Monthly Archives: June 2009

Tory leader chides city unions

Public sector unions like Toronto’s striking civic workers need to “get a grip” and realize they don’t have life so bad compared with most of the taxpayers they serve, Progressive Conservative Leader Tim Hudak said in his first day on … Continue reading

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U.S.'s debtor status worsens dramatically (1)

In the midst of the longest, and probably deepest, postwar recession last year, the U.S. investment position with the rest of the world sharply deteriorated. At the end of 2008, America’s net international investment position was minus $3.47 trillion, the … Continue reading

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Real gold gone from Mint, report finds

OTTAWA — There may have been a massive gold heist at the Royal Canadian Mint, an external audit has found. The findings of the long-awaited audit, released Monday, conclude that $15.3 million in missing gold is not the result of … Continue reading

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Madoff gets maximum 150 years in prison

NEW YORK – Convicted swindler Bernard Madoff was sentenced to 150 years in prison Monday for fraud so extensive that the judge said he needed to send a symbolic message to those who might imitate his fraud and to victims who … Continue reading

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Iran 'has arrested 2,000’ in violent crackdown (2)

More than 2,000 Iranians have been arrested and hundreds more have disappeared since the regime decided to crush dissent after the disputed presidential election, a leading human rights organisation said yesterday. “A climate of terror and of fear reigns in … Continue reading

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Queen running out of money?

The Queen is in danger of running out of money by the time of her Diamond Jubilee unless she gets an increase in her Civil List payment, figures revealed today. Last year she had to dip into her cash reserves … Continue reading

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Evans-Pritchard: China's banks

Fitch Ratings has been warning for some time that China’s lenders are wading into dangerous water China’s banks are veering out of control. The half-reformed economy of the People’s Republic cannot absorb the $1,000bn (£600bn) blitz of new lending issued … Continue reading

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Honduras Torn (4)

TEGUCIGALPA, Honduras —  Honduras is now torn between two presidents: one legally recognized by world bodies after he was deposed and forced from the country by his own soldiers, and another supported by the Central American nation’s congress, courts and military. … Continue reading

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Hudak moves quickly

OTTAWA — After his third-ballot victory on Saturday, the newly anointed leader of the provincial Progressive Conservative party is taking little time in preparing for his shift to power. Tim Hudak, who is promising to steer the Conservatives back to … Continue reading

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Report: Hospitalized Iranians seized (5)

(CNN) — Iranians wounded during protests are being seized at hospitals by members of an Islamic militia, an Amnesty International official told CNN. “The Basijis are waiting for them,” said Banafsheh Akhlaghi, western regional director of the human rights group, … Continue reading

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Army ousts Honduran president (5)

Honduran President Manuel Zelaya said he was the victim of “a coup” and a “brutal kidnapping” by soldiers, and U.S. President Barack Obama said he was “deeply concerned” by the Sunday morning detention of the Central American president. Speaking from … Continue reading

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