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NASDAQ OMX Launches New Fixed Income Index | ILO Governing Body calls for comprehensive crisis response

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Saturday, November 21, 2009
News Making Money

Explosion in Pakistan kills 25, injures 30

02/11/2009 13:00 (19 Day 01:55 minutes ago)

The FINANCIAL -- According to RIA Novosti, at least 25 people were killed on November 2 in a massive explosion in a city of Rawalpindi, near the capital of Islamabad, the CNN TV news channel reported from Pakistan.

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Police Superintendent Ishtiaq Shah also said more than 30 people were injured in the attack, CNN reported.

 

The blast occurred near the Shalimar Hotel on Mall Road in the closely guarded city, which is home to Pakistan Army's headquarters and the State Bank of Pakistan.

 

Pakistan's Dawn TV channel reported that the hotel building was seriously damaged. The area was cordoned off by police, and rescuers, firefighters and doctors were working at the scene.

 

Among dead were people waiting in line at a cash machine, including two military officers.

 

Rawalpindi Police Chief Rao Muhammad Iqbal said the bomber rode up to the front of the National Bank in a motorcycle or a bicycle, although other reports said there could have been more than one attacker.

 

Last week a roadside bomb killed seven and injured 11 paramilitary soldiers in the tribal Khyber region in Pakistan's northwest.

 

The area separating Pakistan and Afghanistan has been a stronghold for Taliban radicals whofled Afghanistan after the U.S.-led invasion toppled the Taliban regime there in 2001, as well as for Al-Qaeda fighters.

 

The army launched an offensive in Khyber in September after a suicide bomber blew himself up near a border post, killing 22 police officers.

 

Pakistan started a separate offensive against Taliban in South Waziristan three weeks ago after a series of deadly suicide attacks.

 

 

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Politics
Ruling Party Firm on 30% Threshold for Mayoral Election

21/11/2009 13:54 (01:01 minutes ago)

The FINANCIAL -- According to Civil Georgia, the ruling party has already compromised on number of key electoral issues, including on rule of electing Tbilisi mayor and now expects the Alliance for Georgia to reciprocate and agree on 30% threshold for electing the capital city’s mayor, a senior ruling party lawmaker said on November 20.

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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (04:15 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.







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