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US stocks dive 5 per cent after Democrat Obama wins election

US stocks dive 5 per cent after Democrat Obama wins electionNew York - Wall Street delivered its worst-ever post- election session Wednesday as major stock indices lost more than 5 per cent, one day after the US market's biggest-ever election day gains.

Tuesday trading saw gains of more than 3 per cent on Wall Street, even as voters were choosing Democrat Barack Obama over Republican John McCain for a four-year presidential term starting in January.

How far will Europe push the world on financial reform?

How far will Europe push the world on financial reform?Brussels - Europe's leaders have already said that they want the world's greatest powers to create a new brand of capitalism.

When they meet in Brussels on Friday ahead of a major world summit in Washington on November 15, they have to agree on the much more

difficult question of how far they should try to go right now.

Long lines for newspapers after long lines to vote

Long lines for newspapers after long lines to voteWashington - Americans formed long lines Wednesday to buy souvenir newspapers after Barack Obama's ground-breaking election as the nation's first black president.

But many went disappointed after the Washington Post, the New York Times, Chicago Tribune and other papers failed to raise their press runs enough to meet the demand.

Nikkei falls nearly 4 per cent on Wall Street's losses

Hollywood celebrates Obama's "victory of hope"

Hollywood celebrates Obama's "victory of hope"New York/Los Angeles - She was one of his earliest and most prominent supporters.

So when Barack Obama's final moment of victory came, it was no real surprise that Oprah Winfrey, the hugely influential cultural arbiter and queen of daytime television, let the tears stream down her face.

Schools would have to upgrade furniture

Schools would have to upgrade furnitureAccording to a survey, schools would soon have to upgrade their furniture as the children have outgrown the furniture designed in 1960’s due to increase in height and weight. 

A research conducted by the Furniture Industry Research Association, compared the measurements of 1,500 children in 2001 with data from 1971. It was found that average height increase in children is at a rate of 1cm a decade, with most of the growth in the lower leg. 

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