Britain has paid out £14 million ($22.7 million, 17.2 million euros) to Iraqis who accuse British troops of illegally detaining and torturing them following the 2003 invasion, the Ministry of Defence said Thursday. The ministry

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A vicious cold snap across Russia and eastern Europe has claimed nearly 200 lives, officials figures showed Friday, as forecasters warned it would last until Christmas Eve. In Russia, the cold has killed two people

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Mourners in Newtown, Connecticut, stood in silence under heavy rain while church bells rang to honour the 20 young children and six staff massacred in a school shooting a week ago. The sombre scene at

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Four people died Friday and several police officers were wounded in a shooting spree in rural Pennsylvania, officials said. The shootings, exactly a week after a massacre of 20 children and six adults at a

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Poor countries with loans from the IMF can continue to pay no interest until the end of 2014, the Fund's board said on Friday, as their economies are still recovering from the global economic crisis.

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Cotton eased again on Thursday on a wave of heavy selling across the commodity markets as investors fretted about the US budget crisis, with losses limited by continued speculative interest. "Sideways trading would not normally

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The most-traded March copper contract on the Shanghai Futures Exchange eased to a three-week low of 56,320 yuan, before recovering to close at 56,740 yuan ($9,100) on Friday. The contract was headed for a drop

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Copper prices rose on Friday, recovering from steep falls in the previous session, although investors remained nervous that the United States would not be able to avert a fiscal crisis, which could push the world's

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Oil prices fell on Friday after Republican lawmakers in the United States withheld support for a proposal to avert the so-called fiscal cliff, reinforcing concerns that a budget deal will not be reached before the

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Tokyo rubber futures edged higher on Friday as investors rolled over contracts to pick new ones ahead of the weekend, but concerns about inconclusive US "fiscal cliff" talks still weighed on prices, dealers said. The

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