<rss version="0.91">
<channel>
<title>www.bi-me.com RSS feed for &#8211; Politics &amp; Economics</title>
<link>http://www.bi-me.com</link>
<description>Middle Eastern Business News and Data</description>
<language>en-us</language>
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<title><![CDATA[Those who block UN Security Council resolution on Syria  will bear &#039;a heavy responsibility in history,&#039; says Alain Juppe]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56497</link>
<description><![CDATA[INTERNATIONAL. &quot;The international community must recognize and support the right of the Syrian people to freedom, security and the choice of its political future,&quot; French Foreign Minister Alain Juppe said in a statement that described the situation in Homs as &quot;savagery.&quot;

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<title><![CDATA[Syrian army attacks Homs killing 260, say activists]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56495</link>
<description><![CDATA[SYRIA. The government denied involvement in the violence, blaming &quot;armed gunmen&quot;, as television stations showed images of bodies on the ground and buildings destroyed.]]></description>
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<title><![CDATA[Saudi king, IMF chief discuss &#039;world economy&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56491</link>
<description><![CDATA[SAUDI ARABIA. The Fund says it wants to raise another US$500 billion, on top of the nearly US$390 billion it has available now, to help countries in financial straits.

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<title><![CDATA[UN atomic agency to hold further discussions with Iran over nuclear programme]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56485</link>
<description><![CDATA[INTERNATIONAL. &quot;The agency is committed to intensifying dialogue. It remains essential to make progress on substantive issues,&quot; said Yukiya Amano, the IAEA Director General.

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<title><![CDATA[Special Tribunal for Lebanon to try four men accused of Hariri killing in absentia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56487</link>
<description><![CDATA[LEBANON. The STL noted the multiple attempts by Lebanese authorities to find the accused men at their last known residences.]]></description>
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<title><![CDATA[Sustainable budget should be top US priority, says Bernanke]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56486</link>
<description><![CDATA[INTERNATIONAL. Bernanke warned in testimony to the House of Representatives that the US fiscal trajectory remains troublesome.  

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<title><![CDATA[Parsons wins awards for commitment to sustainable US-UAE business relations]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56479</link>
<description><![CDATA[UAE. The award was announced at the annual AmCham Abu Dhabi Excellence Awards Gala Charity event, which took place at the Park Rotana Hotel Abu Dhabi.]]></description>
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<title><![CDATA[Eurozone should exit mild recession by late 2012, says S&amp;P report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56476</link>
<description><![CDATA[INTERNATIONAL. The core countries will likely lead the way back to growth; Risks of a gloomier outcome have not diminished yet.]]></description>
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<title><![CDATA[Egypt soccer violence kills 74, fans turn on army]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56473</link>
<description><![CDATA[EGYPT. At least 1,000 people were injured in the violence when soccer fans staged a pitch invasion in  Port Said; The Muslim Brotherhood, saw an &quot;invisible&quot; hand at work.
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<title><![CDATA[Geopolitical Analysis: Germany&#039;s role in Europe and the European debt crisis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56454</link>
<description><![CDATA[INTERNATIONAL. For all their discussion of fiscal prudence and care, the Germans have an interest in facilitating consumption and demand for their exports across Europe. Without these exports, Germany would plunge into depression.
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<title><![CDATA[MENA region faces headwinds but should manage 3.5% growth as domestic demand returns]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56461</link>
<description><![CDATA[UAE. A perfect storm is brewing for the global economy; The surge in commodities in 2011, partly due to the US Fed&#039;s QE 2 programme, saw the outlook for the Middle East and North Africa improve, according to Saxo Bank.]]></description>
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<title><![CDATA[Lebanon &#039;B/B&#039; ratings affirmed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56459</link>
<description><![CDATA[INTERNATIONAL. &quot;Lebanon continues to face internal and external political challenges, which constrain growth, hinder fiscal consolidation, and increase the country&#039;s vulnerability to a balance of payments crisis.&quot;]]></description>
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<title><![CDATA[Saudi nominates candidate to top OPEC post]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56458</link>
<description><![CDATA[INTERNATIONAL. Move may reignite quarrel over influence in OPEC between Gulf Arab nations and Iran; OPEC secretary general post comes up in 2013.]]></description>
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<title><![CDATA[Europe signs up to German-led fiscal pact]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56448</link>
<description><![CDATA[INTERNATIONAL. Angela Merkel cemented her political ascendancy in Europe when 25 out of 27 EU states agreed to a German-inspired pact for stricter budget discipline.]]></description>
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<title><![CDATA[57% believe a cyber arms race is currently taking place, reveals report]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56445</link>
<description><![CDATA[INTERNATIONAL. Written by the Security Defence and Agenda and sponsored by McAfee, the report reveals major challenges in cyber readiness; Finland, Israel and Sweden lead the pack in first global report on Cyber Defence. 
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<title><![CDATA[Infrastructure development, youth engagement &amp; entrepreneurship, and increased political will identified as key drivers for future African growth]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56435</link>
<description><![CDATA[INTERNATIONAL. Africa investor and Brand South Africa convene global business leaders at WEF.]]></description>
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<title><![CDATA[Sarkozy election hopes hit as 2012 growth forecast halved]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56432</link>
<description><![CDATA[INTERNATIONAL. Downward revision piles more pressure on Nicolas Sarkozy a day after the president unveiled a raft of measures he hopes will jumpstart the economy.]]></description>
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<title><![CDATA[Bahrain attracts over US$300 million of investments in 2011 ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56427</link>
<description><![CDATA[BAHRAIN. Last year saw the Bahrain EDB attracted nearly twenty international businesses from around the globe, whilst the number of financial services businesses with Central Bank of Bahrain licenses rose from 401 to 414.]]></description>
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<title><![CDATA[George Soros is among &#039;angels&#039; who want civilization to survive]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56414</link>
<description><![CDATA[INTERNATIONAL. &quot;I am right now on the side of the angels. Not an easy role to play.&quot; Soros said he is among those &quot;trying to keep the system together.&quot;]]></description>
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<title><![CDATA[Eurozone &#039;wreck&#039; may force Greece out within a year, says Nouriel Roubini]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56413</link>
<description><![CDATA[INTERNATIONAL. Roubini sees a severe recession in Europe and a 50% probability &quot;that over the next three to five years the euro zone will break up.]]></description>
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<title><![CDATA[Saudi Arabian 2012 inflation to average 4.3%, says Al Rajhi Capital]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56412</link>
<description><![CDATA[SAUDI ARABIA. Consumer prices rose an annual 5.3% in December, the Saudi Press Agency reported on January 14, citing data from the Central Department of Statistics.]]></description>
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<title><![CDATA[Arab League suspends Syrian mission]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56408</link>
<description><![CDATA[SYRIA. Syrian security forces fought in the suburbs of Damascus to clear areas that have fallen under rebel control, a day after the Arab League suspended its mission.]]></description>
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<title><![CDATA[Davos global economic outlook: Restoring confidence crucial to rebuilding world recovery]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56407</link>
<description><![CDATA[INTERNATIONAL. No country immune from current crisis, says IMF Managing Director Christine Lagarde; Need to build firewalls to restore confidence; Countries must tailor their budget responses to individual situation. 

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<title><![CDATA[Educated, ambitious and essential: Women will drive the GCC&#039;s future]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56400</link>
<description><![CDATA[UAE. Booz &amp; Company addresses ways in which the GCC&#039;s private sector can address nationalization and unemployment by hiring the region&#039;s highly educated female population.

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<title><![CDATA[Private investment critical to achieve universal energy access, Ban Ki-moon tells Davos Forum]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56402</link>
<description><![CDATA[INTERNATIONAL. The initiative seeks to ensure universal access to modern energy services, double the rate of improvement in energy efficiency and double the share of renewable energy in the global energy mix, all by 2030.]]></description>
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<title><![CDATA[Saudi women &#039;allowed&#039; in football stadium ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56398</link>
<description><![CDATA[SAUDI ARABIA. Al-Sharq newspaper quoted unnamed officials as saying women will be able to watch matches in a new facility to be completed in 2014 in Jeddah.]]></description>
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<title><![CDATA[Germany wants Greece to give up budget control]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56399</link>
<description><![CDATA[INTERNATIONAL. Under the German plan, Athens would only be allowed to carry out normal state spending after servicing its debt, the The Financial Times said.

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<title><![CDATA[Europe financial crisis is at &#039;beginning of the end,&#039; says Nomura]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56396</link>
<description><![CDATA[INTERNATIONAL. The worst of the European sovereign debt crisis may be over as the region&#039;s banks are increasingly able to access funding, Nomura top executive says in Davos.]]></description>
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<title><![CDATA[Saudi Arabia to recognise Syrian National Council]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56395</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia will recognise the opposition Syrian National Council as the &quot;official representative&quot; of the Syrian people, Kuwaiti newspaper Al-Rai reported. 

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<title><![CDATA[Fitch cuts rating of five eurozone countries]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56386</link>
<description><![CDATA[INTERNATIONAL. Rating agency Fitch on Friday downgraded five eurozone countries, including Italy and Spain, citing their vulnerability to sharp turns in market sentiment.]]></description>
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<title><![CDATA[UK sets criteria for additional IMF funds]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56384</link>
<description><![CDATA[INTERNATIONAL. Eurozone countries must show &quot;the colour of their money&quot; in shoring up the single currency before any IMF funds are given to members facing economic collapse.]]></description>
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<title><![CDATA[Dubai to pay debts in 2012  &#039;without a doubt&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56368</link>
<description><![CDATA[UAE. Dubai doesn&#039;t expect to need financing from Abu Dhabi in 2012 to meet its schedule of repaying US$14 billion in debt, the chief executive of Investment Corp. of Dubai said in Davos.]]></description>
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<title><![CDATA[The Economist launches new China section to give greater insight into the fast-rising superpower]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56380</link>
<description><![CDATA[INTERNATIONAL. The Economist launches a new section on China today, offering greater insight into the fast-rising superpower, in the magazine&#039;s first new section devoted to a single country for 70 years.]]></description>
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<title><![CDATA[Greece &#039;very close&#039; to debt agreement]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56374</link>
<description><![CDATA[INTERNATIONAL. We&#039;re just about to close a deal on private sector involvement between the Greek government and the private-sector community, EU Commissioner Olli Rehn said in Davos.

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<title><![CDATA[Saudi reform &#039;a work in progress,&#039; says Prince Turki in Davos]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56372</link>
<description><![CDATA[SAUDI ARABIA. The need to modernize &quot;is recognized as such&quot; and the country needs to expand education and employment for its youth as it diversifies the economy.]]></description>
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<title><![CDATA[Oil markets seen withstanding Iran attack]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56369</link>
<description><![CDATA[INTERNATIONAL. More than 70% of investors said an attack on Iran&#039;s nuclear facilities would create only a short-term disruption in oil markets, according to a quarterly Bloomberg Global Poll. 

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<title><![CDATA[UAE chips in with US$545 million to help citizens&#039; debts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56371</link>
<description><![CDATA[UAE. The president of the United Arab Emirates has instructed authorities to aid nearly 7,000 citizens who defaulted on personal debts.]]></description>
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<title><![CDATA[Cameron slams Europe&#039;s &#039;mad&#039; transaction tax plan]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56370</link>
<description><![CDATA[INTERNATIONAL. Cameron said a shared currency must be backed with a central bank ready to act as a lender of last resort, deep economic integration between member states and a system of fiscal transfers to offset imbalances.]]></description>
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<title><![CDATA[UAE sees 2012 GDP growing at least 4%, says won&#039;t lend IMF more]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56367</link>
<description><![CDATA[UAE. &quot;This [IMF] issue, we are not part of it right now. We have to address issues in our region, our country,&quot;  Economy Minister Sultan al-Mansouri said.
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<title><![CDATA[Jordan wins US$250 million World Bank loan after regional unrest]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56364</link>
<description><![CDATA[INTERNATIONAL. The loan &quot;helps the country manage the global economic downturn and the short-term shocks caused by political events in the region.&quot; ]]></description>
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<title><![CDATA[Africa emerging as an increasingly important player in the global economy, says Brand South Africa]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56361</link>
<description><![CDATA[INTERNATIONAL. The relative decline of the West&#039;s traditional political and economic power and the rise of new emerging market powers and groupings, such as the BRICS nations, are changing the way the world understands and relates to itself.]]></description>
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<title><![CDATA[Arab Spring stumps Davos investors year after Egypt revolt]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56356</link>
<description><![CDATA[INTERNATIONAL. One year after Egypt knocked global finance off the agenda at the World Economic Forum, Arab officials returning to Davos may struggle to drum up interest in the region. 

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<title><![CDATA[Is the American Dream still achievable in 2012?]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56355</link>
<description><![CDATA[INTERNATIONAL. Barack Obama&#039;s populist vision of a fairer US society comes at a time when the American Dream is becoming tougher to achieve after three decades of rising inequality]]></description>
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<title><![CDATA[Britain to rap &#039;uncompetitive&#039; Europe at Davos]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56351</link>
<description><![CDATA[INTERNATIONAL. David Cameron will accuse Europe of being uncompetitive and failing to act decisively on the eurozone crisis when he addresses the Davos forum.]]></description>
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<title><![CDATA[Greek economy on track to implode]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56346</link>
<description><![CDATA[INTERNATIONAL. &quot;The game is completely over,&quot; Johns Hopkins University&#039;s Steve Hanke said at the Bloomberg Sovereign Debt Crisis Conference in New York.

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<title><![CDATA[UK heading back into recession as economy shrinks ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56348</link>
<description><![CDATA[INTERNATIONAL. Declines in the manufacturing and construction sectors drove a 0.2% fall in GDP in the final quarter of 2011, according to an initial estimate by the Office for National Statistics.]]></description>
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<title><![CDATA[Global economic activity trend: South by Southeast]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56344</link>
<description><![CDATA[UAE. The former centers of economic activity, the US and Europe, are stagnating, while areas to the South and East are booming.  While the so-called BRIC countries are getting a lot of the attention, the phenomenon is far more widespread. These trends in globalization offer tremendous opportunities for the business research community in the UAE and the region.

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<title><![CDATA[Despite global economic turmoil, foreign direct investment increased in 2011]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56343</link>
<description><![CDATA[INTERNATIONAL. Global FDI rose by 17%, according to a UN report which predicts it will continue to increase this year but warns of the risks posed by the frail economic climate.
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<title><![CDATA[Obama&#039;s State of the Union address indicates US focus on domestic, not foreign affairs]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56338</link>
<description><![CDATA[QATAR. Political communication expert, Betty Winfield, made the remarks at a discussion with journalism and communication students at Northwestern University in Qatar.]]></description>
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<title><![CDATA[Lagarde says combining ESM, EFSF would boost confidence]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56334</link>
<description><![CDATA[INTERNATIONAL. &quot;If the two of them could make a common European pot, that would send a very strong sign of confidence in Europe,&quot; the IMF Managing Director said.   ]]></description>
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<title><![CDATA[World needs 600 million jobs for economic growth over the next decade]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56332</link>
<description><![CDATA[INTERNATIONAL. The world faces the additional challenge of creating decent jobs for the estimated 900 million workers who subsist on less than US$2 a day.
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<title><![CDATA[UK debt soars to record one trillion pounds]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56331</link>
<description><![CDATA[INTERNATIONAL. The UK&#039;s debt mountain has smashed through the one trillion pounds barrier for the first time in history.
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<title><![CDATA[Capitalism seen in crisis by investors, reveals poll]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56330</link>
<description><![CDATA[INTERNATIONAL. International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey. 

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<title><![CDATA[Louvre, Guggenheim museums revived in Abu Dhabi after cost reviews]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56329</link>
<description><![CDATA[UAE. Abu Dhabi also approved new investments in housing, health and education, according to a statement posted on the Executive Council&#039;s web site. No cost was given.]]></description>
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<title><![CDATA[Saudi police hold nine in oil-rich east ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56327</link>
<description><![CDATA[SAUDI ARABIA. Saudi authorities arrested nine people accused of wounding three policemen in the Shiite-populated eastern province.]]></description>
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<title><![CDATA[Geopolitical analysis: Considering a US-Iranian deal]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56320</link>
<description><![CDATA[INTERNATIONAL. There are many blocks in the way of such a deal, from ideology to distrust to domestic politics. But given the knot that is being tied in the region, rumors that negotiations are being floated come as no surprise.]]></description>
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<title><![CDATA[IMF marks down global growth forecast, sees risk on rise]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56325</link>
<description><![CDATA[INTERNATIONAL. IMF says global recovery expected to stall, risks to intensify; Euro area expected to fall into mild recession, rest of world to slow; Comprehensive package needed to restore financial stability.]]></description>
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<title><![CDATA[Lagarde calls for urgent action so 2012 can be &#039;year of healing&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56321</link>
<description><![CDATA[INTERNATIONAL. Stronger growth, larger firewalls, deeper integration needed in Europe; United States, Japan, China must also take steps to strengthen their economies; IMF aims to boost its lending capacity by up to US$500 billion. ]]></description>
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<title><![CDATA[Crude oil and the impact of EU sanctions against Iran]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56315</link>
<description><![CDATA[INTERNATIONAL. Given what we know in terms of supply and demand we feel that oil prices are trading expensively but the geopolitical risk premium will stay for the foreseeable future leaving selling interest only in the hands of brave hearts.

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<title><![CDATA[QE3 may come in April, says Credit Suisse]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56308</link>
<description><![CDATA[INTERNATIONAL. &quot;We are growing, we just don&#039;t feel prosperous. It is a part of the job of the Fed to assure prosperity, one of the ways to do that is to kick - start housing.&quot; 
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<title><![CDATA[Islamists take centre stage in Egypt parliament]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56309</link>
<description><![CDATA[EGYPT. In their first act, the deputies in the Islamist-dominated lower house voted overhelmingly for Saad al-Katatni, a leading member of the powerful Muslim Brotherhood.

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<title><![CDATA[Lost decade of growth for the West]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56307</link>
<description><![CDATA[INTERNATIONAL. The concern is that the destruction of skills and capital investment caused by recession and slow growth rates will lead to a structurally lower rate of growth and higher rate of unemployment for a protracted period.]]></description>
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<title><![CDATA[US data may look better than they are, says Goldman Sachs]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56306</link>
<description><![CDATA[INTERNATIONAL. The severity of the economy&#039;s plunge in late 2008 and early 2009 after Lehman Brothers collapsed threw a wrench into models used to smooth the data for seasonal changes, according to analysts at Goldman Sachs and Nomura Securities.]]></description>
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<title><![CDATA[Crude oil trades near US$100 on concern Iran may respond to European embargo]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56310</link>
<description><![CDATA[INTERNATIONAL. Prices were little changed today, following assurances by Saudi Arabia to keep customers adequately supplied, and signs of rising supplies in the US. 
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<title><![CDATA[IMF head urges &#039;larger firewall&#039; against eurozone crisis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56305</link>
<description><![CDATA[INTERNATIONAL. Christine Lagarde had a dire warning for policymakers if they failed to do what was necessary, saying the world could slide into a &quot;1930s moment&quot; of isolationism, which led to the Great Depression and eventually to world war. ]]></description>
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<title><![CDATA[UAE inflation will be about 2% in 2012, says central bank governor]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56301</link>
<description><![CDATA[UAE. &quot;The sources of inflation in the UAE are under control. Real estate prices and rents are stable, so there&#039;s no domestic reason for it to rise,&quot; Sultan al-Suwaidi said.]]></description>
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<title><![CDATA[No cash from emerging economies until given more clout, says Saudi Arabia]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56294</link>
<description><![CDATA[SAUDI ARABIA. Big emerging economies such as China, India and Saudi Arabia will not aid the West in its financial crisis unless they are given more influence in running the global economy, former Saudi intelligence chief Prince Turki al-Faisal said. ]]></description>
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<title><![CDATA[EU agrees to slap oil embargo on Iran  ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56293</link>
<description><![CDATA[INTERNATIONAL. The European Union has agreed to slap an embargo on Iran&#039;s oil exports Monday as the West ramped up pressure over the country&#039;s suspect nuclear drive.]]></description>
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<title><![CDATA[Global Competitiveness Forum opens in Riyadh]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56291</link>
<description><![CDATA[SAUDI ARABIA. Investments are the engine of development, says King Abdullah, stressing the need to increase investment opportunities in the Kingdom.]]></description>
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<title><![CDATA[Asia set to benefit from eurozone crisis, according to research from FTI Consulting]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56290</link>
<description><![CDATA[INTERNATIONAL. Survey of 800 business leaders in Asia, the Middle East and North America found that 45% of businesses in Asia are either currently doing or looking to make strategic acquisitions in Europe in the next 12 months; The UK&#039;s status elevated in response to the eurozone crisis.]]></description>
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<title><![CDATA[Egypt blogger Michael Nabil pardoned]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56264</link>
<description><![CDATA[EGYPT. Blogger Michael Nabil who was jailed last year for insulting Egypt&#039;s armed forces has been granted a pardon, the military judiciary chief said on Saturday.]]></description>
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<title><![CDATA[Egypt Muslim Brotherhood bloc wins most seats]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56261</link>
<description><![CDATA[EGYPT. The assembly, due to hold its first session on January 23, is supposed to select a committee that will write a new constitution. ]]></description>
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<title><![CDATA[Beyond oil: Abu Dhabi seeks to diversify its economy]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56250</link>
<description><![CDATA[UAE. Enormous oil revenues and a far-sighted government have powered Abu Dhabi&#039;s economy for 40 years. But as the UAE heads into its fifth decade, it is time for private enterprise to lead the way. But is private industry ready to take up the offer?


]]></description>
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<title><![CDATA[Anonymous: A loose-knit group of &#039;hacktivists&#039;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56257</link>
<description><![CDATA[INTERNATIONAL.  Anonymous, which briefly knocked the FBI and Justice Department websites offline in retaliation for the US shutdown of file-sharing site Megaupload, is a shadowy group of international hackers with no central hierarchy.

]]></description>
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<title><![CDATA[UAE government initiatives for women empowerment revealed]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56258</link>
<description><![CDATA[UAE. Dubai School of Government seminar highlights the role of the UAE government in closing the gender gap in social, economic and political spheres.]]></description>
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<title><![CDATA[Greece debt swap talks to continue &#039;over the phone during the weekend&#039; ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56254</link>
<description><![CDATA[INTERNATIONAL. IIF chief Charles Dallara has flown to Paris on Saturday morning after two days of talks with senior Greek officials.]]></description>
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<title><![CDATA[US military chief in Israel talks amid Iran tensions ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56253</link>
<description><![CDATA[INTERNATIONAL.  US military chief General Martin Dempsey urged Israel to keep the channels of communication open with Washington amid concerns the Jewish state could launch a military strike on Iran&#039;s nuclear facilities.

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<title><![CDATA[The Economist&#039;s special report: State capitalism - the invisible hand ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56251</link>
<description><![CDATA[INTERNATIONAL. Although this new form of state capitalism is sufficiently good at mimicking the market, its &quot;biggest failure is to do with liberty&quot;. ]]></description>
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<title><![CDATA[Saudi to keep oil price stable, says central bank chief]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56246</link>
<description><![CDATA[SAUDI ARABIA. Fahad al-Mubarak also said he was not aware of any discussions on the idea of Saudi Arabia contributing more resources to the IMF fund. ]]></description>
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<title><![CDATA[Marc Faber: &#039;World War III will occur in the next five years,&#039; but relax, equities will not collapse]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56245</link>
<description><![CDATA[INTERNATIONAL. Marc Faber has taken ultra bearishness to a new level. Eventually when interest rates go up, he says, the cost of financing the failed monetary policies will become burdensome and will ultimately bring a big bust.
]]></description>
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<title><![CDATA[UK: A free nation very deep in debt ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56244</link>
<description><![CDATA[INTERNATIONAL. Little wonder a growing number are seeking to abandon credit and bank risk - albeit with some small chunk or other of their savings - by embracing price risk instead in rare, indestructible physical gold property.]]></description>
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<title><![CDATA[UAE cautions against escalating Iran tension]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56241</link>
<description><![CDATA[UAE. &quot;It&#039;s important to get far away from any escalation and we stress the stability of the region. I welcome the comments of my colleague the Iranian foreign minister to create distance from any escalation,&quot; Sheikh Abdullah bin Zayed al-Nahyan said.]]></description>
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<item>
<title><![CDATA[China to aid Saudi Arabia in nuclear power development]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56239</link>
<description><![CDATA[INTERNATIONAL. Saudi Arabia signed an agreement with China for cooperation in the development and use of atomic energy for peaceful purposes.]]></description>
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<title><![CDATA[China&#039;s Wen defends oil trade with Iran]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56236</link>
<description><![CDATA[QATAR. Premier Wen Jiabao has defended China&#039;s vast oil trade with Iran as legitimate while stressing the Beijing government&#039;s opposition to Tehran acquiring nuclear weapons.

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<item>
<title><![CDATA[Cameron outlines &#039;popular capitalism&#039; vision ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56235</link>
<description><![CDATA[INTERNATIONAL. In a high-profile speech in London, Mr Cameron defended the market and free enterprise as &quot;the best imaginable force for improving human wealth and happiness.&quot;]]></description>
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<title><![CDATA[European debt, unemployment threaten to slow down global economy, says UN]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56230</link>
<description><![CDATA[INTERNATIONAL. Growth rates for the next two years will slow down in most geographical regions, with the exception of Africa. ]]></description>
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<item>
<title><![CDATA[Iran, the US and the Strait of Hormuz crisis]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56224</link>
<description><![CDATA[INTERNATIONAL. The US continues with sanctions and covert actions while Iran continues building its covert power in Iraq and in the region. Each will try to convince the region that its power will be supreme in a year. The region is skeptical of both, but will have to live with one of the two, or with an ongoing test of wills - an unnerving prospect. ]]></description>
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<item>
<title><![CDATA[How can we feed the world? Economist Conferences to address food crisis at inaugural summit]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56216</link>
<description><![CDATA[UAE. Currently, over one billion people lack access to adequate food and nutrition. By 2050, the global population will surpass 9 billion people and agricultural systems will be increasingly challenged by water scarcity, climate change and volatility.]]></description>
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<title><![CDATA[Ron Paul supports Celente&#039;s call for &quot;Intellectual Revolution&quot;]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56214</link>
<description><![CDATA[INTERNATIONAL. &quot;Wall Street controls our financial lives; the media manipulates our minds. These systems cannot be changed from within...Without a revolution, these institutions will bankrupt the country, keep fighting failed wars, start new ones, and hold us in intellectual subjugation.&quot;
]]></description>
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<item>
<title><![CDATA[World Bank cuts global economic forecasts]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56204</link>
<description><![CDATA[INTERNATIONAL. The World Bank slashed its global economic growth forecasts and warned that rich nations&#039; debt problems may yet reap a crisis that would eclipse the tumult of 2008.]]></description>
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<item>
<title><![CDATA[Wikipedia will blackout for 24 hours to protest proposed US piracy law]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56203</link>
<description><![CDATA[INTERNATIONAL. The move is a protest against pending legislation including the Stop Online Piracy Act, or SOPA, bill, according to a statement by Wikimedia. ]]></description>
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<title><![CDATA[UK price cuts trigger inflation fall ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56199</link>
<description><![CDATA[INTERNATIONAL. Consumer prices index (CPI) inflation saw the largest drop in nearly three years to 4.2% in December from 4.8% in November, the Office for National Statistics said.]]></description>
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<item>
<title><![CDATA[Standard &amp; Poor&#039;s downgrades EU bailout fund to AA+]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56185</link>
<description><![CDATA[INTERNATIONAL. S&amp;P ratings agency downgrades the EFSF by one notch to AA+ but says it would restore the top AAA ranking if the fund obtains additional guarantees.]]></description>
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<title><![CDATA[Oil climbs from four-week low as Iran warns of Hormuz supply disruption]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56183</link>
<description><![CDATA[INTERNATIONAL. Oil climbed from the lowest price in almost four weeks as Iran said that a disruption to crude supplies through the Strait of Hormuz would cause a shock to markets that &#039;no country&#039; could manage. 

]]></description>
</item>
<item>
<title><![CDATA[Saudi Arabia wants oil around US$100/bbl, says oil minister]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56182</link>
<description><![CDATA[SAUDI ARABIA. Saudi Arabia has promised repeatedly to fill any supply gap left if output from Iran or any other major producer is disrupted.]]></description>
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<item>
<title><![CDATA[Ernst &amp; Young ITEM Club says UK back in recession]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56171</link>
<description><![CDATA[INTERNATIONAL. The economy will probably shrink in the current quarter after contracting in the last three months of 2011, the research group said in a report in London today. ]]></description>
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<title><![CDATA[Greece to default following downgrades, says Bill Gross]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56172</link>
<description><![CDATA[INTERNATIONAL. Bill Gross, who runs the world&#039;s biggest bond fund at Pacific Investment Management Co., said Greece is heading for default.]]></description>
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<title><![CDATA[UN Secretary-General calls for action to achieve &#039;Sustainable Energy for All&#039; by 2030]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56168</link>
<description><![CDATA[UAE. The Secretary-General&#039;s objectives are to expand energy access, improve energy efficiency and increase the use of renewables, all critical elements for powering sustainable development.]]></description>
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<title><![CDATA[UN chief calls on Syria&#039;s President to stop killing his own people ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56162</link>
<description><![CDATA[SYRIA. The path of repression is a dead end,&quot; Ban said in a keynote address at a conference in Beirut on democracy in the Arab world, as Damascus announced a general amnesty for crimes committed during the unrest.]]></description>
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<title><![CDATA[Over-achieving and under-represented: The case for women on boards ]]></title>'
<link>http://www.bi-me.com/main.php?c=3&amp;cg=2&amp;t=1&amp;id=56163</link>
<description><![CDATA[INTERNATIONAL. The Vice President of the European Commission, Viviane Reding, says quotas are the only way to move women into the boardroom quickly enough. But will this really open the door?]]></description>
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</channel>
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