With the looming downturn, the federal government expects that a further 300,000 people will be on the unemployment line by the middle of 2010. It expects that the unemployment rate will reach around 7%, around 800,000 people. Others have predicted unemployment could reach as high as 9%.
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The article below is abridged from a February 9 statement released by East Timorese president and Nobel Peace Prize winner Jose Ramos Horta calling for an immediate end the conflict in Sri Lanka.
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