Rand hit as S.Africa fiscal woes deepen

SOUTH Africa's currency and equities markets have slumped after revised figures showed the country's current account in late 2012 was worse than first thought. The South African Reserve Bank revised the third quarter deficit up to 6.8 per cent...

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Cardinals to begin historic conclave

CARDINALS are preparing for the start of an historic conclave to elect a new pope after Benedict XVI's shock resignation, with the odds favouring a Western conservative to lead the Catholic world. At a grandiose mass in St Peter's Basilica the...

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Hackers post 'private data' of celebrities

THE US Secret Service has launched an investigation after hackers posted what they said was personal data and credit information of celebrities including first lady Michelle Obama online. The probe was opened over files which included personal...

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Litvinenko suspect 'pulls out' of inquest

THE chief suspect in the polonium poisoning of Russian dissident and ex-security agent Alexander Litvinenko says he will take no further part in the British inquest into the death, blaming London's decision to keep some sensitive material secret....

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Growing cyber threat to US infrastructure

THE United States faces a mounting danger from cyber attacks on its infrastructure while digital espionage threatens to undercut the military's technological edge, the intelligence chief says. Citing "increasing risk to US critical infrastructure,"...

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UN monitor alarmed by Iran media crackdown

THE United Nation's monitor for human rights in Iran has sounded the alarm over a rise in arrests of journalists, saying this was part of a pattern of increasing violations as presidential elections loom. Seventeen journalists were arrested...

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Late-winter snowstorm batters Europe

A HEAVY late-winter snowstorm has battered northwestern Europe, causing widespread travel chaos with the cancellation of hundreds of flights, suspension of train services and huge traffic jams. The unseasonable snowfall - coming only eight days...

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Cyprus peace push to follow bailout

CYPRUS peace envoy Alexander Downer says the UN will launch a new bid for talks on reuniting the island only after it has secured a bailout for its nearly bankrupt economy. Downer returned to Cyprus for a first meeting with Nicos Anastasiades,...

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