World news: Czech government loses confidence vote, China trade ...

 
 
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Thursday August 08 2013
 
 
World News
 
Czech government loses confidence vote
 
Prime Minister Jiri Rusnok to step down shortly after losing a vote of confidence in parliament, leaving the country stuck in a political crisis
 
 
 
China trade shows signs of recovery
 
 
Vatican steps up financial surveillance
 
 
Dutch mood shifts against austerity
 
 
Nairobi flights resume after blaze
 
 
Kuroda backs sales tax rise as BoJ holds
 
 
Henrietta Lacks recognised for HeLa cells
 
 
Syrian rebels target Assad motorcade
 
 
Carney warns against Japanese 'mistakes'
 
 
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The World
 
Smart Reads August 8, 2013
 

By Catherine Contiguglia
♦ An era of "digital hippies" answered the needs of crunched budgets with start-ups that focused on building communities where goods and services could be traded and shared. Their success has resulted in a regulatory backlash as traditional businesses and tax collectors look for their fair share.
♦ Obama has not been able to take control and "unwind" the "war on terror apparatus", writes the FT's Geoff Dyer, instead stoking jitters with increased security levels, vague warnings of Al Qaeda resurgence and lack of transparency regarding surveillance programs.
♦ Bank of England interest rates will remain at the historic low of 0.5 per cent until unemployment falls to 7 percent, new governor Mark Carney has pledged, saying that the economy has not reached escape velocity. It appears Carney is wary of removing stimulus measures too quickly, but will this forward guidance be enough?
♦ General Abdul Fattah Sissi, who led the coup to depose Mohamed Morsi, seems a popular choice to lead an increasingly divided country. Sissi is often cast as a modern Gamal Abdel Nasser, and though his western military training has not softened his views on the United States, he is seen as a leader that is dedicated to bringing liberal democracy to Egypt.
♦ The decision by US President Barack Obama to cancel talks with Russian president Vladimir Putin after NSA whistleblower Edward Snowden was granted temporary asylum is a sort of boiling point in a series of uncomfortable conversations between the two nations since Obama announced his plans to “reset” relations.

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