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Astronomers predict shooting star over Sudan from space boulder Print
Oct 07, 2008 at 05:45 PM

PARIS (AFP) — Astronomers said a small space rock was expected to have collided with Earth early Tuesday, which would have created a spectacular fireball over Sudan but was unlikely to have caused any damage on the ground.

The meteoroid, also known as a bolide, was "only about two metres (6.5 feet) across and will break up in the atmosphere," David Morrison, a US astronomer who runs an alert network, the Near Earth Object (NEO) News, said in email late Monday.

The impact by the object, designated 8TA9D69, was calculated to have happened at 0246 GMT on Tuesday over northern Sudan, but confirmation of the strike would come later.

It was expected to be the first time that a bolide has been spotted before impact.

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Hijacked weapons 'destined for South Sudan' Print
Oct 07, 2008 at 05:40 PM

abc.net.au:

Evidence has emerged that a ship hijacked by pirates off the coast of Somalia is carrying weapons and tanks destined for South Sudan.

But the Kenyan government maintains that it ordered the military equipment.

Pirates holding a Ukrainian freighter and its crew off the Somali coast had been demanding $US20 million in ransom.

But they have reportedly halved their price.

However, the pirates' demands are now being overshadowed by a controversy about the destination of the ship's cargo

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World crisis turns into meltdown Print
Oct 07, 2008 at 05:33 PM

WASHINGTON POST:

UP TO now, it has been a financial crisis. Now it is a meltdown — an uncontrolled and largely uncontrollable financial chain reaction that threatens serious harm to the broader economy.

The immediate problem is that the institutions with most of the world's free cash — banks, money market funds, hedge funds, pension funds and big companies — are hoarding it and will not lend to one another.

One reason is that many have taken on too much debt, lost too much money and are under pressure to use any spare cash to reduce debt and rebuild reserves.

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