Malawi seeks new IMF program: mission chief

WASHINGTON (Reuters) – Malawi has requested a new financing program from the International Monetary Fund necessary to unlock needed aid from Western donors, a senior IMF official said on Friday. The IMF’s mission chief to Malawi, Tsidi Tsikata, told Reuters discussions on IMF support had begun on the sidelines of meetings of the IMF and World Bank in Washington. He said an IMF mission would travel to Malawi before the end of May to discuss details of an economic program, which would be supported by an IMF loan. …

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Malawi seeks new IMF program: mission chief


Japan says may consider economic sanctions on North Korea

TOKYO (Reuters) – Japan may consider economic sanctions against North Korea, depending on the response of the international community, Japanese Finance Minister Jun Azumi said on Friday. “It’s become clear that (North Korea) launched a flying object so I’ll consider if necessary how to respond to it while taking into account movements in the international community,” he said when asked about whether Japan will seek new economic sanctions against North Korea. He also said that markets were reacting calmly. (Reporting by Tetsushi Kajimoto; Editing by Edwina Gibbs)

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Japan says may consider economic sanctions on North Korea

Murdoch’s media empire strikes back

LONDON (Reuters) – Rupert Murdoch on Thursday declared war against “enemies” who have accused his pay-TV operation of sabotaging its rivals, denouncing them as “toffs and right wingers” stuck in the last century. Reports by the British Broadcasting Corporation and the Australian Financial Review newspaper this week said that News Corp’s pay-TV smartcard security unit, NDS, had promoted piracy attacks on rivals, including in the United States. …

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Murdoch’s media empire strikes back

New York art’s Asia Week set for big sales

New York art dealers might need to pull out marker pens and add zeros to their price tags during Asia Week sales starting this week in auction houses and galleries across the city.

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New York art’s Asia Week set for big sales

Iran rejects claims of cleaning up nuclear works

Iran on Tuesday rejected allegations it attempted to clean up radioactive traces possibly left by secret nuclear work at a key military site before granting U.N. inspectors permission to visit the facility.

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Iran rejects claims of cleaning up nuclear works

NASA OKs Feb. launch of private space station trip (AP)

AP – A private California company will attempt the first-ever commercial cargo run to the International Space Station in February.

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NASA OKs Feb. launch of private space station trip
(AP)

At UN, Libya’s new leaders seek support to thwart terrorist threat (The Christian Science Monitor)

The Christian Science Monitor – Libya’s interim government may be this year’s darling of the international community, reaping praise from world leaders, including President Obama, at the United Nations’ annual gathering in New York.

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At UN, Libya’s new leaders seek support to thwart terrorist threat
(The Christian Science Monitor)

2,000-year-old Dead Sea Scrolls go online (AP)

AP – Two thousand years after they were written and decades after they were found in desert caves, some of the world-famous Dead Sea Scrolls went online for the first time on Monday in a project launched by Israel’s national museum and the web giant Google.

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2,000-year-old Dead Sea Scrolls go online
(AP)

Strauss-Kahn claims diplomatic immunity in lawsuit (Reuters)

Reuters – Lawyers for former IMF chief Dominique Strauss-Kahn asked a judge on Monday to dismiss a civil suit filed by a hotel maid who accused him of sexual assault, asserting that the onetime French presidential hopeful had diplomatic immunity.

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Strauss-Kahn claims diplomatic immunity in lawsuit
(Reuters)

Italy downgraded, IMF says Europe behind the curve (Reuters)

Reuters – Standard & Poor’s cut Italy’s credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International Monetary Fund said Europe’s leaders were failing to act decisively enough to resolve the crisis.

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Italy downgraded, IMF says Europe behind the curve
(Reuters)