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Developed Economies See Slight Growth

May 21st, 2013 | Posted by WSJ.com: World News in Uncategorized - (0 Comments)
Developed economies returned to growth in the first three months of the year, although the euro zone continued to lag behind the U.S. and Japan, according to figures released by the Organization for Economic Cooperation and Development.

Myanmar Muslims Jailed in Monk’s Death

May 21st, 2013 | Posted by WSJ.com: World News in Uncategorized - (0 Comments)
Six Muslim men and one minor have been sentenced to prison terms ranging from two years to life for involvement in the killing of a Buddhist monk in central Myanmar.
CAPE TOWN (Reuters) - A two-day wildcat strike at a Mercedes Benz plant in South Africa ended on Tuesday but industrial union NUMSA demanded a hefty pay hike for the sector, raising the prospect of labour unrest in factories alongside turmoil in the mines.

German Central Bank Sounds Upbeat Note

May 21st, 2013 | Posted by WSJ.com: World News in Uncategorized - (0 Comments)
The German economy is due to recover at a stronger clip this quarter, but the euro-zone debt crisis remains a significant risk, Germany's central bank wrote.

India, China Play Down Border Tensions

May 21st, 2013 | Posted by WSJ.com: World News in Uncategorized - (0 Comments)
Indian Prime Minister Manmohan Singh and his Chinese counterpart, Li Keqiang, played down a recent border dispute, as they stressed the need for cooperation between the world's two most populous countries.
JERUSALEM (Reuters) - Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.
JERUSALEM (Reuters) - Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.

Bombings in Iraq kill at least 12

May 21st, 2013 | Posted by Reuters: World News in Uncategorized - (0 Comments)
KIRKUK, Iraq (Reuters) - Several bomb blasts killed at least 12 people in Iraq on Tuesday, police said, a day after more than 70 died in attacks on majority Shi'ites, stoking fears of all-out sectarian war with minority Sunnis.

Vietnam Outlines Bad-Debt Plan

May 21st, 2013 | Posted by WSJ.com: World News in Uncategorized - (0 Comments)
Vietnam said it will set up an asset-management company this quarter to buy nonperforming loans from local banks, using it funds it will raise by issuing "special bonds."
KINSHASA (Reuters) - The Congolese army clashed with rebel fighters near the eastern city of Goma for a second day on Tuesday, threatening an uneasy six-month peace in the region ahead of a scheduled visit by U.N. Secretary-General Ban Ki-moon this week.