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NBA Players to Disband Union, Countersue League

The labor dispute in the National Basketball Association (NBA) took a turn for the worse Tuesday when players decided to disband their union and sue the league because they find the team owners' last offer of 50-50 profit sharing not good.

Siege of Brazil’s Biggest Slums Nets Drug Gangs

Some 3,000 police and soldiers raided and took over two of Brazil's biggest shantytowns Sunday as part of a crackdown against armed drug gangs and security preparations for the 2014 World Cup and 2016 Olympics.

Israeli Defense Chief Wishes More Explosions in Iran

Israel's defense chief, Ehud Barak wants more explosions similar to the one that struck a missile base in Iran on Saturday that killed 17 soldiers, including the key figure behind the Islamic country's missile programme.

APEC: Australia, 8 Countries Agree on Free-Trade Pact Outline

Leaders of Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam have agreed to the outlines of a free- trade agreement called Trans-Pacific Partnership (TPP) during a meeting in Honolulu, Hawaii on Saturday.

ICTSI 9-Month Income Up 39 Percent to $98 Million

Philippine-based international port developer International Container Terminal Services, Inc. (ICTSI) posted revenue from port operations of $474.9 million for nine months ending Sept. 30 2011. The income based on ICTSI's consolidated unaudited financial results for the period is 29 percent higher than the $368.2 million reported in the same period last year.

U.S. to Expand Military Presence in Australia

U.S. President Barack Obama and Prime Minister Julia Gillard are expected to announce a bilateral agreement expanding the military relations and cooperation of the two countries when the American leader visits on Thursday.

Bangkok Officials: Floods Gone in 11 Days

Thai irrigation officials said flood waters in Bangkok will be gone in 11 days as it continues to drain into the sea at a rate of 400 million cubic metres per day.

Black Rhino Extinct, White Rhinos Next

An animal conservation group has declared the black rhinoceros as extinct and warned that two other subspecies of the animal may also be lost forever due to poaching.

Jurassic Park Advisor Says He Can Create a 'Chickenosaurus'

Paleontologist Jack Horner, who was also technical advisor for the Jurassic Park trilogy, has claimed that he can create a chicken dinosaur or chickenosaurus through genetic manipulation. But he will need $1 million to splice the genes of a chicken and dinosaur to create the new species.

Kapunda Teen Admits Killing 3 Rowe Family Members

Jason Alexander Downie pleaded guilty Wednesday before the Elizabeth Magistrates Court of killing 16-year-old Chantelle Rowe and her parents in their home in Kapunda, South Australia one year ago.

IAEA Report Links Iran Nuclear Program to Military Use, Iran Enraged

The International Atomic Energy Agency (IAEA) released Tuesday a report containing information indicating Iran had conducted activities to develop a nuclear explosive device. Iran's President Mahmoud Ahmadinejad called the report a fake and accused IAEA director general Yukiya Amano of being a U.S. puppet.

Stampede among Hindu Devotees in India Kills 16

At least 16 devotees of a Hindu sect, the All World Gayatri Parivar, were trampled to death and 50 others were injured on Tuesday when a stampede occurred while they were celebrating the 100th birthday of the founder in northern India.

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