World Lens: Week of May 26
South Africa OK’s Wal-Mart; Haitians evicted; plus more.
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Haitians Evicted Ahead of Rainy Season - As hurricane season starts, the mayor of one large Haitian city in the Port-au-Prince region is evicting people made homeless by last year’s quake from temporary camps.(Photo: AP Photo/Dieu Nalio Chery)
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Wal-Mart Gets OK to Buy Share of South African Retailer - On Tuesday, South Africa’s Competition Tribunal approved retailer Wal-Mart’s controversial plan to buy a majority share of South African grocer Massmart for about $2.4 billion. With the deal, Wal-Mart would have a 51 percent share in the discount retailer. Critics have slammed the plan, saying it would damage the local economy.(Photo: www.walmart.com)
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Zuma: Gadhafi Ready for Truce - Libyan leader Moammar Gadhafi is ready for a truce to stop the fighting in his country, visiting South African President Jacob Zuma said Monday after meeting with him. But rebels quickly rejected his offer because the longtime leader refuses to step down.(Photo: AP Photo/Libyan state television via APTN)
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Haiti PM Nominee Wants Big Changes to Quake Panel - Haitian Prime Minister Daniel-Gerard Rouzier called for totally revamping the earthquake reconstruction commission, calling the 27-member group, tasked with managing the multibillion-dollar post-earthquake reconstruction, “dysfunctional.” Later that day, President Michel Martelly issued a statement late Wednesday saying he and Rouzier are open to discuss ways to make the commission “more efficient.”(Photo: AP Photo/Dieu Nalio Chery)
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World Bank to Loan Egypt, Tunisia $6 Billion - In an effort to boost economies in the newly revived North African nations, the World Bank has pledged to loan Egypt and Tunisia a total of $6 billion (Photo: Mark Wilson/Getty Images)
Photo By Mark Wilson/Getty Images
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U.S .Will Boycott World Racism Conference at U.N. - The Obama administration announced Wednesday it will boycott a world conference against racism being held at U.N. headquarters in September. The Obama administration announced it will boycott the 10-year commemoration of the 2001 World Conference Against Racism because it disagrees with a 2001 draft resolution that criticized Israel and equated Zionism with racism. The decision has been lauded by several Jewish organizations.(Photo: Chip Somodevilla/Getty Images)
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Oxfam Report Warns of Worsening Hunger in Africa - In a report released Wednesday, aid group Oxfam warns that decades of progress against hunger in Africa is being reversed by rising food prices, chronic droughts and “unfair” land policies. Oxfam also says that rich nations, transnational corporations and local elites are grabbing land needed for food production.(Photo: REUTERS/Jose Cendon/IFRC (ETHIOPIA)
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New Ivory Coast Government Excludes Former Leader’s Party - On Wednesday Ivory Coast President Alassane Ouattara announced members of his new government, but did not select anyone from the former president’s party. Ouattara, recently inaugurated following a five-month power struggle with former leader Laurent Gbagbo, reached out to the other side but was rebuffed.(Photo: AP Photo/Yves Herman, Pool)
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South Africa Axes Plans for Olympic Bid - South Africa will not be entering the running to host the 2020 Summer Olympic Games. Lawmakers in the nation announced last week that after hosting last year’s World Cup, the country will now focus on fighting poverty in the nation and providing citizens with basic needs. (Photo: AP Photo/Denis Farrell, File)
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Gates Foundation Has Spent $1.7B on Farming in Africa - Since the Bill & Melinda Gates Foundation announced its commitment to fight poverty and hunger in Africa through investing in agriculture five years ago, the organization has put $1.7 billion towards the efforts, but its leaders say it could take 20 years to see the results of that work. (Photo: AP Photo/ Bill & Melinda Gates Foundation)
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