Inflation risk has not gone away:

China’s top statistician

China’s still faces the risks of rapidly rising prices and an overheated economy, the nation’s chief statistician said Friday.

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Iraqi authorities impose curfew in Baghdad

Iraqi authorities have imposed a three-day total curfew in Baghdad until Sunday in a bid to contain violent clashes between Shiite militants and security forces, security officials told AFP late Thursday.

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Chavez blames US invasion of Iraq for soaring oil prices

Venezuelan President Hugo Chavez said on Thursday that the U.S. invasion of Iraq is partly to blame for rising oil prices.

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