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IN THE PAPERS

'Why does Italy refuse to see the seismic risk?'

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IN THE PAPERS

"The burkini trap"

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MEDIAWATCH

Should men also be 'liberated from oppressive beachwear'?

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EYE ON AFRICA

Kenyan Government disbands National Olympic Committee over mismanagement

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THE DEBATE

France's Burkini Ban: Identity politics go to the beach (part 1)

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THE DEBATE

France's Burkini Ban: Identity politics go to the beach (part 2)

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FOCUS

Chancellor Merkel's immigration policy faces test on her home turf

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FRENCH CONNECTIONS

Understanding the burkini ban

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BUSINESS DAILY

US Treasury lashes out at EU tax probes

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Business

Markets ignore Obama fever, Dow Jones slides by more than 4%

Latest update : 2009-01-20

For the US markets, banking woes were stronger than the optimism surrounding the inauguration of Barack Obama as the 44th president. The Dow Jones Industrial Average slid 4.01 percent and the Nasdaq sank by 5.78 percent.

AFP - US stocks plunged Tuesday as renewed fears about the global banking sector offset optimism surrounding the inauguration of Barack Obama as the 44th president.
  
The Dow Jones Industrial Average slid 332.13 points (4.01 percent) to 7,949.09 at the closing bell, slipping below the key level of 8,000.
  
The Nasdaq composite sank 88.47 points (5.78 percent) to 1,440.86 and the broad Standard & Poor's 500 index lost 44.88 points (5.28 percent) to a preliminary close of 805.24.

Date created : 2009-01-20

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