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World stocks steadied on Wednesday after their biggest one-day plunge in over a year, with European markets bouncing on the last day of the quarter after European Central Bank funding operations eased nerves. Fresh banking and sovereign debt stress in Europe and fears of an austerity-fuelled double-dip into recession for the world economy have gripped [...]
Benigno “Noynoy” Aquino III becomes the 15th president of the Republic of the Philippines. The son of national hero Benigno “Ninoy” Aquino II and former president Corazon Aquino, Noynoy is “The new Aquino” who won convincingly in the country’s first automated — and fastest — elections Filipinos have ever witnessed. A consistent topnotcher in polls, [...]
Archaeologists have discovered the 3,300-year-old tomb of the mayor of Ancient Egypt’s capital. His resting place in Saqqara had been lost under the desert sand since 19th century treasure hunters first took away some of its decorative wall panels, officials said. Ptahmes, the mayor of Memphis, also served as army chief, overseer of the treasury [...]
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