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By Lucia Mutikani WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years and prices surged, offering the economy a buffer from the stiff headwinds posed by belt-tightening by Washington. The National Association of Realtors said on Wednesday existing home sales advanced 0.6 percent to an annual rate of 4.97 million units, the highest level since November 2009. The data underscored the housing market`s improving fortunes as it starts to regain its lost glory. Resales were 9.7 percent higher than the same period last year. ...
Wednesday, May 22, 2013 19:03 |
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Like many boys in Antwerp, Brian De Mulder dreamed of being a professional footballer. His favorite team was continental powerhouse FC Barcelona and he sought to emulate its Argentine superstar Leo Messi, proudly wearing “10? on the back of his jersey. He had started playing the game at the age of six and grew into a talented attacker. He planned to make a life of it.
Wednesday, May 22, 2013 19:08 |
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(Reuters) - The Cleveland Cavaliers won the NBA Draft Lottery and the top overall pick for the second time in three years on Tuesday. The Cavaliers were able to edge out the Orlando Magic, who had the highest probability of winning the top selection, as they continue to rebuild a franchise reeling from the loss of LeBron James following the 2009-10 campaign. `It`s huge for us,` Cavaliers owner Dan Gilbert told reporters. `This is our third year in a row in the lottery. Hopefully it`s our last for a long, long time. ...
Wednesday, May 22, 2013 07:41 |
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CNN`s Christiane Amanpour speaks with President Thein Sein of Myanmar in an exclusive interview.
Wednesday, May 22, 2013 13:29 |
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WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years as surging prices lured sellers back into market, which should support the housing sector and the overall economic recovery. The National Association of Realtors said on Wednesday existing home sales advanced 0.6 percent to an annual rate of 4.97 million units, the highest level since November 2009. The March sales pace was revised up to 4.94 million units from the previously reported 4.92 million units. The increase, however, was below expectations for a rise to a 4.99 million-unit rate last month. ...
Wednesday, May 22, 2013 15:14 |
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By Yeganeh Torbati and Marcus George DUBAI (Reuters) - Iran`s clerical rulers may have sought to remove any challenge to their grip by barring two vivid contenders from next month`s presidential election, but they risk alienating voters already disillusioned by the violent aftermath of the 2009 poll. The June 14 vote will have little bearing on the policies that have long put Iran at odds with the West - ranging from its nuclear program to its support for Syria`s President Bashar al-Assad and Lebanon`s Shi`ite Hezbollah guerrillas. ...
Wednesday, May 22, 2013 13:59 |
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Rebels say Hezbollah backs the Syrian Army, as it pushes into Al Qusayr. Nic Robertson reports.
Wednesday, May 22, 2013 08:27 |
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CNN`s Christiane Amanpour speaks with President Thein Sein of Myanmar in an exclusive interview.
Wednesday, May 22, 2013 07:49 |
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At least six people were killed and a number of other people were injured when a storm with a massive tornado struck an area outside Oklahoma City on Monday afternoon, officials said.
Wednesday, May 22, 2013 04:24 |
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While checking her ticket at the store, one St. Louis County, Missouri, woman finds out she won a million dollars
Wednesday, May 22, 2013 02:24 |
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