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Mario Monti is Italy’s new Prime Minister

Rome: Mario Monti, an eminent economist and former European commissioner, was Sunday appointed as Italy’s new Prime Minister. President Giorgio Napolitano has asked Monti to...

Australian dollar charges back

The Australian dollar is recovering rapidly after hitting its lowest points in more than a year. Australian dollar fell to a low of US 93.88...

UK to tighten immigration laws

London: The British government intends to introduce new rules to curb immigrants' rights to settle down permanently in the UK. This move will most...

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