Paris

OECD praises US financial bailout plan

Organization for Economic Cooperation and DevelopmentParis - As investors began having second thoughts, the Organization for Economic Cooperation and Development (OECD) on Tuesday praised the United States' plan to rescue its badly ailing financial industry.

"We welcome and support the adoption of the systemic rescue plan announced by the US government ..., which will contribute to re-establish the normal operation of financial markets and preserve employment and economic activity," OECD head Angel Gurria said in a statement released in Paris.

Mars polar cap is misplaced due to Red Planet’s weather system

Paris, September 23 : Data from ESA’s (European Space Agency’s) Mars Express spacecraft has enabled scientists to better explain why Mars’s residual southern ice cap is misplaced, attributing the cause of the mystery to the Martian weather system.

Like Earth, Mars has frozen polar caps, but unlike Earth, these caps are made of carbon dioxide ice as well as water ice.

During the southern hemisphere’s summer, much of the ice cap sublimates, a process in which the ice turns straight back into gas, leaving behind what is known as the residual polar cap.

The problem is that while the winter cap is symmetrical about the South Pole, the residual cap is offset by some three to four degrees.

French parliament approves prolonged Afghan presence

French parliament approves prolonged Afghan presenceParis  - As expected, the lower house of the French parliament, the National Assembly, on Monday voted to prolong the presence of the country's troops in Afghanistan.

By a vote of 343 to 210, the results largely followed party lines, with the opposition Socialists, Communists and Greens voting against a continuation of French military deployment in the strife-torn country and the ruling UMP and its centrist allies voting in favour.

French to send more equipment, men to Afghanistan

Paris, FranceParis- France will deploy aditional military equipment to Afghanistan as well as about 100 more soldiers to service it, Prime Minister Francois Fillon said Monday ahead of a parliamentary debate of the country's presence in the country.

The materiel will include helicopters, drones, surveillance equipment and mortars, Fillon told a special session of Parliament, convened to debate and vote on the presence of French military forces in Afghanistan.

EU will stand "side by side" with Pakistan against terror

EU will stand "side by side" with Pakistan against terror

French shares rebound strongly

French shares rebound stronglyParis - Inspired by Wall Street's strong Thurs

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