Cuba, U.S. to resume talks on migration, mail service

Cuba has agreed to resume talks with the United States over migration and mail service between the two countries, two senior State Department officials said. Geithner left Saturday for meetings in Beijing, where he’ll discuss ways to strengthen relations between China and the United States, according to the Treasury Department. China is one of America’s most important trading partners, and its economy is tightly intertwined with efforts to reverse the global downturn

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Myanmar junta justifies Suu Kyi detention

The trial of Aung San Suu Kyi has been postponed until Friday while the country’s military junta once again justified — albeit indirectly — its detention of the opposition leader. Without mentioning Suu Kyi by name, a full-page article in the New Light of Myanmar newspaper on Saturday laid out the penalty for someone running afoul of the state’s subversion laws — under which the pro-democracy advocate is being tried. “The restrictions can be extended up to a total of five years with the prior approval of the government in accordance with the law,” the article said

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Pakistan secures key Swat Valley city

The Pakistani military says security forces have taken back the city of Mingora from the Taliban, calling it a significant victory in its offensive against the Taliban. Mingora is the largest city in Pakistan’s Swat Valley where security forces have been fighting the Taliban in a month-long offensive. “It is a great accomplishment,” said Pakistani Maj

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Oil’s Sky-High Forecast

Racing between OPEC meetings in Vienna, Saudi Arabia’s powerful oil minister Ali Al-Naimi told a reporter that the cartel was “determined” to keep the price of oil at around $25 a barrel, rather than risk a slump in the market by boosting its production. Wait a minute. $25 Al-Naimi said that in April 2003 — less than five years ago — when a barrel of oil cost one-quarter of this week’s whopping $100, and when prices were regarded as high enough to keep oil-rich countries happy

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GM China in high gear as parent company rides toward bankruptcy

As General Motors heads toward insolvency, the company that was once the biggest on the planet is still riding high in the world’s most populous country. As the storied American company prepares to financially dismantle its operations between good and poor performing assets, GM China is becoming the crown jewel in the company’s operations.

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