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Syrian leader Assad's planes pound vital prize of Aleppo

04 Aug 2012

ALEPPO, Syria - President Bashar al-Assad's forces used artillery, planes and a helicopter gunship to pound rebel positions in Syria's biggest city, witnesses said, in a battle that could determine the outcome of the 17-month uprising. | Video

Spain inches towards a full EU bailout

03 Aug 2012

MADRID - Spanish Prime Minister Mariano Rajoy inched closer on Friday to asking for an EU bailout for his country, but said he needed first to know what conditions would be attached and what form the rescue would take.

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University brings capitalism to reclusive North Korea

2:22am BST

SEOUL - Capitalism, in hermit North Korea, is normally associated with moral and economic ruin.

Car bomb explodes in Tripoli, first since Gaddafi's fall

04 Aug 2012

TRIPOLI - A car bomb exploded near the offices of the military police in Tripoli early on Saturday, a senior security source said, the first such attack in the Libyan capital since the start of a revolt that toppled the regime of Muammar Gaddafi last year.

Suicide bomber kills 25 in southern Yemen village

12:46am BST

ADEN - A suicide bomber struck at a funeral in a village in Yemen's southern province of Abyan overnight, killing at least 25 tribal fighters and wounding dozens more, officials and medics said on Sunday.

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Manchester United to get $559 million in GM shirt sponsor deal

04 Aug 2012

CHICAGO - Manchester United Ltd.'s deal with General Motors Co. to sponsor the hugely popular football club's shirts will bring in 357 million pounds ($559 million) over the agreement's seven-year term, the club said in a regulatory filing Friday.

NASA's Mars rover on target for landing

Aug 5. - The Mars rover Curiosity hurtles closer to the Red Planet, on track "to fly through the eye of the needle" for a precise, safe landing. Sarah Charlton reports.


Golden day for hosts as Phelps bows out

Three athletics golds crowned host nation Britain's best Olympic day for over a century after the greatest swimmer of all time won again in the pool.

Hugo Dixon

Can Super Mario save the euro?

Mario Draghi says the ECB’s job is to bring down sovereign bond yields if fears of a euro breakup are making them rise. It’s a highly significant statement. But the ECB boss has caused dissension within his ranks. And he’ll struggle to find the tools to be able to do as he says.  Commentary 

Anatole Kaletsky

How about quantitative easing for the people?

Giving away free money may sound too good to be true or wildly irresponsible, but it is exactly what the Fed and Bank of England have been doing for bond traders and bankers since 2009. Directing QE to the general public would not only be much fairer but also more effective.   Commentary 

Edward Hadas

The Big Smothering State

Governments play a valuable role in industrial economies. But in other matters, the value of the extensive and intrusive state is much more questionable. Both critics and defenders of big government often miss the crucial distinction between economic help and social harm.  Commentary 

Philip N. Howard

Social media and the new Cold War

This war does not involve opposing military forces, but competing ideas about how political life should be organised. The battles are between broadcast media outlets and social-media upstarts, and Russia has seen some of the biggest clashes.  Commentary 

John Foley

Olympics a bad metaphor for economic rivalry

China breaks the rules, the U.S. loses its edge, Britain barely registers at all. It’s easy to see the Games as a mirror for reality. But economics is different. Co-operation is rewarded, the prizes keep growing, and there are many ways to win, provided the competitors play fair.  Full Article 

Chrystia Freeland

Russian investor’s $3 million prize for physics

Do you think cutting-edge scientists should earn as much as star athletes, celebrity artists or Wall Street bankers? The Russian billionaire investor Yuri Milner does, and this week he put his money where his heart is.  Commentary