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  • U.S. prepares $250 billion bank bailout (Reuters)

    A broker rests after monitoring share prices during morning trading at a securities company in Jakarta October 13, 2008. (Dadang Tri/Reuters)Reuters - The Treasury could pump $250 billion into U.S. banks in what Federal Reserve Chairman Ben Bernanke called on Tuesday a comprehensive attempt to end the credit crisis, restoring market confidence and sending Tokyo stocks up 14 percent.



  • Mexico nabs major drug cartels money man
    EXICO CITY A suspected finance officer for the feared Gulf Cartel, one of Mexicos m ain drug trafficking syndicates, has been captured in a joint operation with the United States, Mexican justice officials announced Sunday. The financier Wenceslao
  • Pan Australian in copper supply pact with China
    SYDNEY, Oct 14 (Reuters) - Pan Australian Ltd will supply China's largest copper smelting firm with concentrate from its Phu Kham mine in Laos under an initial four-year contract, the company said on Tuesday. The agreement with Tongling Nonferrous Metals
  • Mexico nabs major drug cartel's money man
    MEXICO CITY, (AFP) - A suspected finance officer for the feared Gulf Cartel, one of Mexico's main drug trafficking syndicates, has been captured in a joint operation with the United States, Mexican justice officials announced. The 'financier' Wenceslao
  • Obama Woos Nigerians In US
    From Laolu Akande (New York) DEMOCRATIC Party candidate, Senator Barack Obama, is mobilising Nigerians in the US to in turn mobilise the Nigerian community there to vote in next month's American presidential elections. This is coming as efforts to get
  • Thai PM Cancels Trips To Neighboring Countries Amid Protests
    BANGKOK (AFP)--Thailand's premier Somchai Wongsawat has canceled trips to three neighboring countries amid an escalating antigovernment campaign in the capital, government officials said Friday. Somchai called off scheduled visits to Laos, Cambodia and
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In 1975 the communist Pathet Lao took control of the government, ending a six-century-old monarchy. Initial closer ties to Vietnam and socialization were replaced with a gradual return to private enterprise, an easing of foreign investment laws, and the admission into ASEAN in 1997.

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