KENYA

Kenya's Kibaki and Odinga sign agreement after talks

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Mediator Kofi Annan said Kenya's government and opposition had reached agreement on a power-sharing deal at talks on Thursday to end the country's deadly post-election crisis. We have come to an understanding on the coalition agreement, Annan told reporters after meeting President Mwai Kibaki, opposition leader Raila Odinga and African Union head Jakaya Kikwete.

Kenya crisis talks resume under protest threat

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A new round of talks to end Kenya's political crisis started on Tuesday with no clear sign of an agreement on power-sharing and the opposition threatening to resume nationwide protests. The talks being mediated by former U.N. chief Kofi Annan had come to a standstill on Monday with both sides saying President Mwai Kibaki and opposition leader Raila Odinga needed to step in to break the deadlock.
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Kenya government agrees in principle to PM post

Kenya's government said on Thursday it agreed in principle to creating a prime minister's post demanded by the opposition, a possible breakthrough in a political crisis some worry could explode into violence again. Local and international pressure has grown for a deal to end the standoff over President Mwai Kibaki's disputed re-election on December 27. The opposition has threatened to resume street protests next week if its demands are not met.
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Kibaki offers talks, protests shake Kenya

Kenya's President Mwai Kibaki offered to talk to political rivals on Thursday as corpses lay in the street and smoke rose from burning slums after a day of battles between police and anti-government protesters.
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Kenya govt denounces genocide as toll hits 300

President Mwai Kibaki's government accused rival Raila Odinga's party of unleashing genocide in Kenya on Wednesday as the death toll from tribal violence over a disputed election passed 300.
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Kenya deaths seen at 250

A mob torched a Kenyan church on Tuesday, killing villagers cowering inside, as the death toll from ethnic riots triggered by President Mwai Kibaki's disputed re-election soared to nearly 200.
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Reliance sets aside $27 billion for acquisitions, gas explorations

Reliance Industries (RIL), India's most valuable firm in terms of market capitalisation and owner of world's third largest refinery, will be setting aside up to $15 billion for making world-scale acquisitions in the energy sector besides investing more than $12 billion for development of gas exploration off the country's east coast.
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Disconnect on your vacation

In a world where e-mails follow people on vacation, the need for true chill-out travel has never been higher, sparking a boom in hotels and resorts dedicated to the quiet, and slow, life.
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Vast African dump poisons children

Willis Ochieng, 10, scavenges through smoking refuse piled as high as a house at one of Africa's biggest rubbish mountains, his friends sitting nearby sucking on dirty plastic bottles of noxious yellow glue.
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Africa to Benefit from Free Trade, Financial Aid Still Important

Developing and industrialized countries are continously working hard through negotiations, in Doha, to reach a new International Trade Agreement (ITA). However, there is increasing recognition that even if there was free trade between nations, many countries
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Growing pains dim India's outsourcing edge

Indian outsourcing companies are shifting some of their operations to China, the Philippines, Vietnam and Kenya in a bid to stay competitive as higher wages, expensive property prices and a rising rupee eat into profits.
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Be a banker online, starting with $25 loans

Fueled by last year's Nobel Prize for a man nicknamed banker to the poor, microlending to small businesses in the world's poorest countries is booming as individuals discover they can be their own mini World Bank.c
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African Trade Group Comesa to End Non-Tariff Barriers

The Common Market for Eastern and Southern Africa, or Comesa, agreed to eliminate non-tariff barriers and end conflicts that weaken trade within the 21-member grouping, a statement issued at the close of a two-day summit of member countries said Monday.
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Environment Ministers to Review Kyoto in 2008

Environment ministers from over 180 nations gathered on Friday in Nairobi to mark the end of a two-week UN climate summit. Delegates agreed to review the Kyoto Protocol in 2008 in order to expand the fight against global warming beyond 2012.
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Kenya Airways Postpones Brazzaville Route Launch

Kenya Airways will not launch scheduled flights to Congo Brazzaville tomorrow as earlier announced.Unresolved issues in negotiations on air traffic rights forced the last-minute cancellation.
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Japan's Olympic Commission Appoints Director

The Japanese Olympic Commission (JOC) will appoint Tokyo Governor Shintaro Ishihara as the director-general of Tokyo Olympic Bidding Committee for the 2016 Summer Games, the commission said on Friday.
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World Bank graft fight stirs debate on Africa aid

President Mobutu Sese Seko was said to have sipped pink champagne daily, hired Concorde to fly his family to New York to shop and bought numerous friends in high places, much of it with the help of foreign aid.
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East Africa Aim to Boost Intra-trade

The East African Community member states and Rwanda have sought a loan from World Bank, under which the regional revenue authorities have designed sophisticated methods to boost revenue.
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China, India to Boost Africa's Economy

Africa'S deepening engagement with Asia's two economic giants-China and India-holds enormous potential for economic growth in Africa, according to a new report by the World Bank, released September 9.

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