Wednesday 19 September 2012

Bank of Japan increases asset purchase programme

Yen notesThe Bank of Japan (BoJ) has extended its asset purchasing programme by 10 trillion yen ($126bn; £78bn), following similar moves by the Federal Reserve and the European Central Bank.

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Tiger Beer ad

Heineken ends Tiger beer dispute

Dutch brewer Heineken ends the stand-off over control of the maker of Tiger beer, by garnering the support of a Thai billionaire.

Mass graves found in Kenya's Tana River Delta region

A burned house is seen after an attack in Kilelengwani village in Tana River Delta (10 September) The village of Kilelengwani has been at the centre of the recent violence

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Two mass graves have been discovered in Kenya's coastal Tana Delta region.
The number and identities of the bodies in the graves are unknown, police say. A court order to exhume the bodies has been requested.
More than 100 people have been killed in clashes in the area in the past month between farmers and cattle herders over land and water.
There are accusations that politicians have incited the violence ahead of elections next March.
The long-running conflict is between the Pokomo people - mostly farmers growing cash crops by the Tana River - and the Orma, semi-nomadic

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Striking miners dance and cheer after they were informed of a wage increase offer by Lonmin on 18 September 2012SA police fire at mine protesters

South African police use rubber bullets and tear gas to disperse protesters, a day after a deal ended a six-week strike at the Marikana min

Japan approves plan to phase out nuclear power

File photo: Fukushima Daiichi Nuclear Power Plant in Fukushima Nuclear power has become a key issue in Japan after the Fukushima disaster

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Japan has partially approved a plan - without a specific deadline - to phase out nuclear power after last year's Fukushima disaster, officials say.
It unveiled the plan to drop nuclear energy by the 2030s on Friday, but its feasibility was opposed by the business sector.
The government has also launched a new nuclear safety regulatory agency.
Nuclear power has become a key public issue after a tsunami led to a meltdown at the Fukushima nuclear plants.
Before the nuclear disaster in March 2011, Japan had wanted to raise its nuclear energy use to 50% by 2030.
Under the country's new energy policy, there would be a shift towards the use of renewable energy, as well as oil, coal and gas for its power needs.
"But whether we can become nuclear-free by the 2030s is not something to be achieved only with a decision by policy makers," Trade Minister Yukio Edano, who also oversees the energy portfolio, was quoted by Reuters news agency as saying.


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