World

Gold tumbles as China data hits commodities, stocks

NEW YORK,  (Reuters) – Gold slumped anew today, racking up its worst two-day loss in 30 years, and investors dumped stocks and other commodities after weaker-than-expected Chinese data raised concerns about the global economic outlook.

Venezuelan presidential candidate Nicolas Maduro celebrates after the official results gave him a victory in the balloting, in Caracas April 14, 2013.
REUTERS/Tomas Bravo
Venezuelan presidential candidate Nicolas Maduro celebrates after the official results gave him a victory in the balloting, in Caracas April 14, 2013. REUTERS/Tomas Bravo

Tight win for Chavez’s heir spells uncertainty for Venezuela

CARACAS,  (Reuters) – Late socialist leader Hugo Chavez’s chosen successor Nicolas Maduro won Venezuela’s presidential election by a whisker but now faces opposition protests plus a host of economic and political challenges in the OPEC nation.

Hosni Mubarak

Frustration as retrial of Egypt’s Mubarak aborted

CAIRO,  (Reuters) – The retrial of former Egyptian President Hosni Mubarak was aborted today when the presiding judge withdrew from the case and referred it to another court, causing an indefinite delay that sparked anger in the courtroom.

EU losing 1 trillion euros a year to tax dodging

BRUSSELS, (Reuters) – Tax dodging causes the European Union to lose around 1 trillion euros of income each year, the president of the European Council said on Friday as he announced that EU leaders would discuss the issue at a summit next month.

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