North Korea declares it has nuclear weapons; cancels talks

Thursday, February 10, 2005 North Korea – The state-run Korean Central News Agency has released a statement from the North Korean Foreign Ministry cancelling the ongoing six-party talks aimed at ending North Korea’s nuclear weapon development programs. The statement also declared for the first time that North Korea has nuclear arms, announcing that it plans […]

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Stock markets worldwide fall dramatically

Wednesday, September 17, 2008 Stock markets around the world, particularly those in the United States, have fallen dramatically today. This is due to the ongoing events in the financial world, including the bailout of large insurance firm AIG by the US Federal Reserve. The primary UK index, the FTSE 100, dropped in value by 2.36%, […]

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Benazir Bhutto buried; violence erupts in assassination aftermath

Friday, December 28, 2007 Former Prime Minister of Pakistan Benazir Bhutto, who was killed in a suicide attack yesterday, has been buried in her ancestral home in the village of Garhi Khuda Bakhsh. Meanwhile, violence has erupted across the nation in protest to the 54-year-old opposition leader’s death. The Pakistani government has claimed to have […]

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Commonwealth Bank of Australia CEO apologies for financial planning scandal

Thursday, July 3, 2014 Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm. Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ […]

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Rock music church in Pennsylvania allowed concerts under court settlement

Saturday, March 21, 2009 A Pennsylvania church that claims to worship through rock music may hold a limited number of concerts under a recent federal court settlement. In the face of complaints from neighbors about noise and traffic problems, the Fayette County zoning department found in 2005 that the Church of Universal Love and Music […]

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eBay Australia to only permit payment via PayPal

Saturday, April 12, 2008 On the back of new restrictions being imposed on eBay users in the United Kingdom requiring that sellers offer PayPal payments for all sales, eBay Australia is mandating that only PayPal payments will be acceptable as of June 17. PayPal is a wholly-owned subsidiary of eBay, and charges a 30¢ transaction […]

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