World Bank chief backs BRICS bank idea
Proposed by leaders of emerging countries:
BRAZIL: Outgoing World Bank president Robert
Zoellick on Tuesday gave his backing to a new development bank
proposed by the leaders of the BRICS emerging countries. Zoellick
said the World Bank would be prepared to work with the new financial
institution,
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Myanmar, N Korea in focus as ASEAN summit starts
Cambodia: Southeast Asian leaders met yesterday
for an annual summit set to be dominated by Myanmar's historic
reforms, North Korea's planned rocket launch and strategic maritime
disputes with China.
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Combative Obama warns Supreme Court on health law
US: US President Barack Obama on Monday
challenged the “unelected” Supreme Court not to take the
“extraordinary” and “unprecedented” step of overturning his landmark
health reform law.
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