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American economist Richard Thaler awarded Economics Nobel

S economist Richard Thaler on Monday won the Nobel Economics Prize for his pioneering work bridging the gap between economics and psychology, the jury said. “By exploring the consequences of limited rationality, social preferences, and lack of self-control, he has shown how these human traits systematically affect individual decisions as well as market outcomes,” the Nobel jury said in a …

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In Las Vegas, shooting tragedy met with goodwill from strangers

Curtis Leoni and Robin Davis had a prime spot at Las Vegas s Route 91 Harvest Country Music Festival, standing just 100 feet from the stage, the Mandalay Bay Hotel towering over them. But not long after the final act began, the pair heard a volley of shots and, as Davis puts it, “our lives changed forever.” But “we are …

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Lack of access to Myanmar’s Rakhine state ‘unacceptable’: UN

The lack of humanitarian access granted by Myanmar’s government to Rakhine state, where more than half a million Rohingya Muslims have fled violence, is “unacceptable”, the UN said Friday. “The access we have in northern Rakhine state is unacceptable”, the head of the United Nations humanitarian office, Mark Lowcock, told reporters in Geneva. A small UN team visited the crisis-wracked …

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At least 16 killed in Russian train-bus collision

– At least 16 people were killed on Friday when a train slammed into a bus that had broken down on a level crossing east of Moscow, authorities said. Uzbekistan’s foreign ministry said in a statement that 19 Uzbek citizens had died in the crash, but Russia’s Investigative Committee reported a lower figure. The accident occurred before dawn on Friday …

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Dozen dead after Chinese boat, HK tanker collide

The Japanese coastguard said Friday it had discovered a dozen bodies inside a Chinese fishing boat that capsized after a collision with a Hong Kong oil tanker off Japan s western coast the previous day. “Our divers found all the bodies of the missing 12 crew members inside the ship,” a coastguard official told AFP. Japanese authorities later said one …

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Russian strikes kill 14 civilians in eastern Syria: monitor

n air strikes killed 14 people fleeing across a river on rafts in eastern Syria as renewed fighting across the country took an ever mounting toll on civilians, a monitor said Friday. The strikes, the latest in a string of such incidents this week, targeted a group crossing the Euphrates near the militant-held town of Mayadeen, the Syrian Observatory for …

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Turkish court hands life sentences to 34 people for Erdogan death plot

A Turkish court on Wednesday handed life sentences to 34 people for plotting to assassinate President Recep Tayyip Erdogan at a luxury Aegean hotel during last year s failed coup. The 34 were given four life sentences each at the trial in the southwestern city of Mugla, state-run TRT Haber television said. The group includes former brigadier general Gokhan Sahin …

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Barack Obama wishes Michelle on their 25th wedding anniversary in a heart melting video

In a gesture fit for a silver jubilee, former US president Barack Obama wished his wife Michelle Obama on their 25th wedding anniversary in a heart melting surprise video message which was aired during the Pennsylvania Conference for Women. The former First Lady, who was speaking at the conference with Shonda Rhimes, was taken by surprise. In the video dedicated …

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Mumbai station stampede: ‘Phul gir gaya’ heard as ‘pul gir gaya’ added to panic

– A survivor’s account on Indian railways station stampede has revealed that a flower vendor shouting ‘phool gir gaya’ was misheard by the commuters as ‘pul (bridge) gir gaya’ which created the panic, hindustantimes.com reported on Wednesday. 19-year-old girl named Shilpa Vishwakarma who sustained injuries to her arms and legs was approached by the Railways Protection Force to record her …

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‘Battle of the sexes’: Saudi men react to women driving

With many carrots and some sticks, ultra-conservative Saudi Arabia seeks to tackle entrenched male attitudes towards women drivers before millions take the wheel, many for the first time, next June. For decades, hardliners cited austere Islamic interpretations to justify the ban on women, with some maintaining that they lacked the intelligence to drive and allowing them to do so would …

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