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Taiwan President Fined for Facebook Post
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Ma, who won re-election to a second term earlier this year, was on Wednesday ordered to pay T$500,000 (US$16,666) by the island's Central Election Commission for posting a message to his Facebook campaign page on the day of the election.
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Growth Figures Show Japan on Recovery Track
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Japan's economy grew by a faster-than-expected 1.0 percent in the latest quarter, figures showed on Thursday, as rising domestic demand and a boost in exports kept it on the recovery path.
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World Bank Agrees US$2B Loan for Indonesia
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The World Bank on Tuesday announced it was ready to provide Indonesia with a $2 billion loan, a backstop against a potential debt crisis in one of Asia's fastest growing economies.
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N.Korea Moving Ahead on Reactor: Pictures
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North Korea appears to be moving ahead with the building of a light-water reactor that could be used to support its nuclear weapons program, according to satellite images released Wednesday.
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Japan Bank Freezes Iranian Govt Transactions
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A Japanese bank has halted transactions by the Iranian government after a US court ordered a $2.6 billion asset freeze over the 1983 bombing of US barracks in Beirut, a bank spokesman said on Thursday.
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South Africa: African Union Leaders Meet in Benin
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The consultative meeting of the African Union (AU) ad-hoc committee gets underway in the Benin capital, Cotonou, this morning.
The meeting by the eight-member committee, including President Jacob Zuma, will discuss the deadlock on the election of the chairperson of the executive arm of the AU.
The committee of eight heads of state and government was established at the AU Summit earlier this year to work on the upcoming AU election of members of the commission.
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South Africa: Broadband Migration to Create Jobs
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ThE 100% migration to broadband by 2020 would create 1-million jobs, Communications Minister Dina Pule said during her budget vote speech in Parliament yesterday.
Job creation is a major pillar of the government’s New Growth Path, which aims to create 5-million new jobs by 2020. The minister’s projections came on the same day that Statistics SA announced unemployment rose to 25,2% in the first quarter from 23,9% in the fourth quarter of last year.
However, aside from the 23500 jobs expected fr ...
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