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Bernard Madoff, the hedge fund boss accused of a $50bn (£32bn) fraud, has put up $10m bail and in effect been placed under house arrest. Mr Madoff turned up at New York's federal court to sign some papers but did not answer reporters'…

Ruth Madoff, the 67-year-old wife of alleged fraud mastermind Bernard Madoff, is being investigated by U.S. regulators over whether she helped maintain secret records used in a $50 billion Ponzi scheme, a person familiar with the matter…

The EU plans to save its citizens from a hypothetical threat by banning a fifth of pesticides, creating a real threat to crop yields, food prices and the poor--especially in Africa. The UK's Pesticide Safety Directorate estimates that the…

The People’s National Convention (PNC) is in disarray. The National Executive Council (NEC) on Tuesday announced the party will remain neutral in the run up to the election run-off, but the decision was not without a fight. Sammy Darko,…

Drivers plying West African routes were, within three months, exploited of $151.63 per trip by security agencies manning the sub-region’s borders, the Improved Road Transport Governance (IRTG) Project Report has revealed. The amount was…

President J.A. Kufuor has debunked claims contained in leaflets circulating nation-wide that he has stashed GH¢998 billion at the Prudential Bank. He says neither he nor his ministers have any money at the said bank. He explained further…

Hess Corporation has just wrapped up drilling on well A1-54/01 in the Arous Al-Bahar prospect in Libya. The well was drilled to a depth of 11,077 feet (3,376 m) in 2,807 feet (856 m) of water and came across a gross hydrocarbon section of…

The great historian A.J.P. Taylor, writing about 19th century European diplomacy, used words to the effect that "it would be tiresome, if every time a rule was established for the period, we had to add 'except for the Italians'." For the…

Monica Monnie would take three buses to her job on the West Side, where she worked for 18 years at a factory. On Monday, Monnie, 61, died when the pink scarf she wore got caught in a machine at the Gaw O'Hara Envelope Factory, causing…

The head of police in Mozambique’s capital Maputo, Feliciano Juvane, was gunned down last night in what police today said they suspected may be the work of organised crime. Juvane, director of order and security at the Maputo City Police…