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Serbian President Losing To Nationalist Challenger

Serbia's rightist opposition leader Tomislav Nikolic was leading in a presidential run-off on Sunday against liberal incumbent Boris Tadic by 50 percent to 47.7 percent, according to a preliminary unofficial projection.
(L-R) French Socialist party members Arnaud Montebourg, Segolene Royal and Najat Vallaud-Belkacem and France's newly-elected President Francois Hollande celebrate on stage with during a victory rally at Place de la Bastille in Paris early May 7, 2012.

All The President's Women: Francois, Segolene, And Valerie

Politics make strange bedfellows indeed -- especially in France. Francois Hollande, the newly elected Socialist president of the republic, has formed his cabinet and is planning to scale back the austerity programs imposed by his predecessor, Nicolas Sarkozy, of the center-right UMP party.
Woman walks past stock quotation board outside brokerage in Tokyo

Weekly Roundup: Asian Markets Slump On Euro Zone Concerns, Weak US Data

Asian markets fell this week as they succumbed to the pressures of the euro zone debt crisis and the economic data about the U.S. missing estimates. The Chinese Shanghai Index dropped 2.1 percent and the Japanese Nikkei fell 3.8 percent. Hong Kong's Hang Seng Index plunged 5.1 percent and India's BSE Sensex slumped 0.86 percent.
ECOWAS

Guinea-Bissau: ECOWAS Troops Arrive For Peacekeeping Mission

On Thursday, 70 troops arrived in Guinea-Bissau as part of a peacekeeping initiative by the Economic Community of West African States (ECOWAS). The troops are meant to stabilize the country as it prepares for national elections in 12 months, following a military coup that deposed the civilian government.
New Democracy party Greece

Greece: New Democracy Party Leads Syriza In Polls

Greece's center-right New Democracy party has a slight edge among voters over the Coalition of the Radical Left, or Syriza, party ahead of the June 17th parliamentary elections, according to a new opinion poll.
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Euro Hovers Near 2012 Low

The euro wallowed near a four-month trough versus the dollar Thursday after some banks in Athens faced emergency funding needs, compounding fears that a potential Greek exit from the euro could put more pressure on other struggling euro zone nations.

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