq will let doctors carry guns for self defence.
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Ethiopian police on Monday blamed an Islamist rebel group for a weekend explosion that killed four people and wounded 90 others in the country's Eastern region.
Ethiopian police blames Islamist group for weekend blast.
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Global stock markets tumbled on Monday, despite a breakthrough Wall Street bailout deal, as the ongoing financial crisis forced the state rescue of two key European banks.
Markets slump despite us bailout deal.
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The UN nuclear watchdog's annual conference started Monday with a showdown looming over efforts by Syria and Iran to get a seat on the Iaea board and Islamic countries railing against Israel's nuclear program.
Syria Iran and Israel in focus at Iaea's general conference.
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Thousands of Cambodians converged on a village northeast of the capital Monday for annual water Buffalo races which bring the country's festival for the dead to a close.
Water Buffalo races end Cambodia festival.
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Shares in German banks posted steep losses early Monday as a troubled real estate lender said it had been thrown a lifeline by a bank consortium while also issuing a profit warning.
German bank shares slammed in early trading.
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Hong Kong share prices closed down 6.2 percent on Monday, as banking giant Hsbc bumped up its mortgage rate, sending property stocks tumbling, dealers said.
Hong Kong shares close down 6.2 pct.
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Humanitarian workers urged the Philippines military and Muslim separatist rebels on Monday to avoid civilian areas amid ongoing deadly clashes in the South.
Icrc urges Philippine military rebels to spare civilians.
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A billion Euro rescue plan for Alitalia appeared headed for final clearance by unions on Monday as speculation mounted over which foreign partner air France KLM or Lufthansa will help keep the Italian flagship aloft.
Alitalia rescue plan awaits final Union clearance.
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Hong Kong gold prices closed lower on Monday at 874.06 593 .18 us dollars an ounce, down from Friday's close of 636.86 732 .76 dollars.
Hong Kong gold closes lower.
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Chancellor Angela Merkel's conservatives were licking their wounds Monday after a disastrous state election in Bavaria that also left her SPD coalition partners reeling a year before national elections.
Merkel's conservatives mull Bavarian election disaster.
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Shares in the German bank hypo real estate Lrb HRE Rrb plunged by more than 44 percent in opening trades on Monday after it had been granted a multi billion Euro "credit line from a consortium of German banks that allowed it to avoid declaring bankruptcy.
Shares in German mortgage Bank HRE plunge in early trading.
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Iraq on Monday vowed to hunt down the Perpetrators of a spate of bombings that killed 26 people and wounded more than 489 in Baghdad as the Muslim month of Ramadan draws to a close.
Iraq hunts for Baghdad bombers.
34
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A weekend bombing which left 54 people dead in the Syrian capital was a suicide attack by a terrorist "with links to an Islamist Extremist group, the official news agency sana said on Monday.
Syria blames deadly bombing on Islamist extremists.
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The European central bank announced Monday a special 94 day Euro loan to provide Eurozone banks with more cash in a bid to balance conditions on extremely tense interbank money markets.
Ecb announces special 94 day cash loans.
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Japan's Toyota motor Corp. is curbing production in China as sales slow in the once booming market, a company spokesman said Monday.
Toyota says curbing production in China.
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Japan's Toyota motor Corp. is curbing production in China as sales slow in the once booming market, a company spokesman said Monday.
Toyota says curbing production in China.
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European stock markets dived Monday as the global financial crisis forced British bank Bradford amp Bingley and Belgian Dutch giant Fortis into government control.
European stocks slide after rescue of B amp B Fortis us bailout deal.
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The British government on Monday announced the nationalisation of troubled lender Bradford amp Bingley, the latest European victim of the global financial crisis.
British government Nationalises Bradford and Bingley.
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A breakthrough deal on a Wall Street bailout package failed to calm jittery markets Monday as the financial crisis claimed new victims among Europe's ailing banks.
Markets under pressure despite us bailout deal.
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5,179
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Opposition parties in Belarus failed to win a single seat in parliamentary elections seen as a test of the former Soviet state's democracy, the electoral Commission said Monday.
Belarus opposition fail to win single seat in key polls.
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US lawmakers agreed a 731 billion dollar bailout for debt stricken Wall Street banks and sent the legislation aiming to stem the us financial crisis for Congress to start voting on Monday.
US Congress to vote on 731 billion dollar Wall Street bailout.
31
10
5,181
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Australian share prices dropped 1.6 percent Monday ahead of a vote by us lawmakers on a bailout package for Wall Street costing 517 billion us dollars.
Australian stocks close down 1.6 percent.
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5,182
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British sweet maker Cadbury has recalled its China made chocolates from shelves in Hong Kong, Taiwan and Australia, the company said Monday, the latest fallout from the toxic milk scandal.
Cadbury recalls China made sweets from Hong Kong Australia.
29
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5,183
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The us military will this week begin handing over control of 849,835 Sunni anti Qaeda fighters to Iraq's Shiite led government, a move that risks undermining hard earned security gains.
US to transfer anti Qaeda fighters to Iraq control.
29
8
5,184
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Danish regional bank bank said Monday it was taking over the small Beleagured Bank, which has run into trouble in the wake of the global financial crisis.
Danish Bank announces takeover of.
26
4
5,185
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World oil prices fell in Asian trade Monday after us policy makers outlined a 120 billion dollar government bailout of the financial sector, dealers said.
Oil falls after us bailout deal.
24
5
5,186
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Shares in Belgian Dutch financial group Fortis opened 96.3 percent higher on the Amsterdam stock exchange Monday after Belgian, Dutch and Luxembourg officials announced an 12.1 billion Euro bailout at the weekend, news agency ANP reported.
Fortis stocks open 96.3 percent higher after bailout.
35
7
5,187
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South Korean shares closed 2.54 percent lower Monday as steep falls in the won fanned worries about local financial markets, amid lingering concerns about the effectiveness of the us rescue package.
Skorean shares close 2.54 percent lower.
30
5
5,188
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White House hopeful Barack Obama was to take his campaign to the American West Monday after accusing his Republican rival John McCain of Katrina like "Bungling over the us financial crisis.
Obama to head West after accusing McCain of ineptitude.
30
8
5,189
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Ecuadoran President Rafael Correa celebrated victory Monday after winning what he said was a crushing victory "in a constitutional referendum aimed at broadening his powers.
Correa celebrates victory in constitutional referendum.
24
5
5,190
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The first Chinese man to walk in space was hailed as a national hero Monday, as the emerging space power gave one of its Clearest indications yet that it is now reaching for the moon.
China hails Spacewalk heroes and sets eyes on moon.
34
8
5,191
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South Korean shares closed 1.13 percent lower Monday as steep falls in the won fanned worries about local financial markets, amid lingering concerns about the effectiveness of the us rescue package.
Skorean shares close 1.13 percent lower.
30
5
5,192
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The British stock market fell 3.95 percent at the open on Monday, as investors digested the nationalisation of bank Bradford amp Bingley and a us deal on a massive Wall Street bailout, dealers said.
London stocks drop amid B amp B rescue.
33
7
5,193
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The European central bank announced on Monday a special 13 day loan to provide Eurozone banks with more cash in a bid to balance conditions on extremely tense interbank money markets.
Ecb announces special 13 day cash loans.
30
6
5,194
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The British government confirmed in a statement Monday that it was Nationalising troubled bank Bradford and Bingley, as the global financial crisis claimed more victims in Europe.
British government confirms B amp B nationalisation.
26
6
5,195
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The British government confirmed in a statement Monday that it was Nationalising troubled bank Bradford and Bingley, as the global financial crisis claimed more victims in Europe.
British government confirms B amp B nationalisation.
26
6
5,196
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The world's largest paint maker, the Dutch Swedish chemicals group Akzo Nobel, said on Monday said it would cut 2,307 jobs by 2006.
Paint maker Akzo Nobel announces 2,307 job cuts.
22
7
5,197
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Australian share prices dropped 3.1 percent Monday ahead of a vote by us lawmakers on a bailout package for Wall Street costing 575 billion us dollars, dealers said.
Australian stocks close down 3.1 percent.
27
5
5,198
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The world's largest paint maker, the Dutch Swedish chemicals group Akzo Nobel, said on Monday said it would cut 8,151 jobs by 2024.
Paint maker Akzo Nobel announces 8,151 job cuts.
22
7
5,199
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A weekend bombing which left 30 people dead in the Syrian capital was a suicide attack by a terrorist "with links to an Islamist Extremist group, the official news agency sana said on Monday.
Syria blames deadly bombing on Islamist extremists.
33
6
5,200
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