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Mr. Mugabe, 93 year old leader of the liberation struggle in what was then Southern Rhodesia, ruled over Zimbabwe for 4 decades. He was ousted in a coup and the era under Mugabe appears to be finally over. Negotiations are taking place between the vice president and the opposition parties for an interim government. This hopefully brings Zimbabwe back to a period of better governance and reintegration with the global community.

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Chaotic situations at the World Cup Soccer in Qatar as Germany exit even after a 4-2 win over Costa Rica which enables Spain to advance after a loss to Japan. Japan's goal was scored off a ball that is so close to crossing the line that it leaves everyone in utter confusion with delays in VAR- and is doubted by Spanish coach Enrique who believes it was outside.

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Ronaldo scores his 110th and 11th goal for Portugal in Portugal's 2-1 win over Ireland in the World Cup qualifying game. He joins Manchester United from Juventus on deadline day. He matches Sergio Ramos of Spain for most games played with 180th appearance for Portugal.

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With slow growth in sales of PC's which use Intel microprocessors, Intel CEO Krzanich plans to make job cuts and management changes. Intel first quarter profit was up only 3% on overall revenue unchanged from the prior quarter. Executives leaving are Ms Renee James staying till end of 2015 for transition planning, Hermann Eul and Mike Bell. Intel Capital chief Arvind Sodhani is retiring in Jan. 2015. Intel's efforts in smartphones have poor results, and sales of chips for tablets had to be subsidized leading to operating losses. Intel will reduce spending in 2015 by $300 million. Renee James was made president sharing the top position with Mr. Krzanich in May 2013 in a dual appointment. In practice it was Krzanich who took the leadership role at Intel Corp. In other changes security products, including McAfee, were integrated into Intel Operation's under general manager Chris Young. Josh Walden, general manager of new technology group now leads all product and research teams including wearable computing devices. Aicha Evans moves to the management committee....

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India begins preparations for the Women's Under 17 FIFA Women's World Cup soccer games. A new effort will be laid on developing soccer in India with focus on infrastructure, grassroots, and women's soccer. The games will kick off on October 11 to go to Oct. 30. The All India Football federation and the Government of India have identified 40 cities, and areas where games can take place.

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Mr Barofsky is the TARP Funds watchdog who has a office in the Treasury building and reports directly to Congress. He has expansive authority from Congress to go after anybody who steals TARP funds. Congress is eager to give him whatever authority he needs. And Barofsky who worked in the US Attorney's office in Manhattan is an aggressive prosecutor who is known for going after white collar crime and drug traffickers. He takes his work seriously and believes he has a broad mandate "to investigate and audit any TARP dollar, anywhere it goes."

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Aggressive prosecution by Cuomo Atorney General of New York in the auction rate securities market scandal involving Citigroup Merrill Lynch and UBS who had to buy back the securities worth billions of dollars from the investors they had allegedly defrauded.

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Major changes have happened in CEO's in 2019-2021 for major American companies in aerospace, automobiles and information technology hardware. Patrick Gelsinger is new CEO of Intel Corp. With Gelsinger come $95 billion in new investments in the US manufacturing of chips. Dave Calhoun is new CEO of Boeing as it increases investments in US manufacturing capabilities. Jim Farley is new CEO of Ford Motor Company. With Farley come billions of dollars in new investments and a shift to electric cars and electric car technologies. All three companies had new Chief Financial Officers within months of new CEO';s assuming their new roles.

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Intel Corp's overreliance on the PC market which is declining. About three fourths of Intel Corp. revenue is from the PC market. Intel stuck to its strategy of selling at higher margins to PC manufacturers and only gradually made the shift to smartphones and tablets. Intel was late to see the challenge from lower cost suppliers of chips for mobile phones and videogames. The quality of chips from these suppliers has improved to the point where they supply most of the chips worldwide for mobile phones and tablets. The late move into mobile devices has hurt performance of Intel. Net income declined to $2 billion in the 2nd quarter 2013, a 29% decline from the previous year. Revenue was down to $12.8 billion in the 2nd quarter, a decline of 5% from the prior year. Intel's new strategy is to pursue the lower end of the PC and tablet market with new chips planned for Dec. 2013 on notebook computers at prices in $300 range, and tablets in the $150 range. The new Intel CEO Mr. Krzanich is focussing on costcutting and other improvements....

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Christine Lagarde, head of the IMF, defends herself in person at the Cour de Justice de la Republique, a court made up of 12 French parliament members and 3 Supreme Court justices in France. The hearings relate to an arbitration panel award of 404 million euros to Mr. Tapie in relation to a claim he made against state supported bank Credit Lyonnais. The arbitration award was made in 2007 when Lagarde was finance minister in the government of president Sarkozy. Details of the case which has gone through many twists and turns are presented in this NYT report by Liz Alderman.

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During Euro Cup soccer 2024 Germany's faltering rail system Deutsche Bahn presents challenges with frequent cancellations and delays. So frequent are the delays that they are announced matter of factly as if it was standard way of operating the trains. One can see this in Frankfurt, which has a vast rail network operating connecting most of Europe from its main rail station. It is a result of failure to invest in upgrading rail systems and signalling, tracks, rolling stock. 

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Germany's soccer coach Joachim Low spells out his strategy in the upcoming World Cup. Germany is trying to win a consecutive World Cup, a tough feat. Low says luck and outside influences can play a role, though planning will help. He describes the role of the coach in this report as a visionary, looking to the future, the contact person, special relationships with players. Kamilla Jarzina talked to Low for this interview.

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Hard work and discipline is a defining quality of the team Ten Haig is building at Manchester United. It helps to have Varane and Casemiro in defense. Haig was quick to respond after an interview given by Renaldo, sent Sancho to the Netherlands, and dropped Rashford for being late. Martinez was given only one day for partying in Buenos Aires after winning the world cup and he was back in Manchester. Ten Haig joins Mourinho as the first coach at Manchester United to win a trophy in his first season.

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The selection of Kazuo Inamori, who headed Kyocera and KDDI Corp, to lead the turnaround of Japan Airlines Corp. (JAL). Inamori is a supporter of the Democratic Party of Japan and advises the government of prime minister Yukio Hatoyama. Along with Soichiro Honda, Akio Morita, and Matsushita, Inamori is highly respected in Japan for his management and entrepreneurial skills