Cypriot Minister of the Interior Neoclis Sylikiotis and Swedish Minister for Migration and Asylum Policy Tobias Billstrom visited Jordan on May 18 and 19, in the context of joint action regarding the resettlement of refugees from Iraq in EU member states. According to an official press release issued on Friday, on the occasion of an
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Polish and Swedish officials urged swift action to help beleaguered Latvia on Friday to prevent its economic crisis from spilling over into other countries in Europe. The tiny Baltic state, facing a brutal economic contraction of up to 20 percent this year, is struggling to avoid a currency devaluation that would hammer heavily exposed Swedish
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By Paul Taylor "All political careers end in failure," the late British Conservative Enoch Powell famously said. And perhaps all political cycles end in scandal. The outcry in Britain over politicians' expenses that has claimed ministerial scalps and threatens the survival in office of Prime Minister Gordon Brown reflects more than just anger over taxpayer-funded
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By Raji Menon and Joel Dimmock The death of Rio Tinto's tie-up with Chinalco is the latest in a recent string of revolts by institutional shareholders who on Friday took a concerted step to arm themselves for a new era of activism. Rio's climbdown to meet investor demands for a rights issue and a BHP
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Signs emerged on Friday that Canada's Magna could face challenges to its deal for GM's European unit Opel as Fiat said it was still interested and Germany invited rival bidders to improve their offers. Fiat SpA, the Italian automaker, lost out last week to the Canadian car parts maker in bidding for Germany-based Opel and
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World stocks and oil prices extended gains and government bonds tumbled on Friday after closely-watched data showed the U.S. economy lost a fewer-than-expected 345,000 jobs in May. U.S. May non-farm payrolls fell 345,000 last month, compared with a consensus forecast from 520,000. April's figures were revised to show a smaller fall of 504,000 from an
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U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was more evidence the economy's severe weakness was diminishing. However, the Labour Department said the unemployment rate raced to 9.4 percent, the highest since a matching rate in July 1983, from
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U.S. stock index futures pointed to a higher open on Friday as investors awaited key monthly data on the labor market. U.S. May non-farm payrolls were forecast to fall by 520,000, a slowing from the decline of 539,000 in April, although the previous month's number could be revised. The U.S. unemployment rate is seen rising
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Apple Inc kicks off its annual developers' extravaganza on Monday under a tight lid of secrecy, with investors expecting the electronics maker to unveil new or cheaper versions of its popular iPhone. Thousands of customers, developers and investors are set to convene in San Francisco for Apple's Worldwide Developers' Conference, hoping to catch a glimpse
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Apple Inc CEO Steve Jobs is on track to return to the company from his medical leave of absence as planned, the Wall Street Journal reported, citing a person who had seen Jobs in recent weeks. The report that Jobs will return by the end of the month comes ahead of Apple's Worldwide Developer Conference
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