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...deal with Oz, citing national security, forcing the Chinese firm to revise the offer to exclude a valuable gold and copper mine. And Libya exercised its option to buy Venerex Energy, a producer based in Calgary, Canada, whose biggest asset is an oil and gas field 100 miles (160 km) southwest of Tripoli. That thwarted a $390 million bid that China National Petroleum Corp. had made to acquire Venerex. Beijing hasn't done itself any favors either. It blocked--on antitrust grounds that analysts considered flimsy--a bid by Coca-Cola to buy a large, privately owned fruit-juice producer...
...lumber broker. But his more recent turn, as a general contractor, brought him face-to-face with an economic force he felt he could influence: illegal immigration. Although St. Helens has a relatively small Hispanic community - some legal, some illegal - the town is just 30 miles (about 50 km) from major population centers like Portland and Beaverton, close enough that out-of-town contractors with crews of underpaid, underdocumented construction workers began bidding on jobs around town eight years ago, says Mayo. Local contractors had a stark choice: either go out of business or stop paying their workers enough...
...putting St. Helens at a competitive disadvantage to other towns in neighboring counties. Because the choice facing Margarito in the absence of a federal plan on immigration, it turns out, isn't St. Helens vs. Mexico but St. Helens vs. Woodburn, a heavily Hispanic town 60 miles (about 100 km) south with businesses that are still hiring (including at least one firm that just relocated from St. Helens...
...Italy ON DEADLY GROUND Before dawn on April 6, a devastating earthquake rocked the city of L'Aquila, about 60 miles (95 km) east of Rome, killing at least 260 people. With more than 10,000 buildings damaged or destroyed, some 28,000 people were left homeless--many of them forced to brave frigid temperatures in makeshift tent camps. As rescue workers scrambled to pull survivors from the wreckage, authorities called the 6.3-magnitude quake the nation's worst in 30 years...
After traveling 1,900 miles (3,100 km), the rocket crashes into the Pacific Ocean...