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Ang Lee wins Best Director Oscar

Ang Lee wins Best Director Oscar

Awarded the Oscar for Life of Pi, Lee once again bests acclaimed director Steven Spielberg.

Thousands witness Pope’s final prayer

Thousands witness Pope’s final prayer

Pope Benedict XVI will step down as head of the Catholic Church on February 28 due to old age and failing health.

Eurozone economies to shrink in 2013, EU says

Eurozone economies to shrink in 2013, EU says

The average unemployment rate for the eurozone for 2013 is forecast at 12.2 per cent, up from 11.4 per cent previously.

British, Chinese banks to sign renminbi-pound swap deal

British, Chinese banks to sign renminbi-pound swap deal

Currency swapping of the Chinese renmimbi with the British pound increased by 240 per cent in the first half of 2012 compared to a year earlier.

Pistorius granted bail after 4 days in court

Pistorius granted bail after 4 days in court

A South African magistrate grants the Olympic star bail in the Reeva Steenkamp murder case.

Protests continue as Bulgarian cabinet resigns

Bulgaria is considered to be the poorest member of the European Union.

Pistorius bail hearing continues

Pistorius bail hearing continues

South African police now confirm that the lead detective in the case faces attempted murder charges.

Arab League, Russia hopeful for Syria talks

Arab League, Russia hopeful for Syria talks

Moscow sees positive tendencies for dialogue from both sides that could bring two-year civil war to an end.

Jordan discusses military technology with Russia

Jordan discusses military technology with Russia

Both President Putin and King Abdullah II said the countries enjoy a warm relationship.

EU renews Syria arms embargo despite criticism

Qatar's prime minister says such measures would only prolong the civil war.