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Friday, 18 March 2011

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A female labourer carried away watermelons following an auction at the Gaddiannaram wholesale fruit market on the outskirts of Hyderabad on March 17, 2011. India’s central bank is expected to hike interest rates for the eighth time in just over a year to clamp down on soaring inflation, which is the highest in any major Asian economy. While food inflation has fallen from peaks of 20 percent in early 2010, it remains stubbornly high at 9.50 percent, causing hardship and resentment among the general public as it erodes purchasing power. AFP


In Bahrain:

Military meddling angers Iran

Iranian Foreign Minister Ali Akbar Salehi hasin discussions with Mideast officials, warned against the consequences of foreign military invasion of Bahrain. Salehi held separate telephone conversations with Syrian Foreign Minister Walid al-Muallem, Iraqi Foreign Minister Hoshyar Zebari and Kuwaiti Deputy Prime Minister Muhammad al-Sabah over the recent developments in Bahrain on Wednesday, IRNA reported.

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Kadhafi vows decisive battle

Libyan strongman Moamer Kadhafi said his forces would fight a “decisive battle” Thursday, as Washington added its voice to efforts at the UN Security Council to impose a no-fly zone.

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