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Coverage of the third plane crash in one week - from France, Algeria and Burkina Faso

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IN THE PAPERS

Coverage of the plane crash that took 116 lives - almost half of them French

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DEBATE

Gaza: A Truce At All Costs?

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AFRICA NEWS

Central African Republic: Brazzaville ceasefire talks deliver fragile deal

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FOCUS

Sluggish tourist season in Crimea

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Bartabas : Mixing Christ with Spanish music and dancing horses

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IN THE PAPERS

Shifts in the propaganda war waged between Israelis and Palestinians

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IN THE PAPERS

French MPs face quandary in pro-Palestinian rallies

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THE INTERVIEW

Yezid Sayigh, Senior Associate at the Carnegie Middle East Center in Beirut

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  • Live: ‘No survivors’ from Algerian plane crash, says Hollande

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  • Wreckage of Algeria plane found in Mali

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  • Protest against Gaza offensive turns deadly in West Bank

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  • Deadly strike on UN shelter in Gaza Strip

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  • BNP to pay $80 million for defrauding Dept of Agriculture

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  • Pope meets Christian woman sentenced to death in Sudan

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  • Air Algérie crash: 'We should eliminate the missile hypothesis'

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  • Italy’s Nibali cruises to victory in 18th stage of Tour de France

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  • Iraqi parliament elects moderate Kurd as president

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  • US, European agencies lift travel restrictions to Tel Aviv

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  • No end to fighting until Israel ends Gaza blockade, Hamas says

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  • Two foreign women shot dead in western Afghanistan

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  • At least 60 killed in attack on prison convoy near Baghdad

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European markets drop, Russia's plunges

Latest update : 2008-10-08

European stocks dropped quickly on Wednesday, following huge falls in Asia. Trading was frozen on Russia's two main stock markets after plunges of more than 11% on opening, while the FTSE 100 index fell 5.58%.

European stock markets raced lower on Wednesday as panic selling set in amid the global financial crisis.
  
Trading was frozen on Russia's two main stock markets after plunges of more than 11 percent in initial trading.

London's FTSE 100 index was off by 5.58 percent at 4348.42 points, after Britain announced the partial nationalisation of eight British banks.
  
Continent-wide losses came after Tokyo's stock index shed 9.38 percent to mark its biggest one-day loss since October 20, 1987.
  
In Vienna, the ATX index lost almost 10 percent in morning trading to 2,222.45 points
  
Frankfurt's Dax index of blue-chip shares had lost 6.84 percent to 4,982.88 points, hitting levels last seen in late September 2005.
  
French stocks fell even further, losing 8.18 percent owing to the deepening world financial turmoil, while in Amsterdam the stock market had dropped 9.18 percent an hour after its opening.
  
Milan was off by 6.11 percent in morning trading, and Brussels' Bel-20 index lost 6.5 percent as the financial crisis tightened its grip on all virtually all markets.
  
Stock prices on the Prague exchange fell by more than 7.0 percent.
  
In Zurich, Swiss shares fell by relatively modest 3.45 percent in opening trade, with banking stocks hit the hardest.

Date created : 2008-10-08

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