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Friday, March 30, 2012

Daily Bulletin | 30.03.2012, 18:30 UTC

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News
Terrorism
French dawn raids net suspected Islamists
French police detained at least 19 suspected Islamic extremists in dawn raids on Friday, with several of the arrests taking place in Toulouse, the scene of Islamist attacks that claimed seven lives earlier in March.
Africa
Facing sanctions, Mali coup leader calls for help
The leader of Mali's military junta has called for outside help against Tuareg rebels in the north of the country, who have secured the key town of Kidal. Regional neighbors, however, have threatened Mali with sanctions.
Israel
Israel steps up security for annual Land Day protests
Israel has stepped up security in anticipation of annual demonstrations that mark the death of six Israeli Arabs in 1976 protests over Israel's land policies - a central cause of conflict in the region.
Pensions
Poles protest plans to raise retirement age to 67
Poland has become the latest EU country to consider raising its retirement age. And like virtually every other country before it, the measure has sparked heated opposition from union supporters.
Business
Europe
Eurozone rescue fund to grow to 800 million euros
Finance ministers from the eurozone have agreed to temporarily let the bloc's financial rescue capacity swell to 800 billion euros ($1.06 trillion). The move aims to further calm skeptical markets around the globe.
Economy
Spain announces drastic austerity budget
Spain will reduce its 2012 budget by 27 billion euros. The government views the massive cuts as a measure to finally come to grips with spiraling expenditures. Parliamentary approval seems a formality.
Retail
Fuel prices weigh heavily on German spending
Retail sales in Germany fell for the fifth consecutive month in February - against expectations of a rise on the back of positive economic data. But year-on-year figures remain fine.
Taxes
German-Swiss tax evasion deal on the verge of collapse
A bilateral agreement with Switzerland, expected to fill German state coffers with billions of euros, is threatening to founder at the last minute. Surprisingly, those who stand to profit most have vowed to block it.
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