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Christine Lagarde named IMF head

French finance minister, who succeeds Dominique Strauss-Kahn, becomes first woman to hold top IMF job Christine Lagarde said she was ‘honoured and delighted’ to become the new head of the IMF. Photograph: Georges Gobet/AFP/Getty Images French finance minister Christine Lagarde has become the new head of the IMF after the fund’s board confirmed her appointment following a meeting in Washington. ...

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PM: Pension changes are ‘good deal’

The Government’s controversial plans to reform public sector pensions are “fair”, the Prime Minister has insisted, as he told hundreds of thousands of teachers, lecturers and civil servants they are wrong to go on strike. David Cameron said the changes being proposed for millions of public sector workers were a “good deal”, which would secure affordable pensions for decades to ...

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Four Khmer Rouge leaders go on trial

The United Nations-backed trial of the four most senior surviving members of Cambodia’s murderous Khmer Rouge regime began on Monday, three decades after its “year zero” revolution marked one of the darkest chapters of the 20th century. The defendants, infirm and ranging in age bwteen 79 and 85, were among the inner circle of the late Pol Pot, the French-educated ...

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Tepco under pressure to shut reactors

The utility at the heart of Japan’s nuclear crisis, Tokyo Electric Power Co, faced pressure today from angry shareholders to shut all its reactors in a sign of growing Japanese opposition to nuclear energy. Activist shareholders may struggle, however, to convince long-term institutional investors, which own most of the stock, to approve a resolution to abandon atomic energy. Dai-ichi Life ...

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Libya rejects Gaddafi arrest warrant

Libya has rejected the arrest warrants issued for its leader Muammar Gaddafi, his son Saif al-Islam, and the country’s intelligence chief for alleged atrocities committed against political opponents. The ruling is a “cover for NATO which is still trying to assassinate Gaddafi”, Mohammed al-Gamudi, Libya’s justice minister, said. Deputy foreign minister Khaled Kaaim said the International Criminal Court (ICC)  “functions as a European foreign policy vehicle. ...

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Greece general strike: Unions act amid cuts debate

Trade unions in Greece have begun a 48-hour general strike, hours after PM George Papandreou urged parliament to back an austerity package. Huge crowds of protesters are expected on the streets of Athens, while public transport is set to grind to a halt. On Monday, Mr Papandreou said only his 28bn-euro (£25bn) austerity programme would get Greece back on its ...

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International Criminal Court issues arrest warrant for Gadhafi

Court issues Gadhafi arrest warrant (CNN) — The International Criminal Court issued arrest warrants Monday for Libyan leader Moammar Gadhafi and two of his relatives. ICC Judge Sanji Mmasenono Monageng read the decision Monday to issue warrants for Gadhafi, his son Saif al-Islam Gadhafi and brother-in-law Abdullah al-Sanussi. Al-Islam Gadhafi is a close adviser to his father, while al-Sanussi serves ...

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Pakistan’s Taliban vow attacks on West

ISLAMABAD (Reuters) – Pakistan's Taliban, a close ally of al Qaeda, has threatened to carry out a series of attacks against American, British and French targets to avenge the death of Osama bin Laden. "Soon you will see attacks against America and NATO countries, and our first priorities in Europe will be France and Britain," deputy Pakistani Taliban leader Wali-ur-Rehman ...

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