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Tuesday, March 26, 2013

Newsline | 26.03.2013, 17:15 UTC

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News
Cyprus
Doubts surface over Cyprus as bailout model
European officials have sought to allay fears that the Cyprus bailout could be a model for future emergency packages. Meanwhile, Cyprus' central bank has appointed a new boss for the country's largest commercial lender.
Trade
China and Brazil ink trade deal ahead of BRICS summit
BRICS members China and Brazil have agreed to trade the equivalent of up to $30 billion per year in their own currencies. The agreement will take almost half of their trade exchanges out of the US dollar zone.
World
Cyprus
Cypriots hit hard by bailout deal
The deal that has been struck to save the country from bankruptcy badly hurts small business owners. People who saved money for retirement lost their old-age insurance.
Conflict
Azawad trumps Mali elections
Mali's troubled interim president Dioncounda Traore wants to hold elections before the end of July. But, the country's Tuareg refugees, now living in Burkina Faso, have other concerns and aspirations.
Justice
Zambian ex-president pleads 'not guilty'
In a magistrate's court in Lusaka, Zambia's ex-president, Rupiah Banda, protested his innocence on Tuesday when answering a charge of abuse of power linked to an oil contract he signed while in office.
universities
EU courts foreign students with new visa rules
EU countries make it too difficult for foreign students and scientists to come to European universities. The EU Commission wants to change visa processes and entry requirements - yet deeper problems remain.

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