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French, Malian troops retake main towns

January 24, 2013

The combined efforts of French and Malian troops has led to recapture of two key towns from al-Qaeda-linked Islamists holding Mali’s north. The towns of Diabaly and Douentza were retaken in the 11-day offensive led by former colonial power France, ..

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UN supports French military intervention in Mali

January 15, 2013

The United Nations has backed France for providing military aid to Mali to push back Islamists which are advancing their control to other parts of the country including northern and western regions. What is happening in Mali? Mali gained independence ..

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K-15 missile ready to be integrated with Arihant

January 1, 2013

The underwater missile K-15 (K-15 Sagarika missile) developed by Defence Research and Development Organisation (DRDO) was successfully launched off the Visakhapatnam coast. After one more flight, the two-stage missile will be integrated with Arihant, India’s nuclear-powered submarine. India has joined ..

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World’s oldest woman dies at 116

December 7, 2012

The oldest person on this earth Besse Cooper passed away at the age of 116. She was from Georgia. In 2011, she was chosen as the world’s oldest woman by the Guinness World Records. After her death, the title now ..

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Moody’s strips France of AAA credit rating

November 21, 2012

Moody’s Investors Service stripped Europe’s No. 2 economy France of it of its AAA credit rating. Moody’s moved France from AAA to AA1 rating. The reasons given by Moody’s for this actions: France’s persistent structural economic challenges Sustained loss of ..

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Peugeot Citroen to get €7-billion bailout

October 26, 2012

France will provide carmaker Peugeot Citroen, a €7 billion ($9.1 billion) bailout package. Why this move? The government in France wants to rein in rising unemployment. In return of this rescue package the government is expected to demand a reduction ..

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