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Global Economic Crisis: Are we Better or Worse off than 2008?

Greece's PM Papandreou addresses the audience at the International Trade fair of Thessaloniki in northern Greece
Global Economic Crisis: Are we Better or Worse off than 2008? The Greek economic crisis is at the heart of the problems of the world economic crisis and for as long as France and Germany continue to ignore the realities that Greece must be allowed default on its debts, the European and world economies will suffer the consequences.

Surgical Innovation: Brain Cancer Cells Glow with New Drug

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A drug that makes brain cancer cells glow during surgery is being used for the first time in Australia, ABC Melbourne reports. The drug is given to the patient in a drink three to four hours before surgery, accumulating in the cells of the tumour which then glow under the blue light of an operating microscope.
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Obama to meet Palestinian leader amid U.N. crisis

President Barack Obama will meet Palestinian President Mahmoud Abbas on Wednesday to urge him to drop plans to ask the U.N. Security Council to recognize a Palestinian state despite U.S. and Israeli objections.
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BoE set to pump more money into UK economy

The outlook for the British economy is weakening so quickly that the Bank of England on Wednesday signaled it was ready to pump in more money, potentially as soon as October.
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South African Miners Sue Anglo American in London Court

Several hundred South African former miners have launched court proceedings against Anglo American Plc in London, the latest in a wave of lawsuits and compensation claims over lung disease that could cost the gold industry billions.
Palestinian President Mahmoud Abbas gestures during a PLO central committee meeting in Ramallah

Obama Will Appeal to Abbas to Drop Statehood Bid

President Barack Obama will meet Palestinian President Mahmoud Abbas Wednesday to urge him to drop plans to ask the U.N. Security Council to recognize a Palestinian state despite U.S. and Israeli objections.
Pedestrians walk outside a bank

IMF Sees 2011 Global Growth Slowdown, Risk of Developed World Double-Dip Recession

Strong policies are urgently needed to increase economic growth and reduce the risk of a double-dip recession in the developed world, the International Monetary Fund (IMF) said in its revised World Economic Outlook. The IMF also decreased its 2011 global GDP growth forecast to 4 percent, down 0.3 percentage points from the June 2011 forecast.
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News Corp share buyback crosses $1 billion mark

Rupert Murdoch's News Corp bought back more than $1 billion of its shares in the last month, according to a filing, as it seeks to improve relations with shareholders frustrated by what they say is the media company's unpredictable capital allocation strategy.
The headquarters of Oracle Corporation are shown in Redwood City, California February 2, 2010. Picture taken February 2, 2010.

Oracle Earnings: Is the Giant Slowing Down?

Database giant Oracle reported its first quarter net income jumped 36 percent to $1.8 billion, exceeding analyst estimates, as revenue rose a more modest 12 percent to $8.4 billion.
Gay rights

'Don't Ask, Don't Tell' Becomes History Tuesday; Open Service for Gays Begins

Joining a club of countries like Canada, Germany, Israel and the UK, the United States on Tuesday has become the 30th country to allow open military service. After a long period of 18 years, the controversial don't ask, don't tell policy banning homosexuals on serving in the U.S. military has been repealed.

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