Monday, November 12, 2012

Glitch prevents trade in over 200 stocks on the NYSE

NEW YORK (Reuters) - NYSE Euronext suspended trading in over 200 stocks on the New York Stock Exchange on Monday due to a technical problem with a server, although the stocks in question continued trading on other markets.

There were no closing auctions in the affected stocks and a list of the official closing prices for the securities, based on the consolidated last sale, was distributed via email and NYSE's website.

The NYSE first alerted traders it was having problems with one of its cash equity matching engines at 9:38 a.m. and it said it would not publish quotes on a total of 216 stocks, including CVS Caremark Corp and Lazard Ltd.

Nasdaq OMX Group Inc, BATS Global Markets and Direct Edge exchanges stopped sending orders to the NYSE, declaring "self help" against the exchange.

"Orders were coming in, but those who were issuing the orders were not getting their confirmations or their reports, so we felt it was best to zero it out, if you will, and then to suspend trading of those stocks on our market," said Rich Adamonis, an NYSE spokesman.

The NYSE said any open orders should be considered canceled.

Adamonis said the server issues were still being investigated at around 3 p.m., but added that they came as the stock symbols were being moved over to a new trading platform.

The NYSE said it "anticipates a normal trading day in all securities" on Tuesday.

The transatlantic exchange operator is in the process of moving all of its markets - including bonds, options, futures and cash equities - in the United States and Europe to a universal electronic trading platform.

The New York-based company's European markets have been fully integrated with the new system and the exchange is now in the process of moving over its roughly 3,800 U.S. cash equities issues to the new platform, with about 800 having migrated so far, Adamonis said.

The migration will continue to be rolled out through the rest of the year, he added.

NYSE shares closed up 1.4 percent at $23.26.

(Reporting By John McCrank; Editing by Leslie Adler and Andre Grenon)

Source: http://news.yahoo.com/glitch-prevents-trade-over-200-stocks-nyse-221119626--finance.html

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Saturday, November 10, 2012

Obama's return a test of evolving foreign policy

DUBAI, United Arab Emirates (AP) ? Phrases to describe some of the looming foreign policy challenges for President Barack Obama didn't even exist when he took the oath of office the first time: the Arab Spring, the Fordo Facility housing Iran's underground uranium enrichment labs, the stealth power of new viruses bearing names such as Stuxnet and Flame in the shadow world of cyber-sabotage.

But that also doesn't mean the list of earlier conflicts, stalemates and crises ? inherited by Obama in his first term and, in some cases, reaching back decades ? is any shorter for the White House.

The global financial downturn hangs on stubbornly in a 21st century matrix that binds, to varying degrees, all major economies into a shared economic destiny. The U.S. combat role in Afghanistan is winding down as the Iraq mission before it, but U.S. policymakers face perhaps even more complex diplomacy and deal-making ahead in Kabul. Meanwhile, other flashpoints linked to al-Qaida and Islamist extremists such as Mali and Nigeria could rise on the U.S. agenda. And, as always, showdowns that span generations ? including Cuba and the Israel-Palestinian impasse ? hold a spot on Washington's radar.

In an increasingly interconnected and politically complex world, Obama's next term may test America's evolving ? and perhaps more nuanced ? roles as a superpower confident in its military strength yet trying to reclaim its "soft power" status of nimble diplomacy and building coalitions.

"We want to pass on a country that's safe and respected and admired around the world," Obama said in his victory speech Tuesday, "a nation that is defended by the strongest military on Earth ... but also a country that moves with confidence beyond this time of war to shape a peace that is built on the promise of freedom and dignity for every human being."

The only real foreign policy sure bet is that America's current top diplomat will change. Secretary of State Hillary Rodham Clinton has announced plans to retire but could stay a few weeks into the new year. Her successor ? like many for decades ? will take on a portfolio heavily weighted toward the Middle East.

___

IRAN

Obama has stood by the policy that sanctions and diplomacy are the best course to leverage possible concessions from Iran on its nuclear program, which the West and others fear could eventually lead to atomic weapons. Iran says it seeks reactors for energy and medical research only.

The next major crossroads for the White House could be whether to consider any changes in its negotiating tactics with Tehran after three rounds of failed talks this year between envoys from Iran and world powers. Iranian officials have suggested they would consider scaling back on uranium enrichment ? the centerpiece of the stand-off with the West ? if some of the economic pressures were eased.

So far, Obama and Western allies have shown no willingness to roll back sanctions as part of a step-by-step process proposed by the Iranians. But Washington has said it would be open to groundbreaking direct talks with Tehran if there were a real chance of nuclear compromises, but that military options remain on the table.

Iran has countered with threats of hardening positions ? possibly a reflection of growing unease as sanctions cut into critical oil sales and drive the Iranian currency to record lows. Iranian officials warn they could start boosting uranium enrichment above current top levels unless the West is ready to negotiate on sanctions.

Iran claims the U.S., Israel and allies were responsible for computer viruses such as Stuxnet that caused malfunctions in centrifuges used to enrich uranium.

In turn, some cyber-security experts suggest Iran was behind malware that infiltrated Internet systems at sites such as U.S. banks and the Saudi state oil giant Aramco. Last month, U.S. Defense Secretary Leon Panetta warned that the U.S. will strike back against a cyberattack, underscoring the Obama administration's growing concern that Iran could be the first country to unleash cyberterrorism on America.

___

SYRIA

U.S. allies appear to be expecting a new, bolder approach from Obama on Syria. But it remains to be seen if the U.S. plans to change course in any significant way in a conflict that has already claimed more than 36,000 lives since March 2011.

World powers have shown no appetite for foreign military intervention, and there are fears that arming the fractious opposition could backfire, with powerful weapons falling into the hands of extremists. The U.S. supplies only non-lethal assistance to the political opposition.

Against this backdrop, a diplomatic process that has proven increasingly moribund and faltering has been the only real option for peace thus far. NATO has insisted it will not intervene in Syria without a clear United Nations mandate. But Syrian President Bashar Assad's allies, Russia and China, have blocked strong action against Damascus at the U.N. Security Council.

Britain this week called on the U.S. and other allies to do more to shape the Syrian opposition into a coherent force, saying Obama's re-election is an opportunity for the world to take stronger action to end the deadlocked civil war.

And Turkey said NATO members ? including the United States ? have discussed using Patriot missiles along the Syrian border. It was unclear whether the purpose was to protect a safe zone inside Syria or to protect Turkey from Syrian regime attacks.

In the first official comments from Damascus on the U.S. presidential elections, an editorial in the ruling Baath party's newspaper said "the Syrian crisis would be politically resolved" during Obama's second term. A U.S.-led military intervention is unlikely, the al-Baath newspaper also claimed Thursday.

___

AFGHANISTAN

While the war in Afghanistan, now in its 12th year, was barely a topic on the campaign trail, the country will certainly command a great deal of Obama's attention in his second term.

Obama soon will receive his top military officials' recommendations about how fast to withdraw the roughly 66,000 U.S. troops still in Afghanistan. The first 33,000 American troops withdrew by the end of September.

His administration is expected to begin in earnest crafting an agreement with the Afghan government to define the rules for the U.S. presence in Afghanistan after the end of 2014 when nearly all U.S. and NATO combat forces will have left the country.

That same year, Afghans are scheduled to elect a new president to replace Hamid Karzai, who is prevented by the constitution from running for a third term. The U.S. and international community does not want the next presidential election marred by the same fraud as in 2009. Some Afghans worry that having the election the same year that the international troops end their combat mission in Afghanistan will further destabilize the nation.

Afghans also are worried whether their own soldiers and police will be able to secure the country, which remains riddled with poverty, corruption, a weak government and political instability. The U.S.-led coalition says it is confident that the country will be stable and that the Afghan security forces ? now 352,000 strong ? will be able to keep their homeland from becoming a haven for international terrorists.

The Obama administration also will continue to try to lure the Taliban's top leaders to the negotiating table in hopes of finding a political resolution, but these overtures have yielded little traction so far.

___

ISRAEL-PALESTINIANS

In his first term, Obama plunged immediately into the Israeli-Palestinian conflict, hoping his hands-on approach would bring an elusive peace deal. But peace talks remain stalled after he first supported ? then retreated from ? a demand for an Israeli settlement freeze

Obama starts his second term on the eve of Israel's Jan. 22 elections and with Palestinians vowing to ask the U.N. General Assembly to recognize an independent state of Palestine ? a move opposed by the U.S. as well as Israel, which favor negotiations. The Palestinians, in congratulating Obama on his re-election, urged him to support their U.N. appeal, but the American ambassador to Israel rejected that course.

If Prime Minister Benjamin Netanyahu is returned to the helm, as expected, some analysts expect Obama ? who had frosty relations at best with the Israeli leader ? might be freed in a second term to pressure Israel to make painful overtures to the Palestinians. The Palestinians have refused for four years to negotiate without a settlement freeze.

___

CHINA

Obama's re-election averts the immediate prospect of the United States designating China a currency manipulator, which Romney had promised to do on his first day in office. That would have been a setback to relations and could even have triggered a trade war between the world's two biggest economies.

During his first term, Obama stepped up trade complaints against China but also sought to deepen ties with Beijing to diminish the prospects of a confrontation with a Chinese military that is starting to challenge U.S. pre-eminence in the Asia-Pacific.

This week, China embarks on its own once-in-a-decade leadership transition that will be critical in setting the tone for relations between the powers in the years ahead.

The run-up to the Communist Party Congress, which opened Thursday, has seen an escalation in tensions between China and Japan over disputed islands in the East China Sea. The U.S. has a treaty obligation to help Japan if it is attacked ? a scenario Washington is eager to avoid.

Obama will be looking to reassure China that the U.S. does not seek to block its rise as a global power but will also be pressing it to abide by international norms. A strident nationalistic tone in China's state rhetoric in its dispute with Japan has fueled concerns that China's new leaders could increasingly resort to such patriotic appeals if the nation's juggernaut economy slows and public dissatisfaction with the Communist Party grows further. That heightens the risk of a more adversarial relationship between the U.S. and China.

___

RUSSIA

During his first term, Obama made improving relations with Russia a priority. His so-called reset policy yielded dividends, including a major nuclear arms control pact, Russia's entry into the World Trade Organization and Russian help with the U.S. war in Afghanistan.

But as he moves into his second term, Obama's Russia policy could take a bumpy turn. Among the areas of contention: Russia's backing of Assad's regime in Syria and opposition to increased Western sanctions on Iran.

In March, Obama was caught on a microphone telling then-President Dmitry Medvedev that the U.S. would have more flexibility to work on missile defense issues after the election. Moscow wants Obama to scale back the U.S. missile defense plans in Eastern Europe that Russia has stridently opposed. But any move by the White House to limit those plans would provoke cries of appeasement from Republicans, who will continue to control the House of Representatives.

Obama is pushing to lift Cold-War era trade restrictions that are preventing U.S. companies from enjoying the full benefits of Russia's entry into the WTO. U.S. lawmakers, including many from Obama's party, are tying the removal of restrictions to another bill that would target senior Russian officials implicated in human rights abuses with financial sanctions. The Kremlin has said it would retaliate with economic measures of its own.

___

NORTH KOREA

There's little appetite in Washington to haggle with North Korea for possible deals to provide aid in return for a rollback in Pyongyang's nuclear program.

Last year, Obama's sole attempt at negotiating a nuclear freeze with North Korea in exchange for food aid ended in failure when Pyongyang launched a long-range rocket in defiance of U.N. ban. Now, North Korea is hinting that it may withdraw from its 2005 commitments on denuclearization as a prelude to declaring itself a nuclear power, which would bring strong U.S. objections.

Washington could respond by moving to tighten already tough sanctions against the North, but that could likely leave the U.S. at odds with the winner of a December presidential election in key ally South Korea. The next president is expected to adopt a more conciliatory stance toward the North than the incumbent, Lee Myung-bak, who has been Obama's staunchest backer in Asia.

The U.S. will continue urging China to use its fraternal relations and economic leverage over North Korea to urge it to disarm, but China will remain reluctant to use too much pressure. Beijing fears a collapse of fledgling leader Kim Jong Un's government and the instability and flood of refugees that could ensue. China also fears the possible emergence of a U.S. ally on its border if the rival Koreas unify.

___

CUBA

There are no signs of major breakthroughs in the frosty relationship between Washington and Havana. The U.S. says the island must hold free elections. Cuba demands an end to the 50-year-old economic embargo. Neither side has shown a willingness to budge.

Yet freed from worrying about the voting from swing state Florida's Cuban-American community ? where he polled about even with Romney ? the president has room to tinker with the sanctions and their enforcement if he's interested in pursuing a thaw with Havana.

Obama could allow more U.S. travel and trade, try to increase diplomatic and law-enforcement cooperation or remove Cuba from Washington's list of state sponsors of terror, a designation that has long irked Havana.

Obama's re-election also means Cuba policy changes he made in the first term will likely remain, such as increased cultural exchanges and eased restrictions on Cuban-Americans traveling to the island and sending remittances back home. The latter has become a key source of financing for mushrooming small businesses allowed under President Raul Castro's economic reforms.

Perhaps Washington's top priority on Cuba is winning the release of Alan Gross, a U.S. government subcontractor sentenced to 15 years in prison after he imported sensitive communications equipment. Gross and U.S. officials say he was only setting up Internet connections for the island's Jewish community.

Cuba has demanded the return of five Cuban intelligence agents serving long sentences in the United States. Washington rejected that idea.

___

CLIMATE CHANGE

Those calling for stronger action on climate change were thrilled that Obama made a reference to the "destructive power of a warming planet" in his victory speech in a reference that clearly included the devastation by superstorm Sandy on the U.S. East Coast. Now comes the hard part: doing something about it.

Many countries are still frustrated by what's seen as a lack of ambition from the U.S. in global efforts to curb greenhouse emissions.

The Bush administration pulled out of a U.N. pact to curb emissions from industrialized countries, saying it was unfair because it didn't include major developing economies such as China

The U.S. hasn't really shifted that stance under Obama, insisting it won't be part of any global climate pact unless it also imposes binding commitments on China, which views global warming as a problem mainly caused by the West.

That issue is likely to remain a stumbling block during Obama's second term. Sweeping climate action, including international commitments, needs approval from Congress, where many Republicans don't accept the mainstream science on global warming.

___

Associated Press writers contributing to this report: Elizabeth A. Kennedy in Beirut, Lebanon; Deb Riechmann in Kabul, Afghanistan; Amy Teibel in Jerusalem; Matthew Pennington and Desmond Butler in Washington; Karl Ritter in Stockholm, Sweden; and Peter Orsi in Havana, Cuba.

Source: http://news.yahoo.com/obamas-return-test-evolving-foreign-policy-174917446.html

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Friday, November 9, 2012

Link found between child prodigies and autism

ScienceDaily (Nov. 9, 2012) ? A new study of eight child prodigies suggests a possible link between these children's special skills and autism. Of the eight prodigies studied, three had a diagnosis of autism spectrum disorders. As a group, the prodigies also tended to have slightly elevated scores on a test of autistic traits, when compared to a control group.

In addition, half of the prodigies had a family member or a first- or second-degree relative with an autism diagnosis.

The fact that half of the families and three of the prodigies themselves were affected by autism is surprising because autism occurs in only one of 120 individuals, said Joanne Ruthsatz, lead author of the study and assistant professor of psychology at Ohio State University's Mansfield campus.

"The link between child prodigies and autism is strong in our study," Ruthsatz said. "Our findings suggest child prodigies have traits in common with autistic children, but something is preventing them from displaying the deficits we associate with the disorder."

The study also found that while child prodigies had elevated general intelligence scores, where they really excelled was in working memory -- all of them scored above the 99th percentile on this trait.

Ruthsatz conducted the study with Jourdan Urbach of Yale University. Their results were published in a recent issue of the journal Intelligence.

For the study, the researchers identified eight child prodigies through the internet and television specials and by referral. The group included one art prodigy, one math prodigy, four musical prodigies and two who switched domains (one from music to gourmet cooking, and one from music to art). The study included six males and two females.

The researchers met with each prodigy individually over the course of two or three days. During that time, the prodigies completed the Stanford-Binet intelligence test, which included sub-tests on fluid reasoning, knowledge, quantitative reasoning, visual spatial abilities and working memory.

In addition, the researchers administered the Autism-Spectrum Quotient assessment, which scores the level of autistic traits. The prodigies' scores on the test were compared to a control group of 174 adults who were contacted randomly by mail.

Ruthsatz said the most striking data was that which identified autistic traits among the prodigies.

The prodigies showed a general elevation in autistic traits compared to the control group, but this elevation was on average even smaller than that seen in high-functioning autistic people diagnosed with Asperger's syndrome.

Autism is a developmental disability characterized by problems with communicating and socializing and a strong resistance to change. People with Asperger's are more likely than those with autism to have normal intelligence, but tend to have difficulties with social interaction.

The prodigies did score higher than the control group and the Asperger's group on one subsection of the autism assessment: attention to detail.

"These prodigies had an absolutely amazing memory for detail," she said. "They don't miss anything, which certainly helps them achieve the successes they have."

Ruthsatz said it was not the three prodigies who were diagnosed with autism who were driving this particular finding. In fact, the three autistic prodigies scored an average of 8 on attention to detail, compared to 8.5 for the entire group of prodigies.

On the intelligence test, the prodigies scored in the gifted range, but were not uniformly exceptional. While five of the eight prodigies scored in the 90th percentile or above on the IQ test, one scored at the 70th percentile and another at the 79th percentile.

But just as they did in the autism assessment, the prodigies stood out in one of the sub-tests of the intelligence test. In this case, the prodigies showed an exceptional working memory, with all of them scoring above the 99th percentile.

Working memory is the system in the brain that allows people to hold multiple pieces of information in mind for a short time in order to complete a task.

The findings paint a picture of what it takes to create a prodigy, Ruthsatz said.

"Overall, what we found is that prodigies have an elevated general intelligence and exceptional working memory, along with an elevated autism score, with exceptional attention to detail," Ruthsatz said.

These results suggest that prodigies share some striking similarities with autistic savants -- people who have the developmental disabilities associated with autism combined with an extraordinary talent or knowledge that is well beyond average.

"But while autistic savants display many of the deficits commonly associated with autism, the child prodigies do not," Ruthsatz said. "The question is why."

The answer may be some genetic mutation that allows prodigies to have the extreme talent found in savants, but without the deficits seen in autism. But the answer will require more study, Ruthsatz said.

"Our findings suggest that prodigies may have some moderated form of autism that actually enables their extraordinary talent."

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Story Source:

The above story is reprinted from materials provided by Ohio State University. The original article was written by Jeff Grabmeier.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Joanne Ruthsatz, Jourdan B. Urbach. Child prodigy: A novel cognitive profile places elevated general intelligence, exceptional working memory and attention to detail at the root of prodigiousness. Intelligence, 2012; 40 (5): 419 DOI: 10.1016/j.intell.2012.06.002

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/Ggblml-xka8/121109111246.htm

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Flight cancellations still piling up in New York

1 day

NEW YORK --?Air travel in the New York area still isn't back to normal after the second major storm in little more than a week.

Major airlines have scratched about 600 flights around the U.S. Thursday, according to flight tracking service FlightAware. The majority of those are in the New York area, although airports in Boston, Philadelphia, Washington, D.C. and elsewhere are affected.

More than 1,600 were canceled Wednesday when a nor'easter hit the area with a mix of rain and snow. United and American suspended operations in the region by afternoon, as white-out conditions developed. Other airlines cancelled a handful of flights and encouraged passengers to reschedule.

Superstorm Sandy caused more than 20,000 flight cancellations when it hit last Monday, making it the second-most disruptive storm in the last seven years.?

Source: http://www.nbcnews.com/travel/flight-cancellations-still-piling-new-york-1C6929096

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Thursday, November 1, 2012

Oldsmobile 4-4-2 Sports Coupe sells for $100,000 at Mecum St ...


Photos courtesy Mecum Auctions.

While Oldsmobile 4-4-2 convertibles regularly surpass the six-figure mark at auction, it takes a little something extra for a closed 4-4-2 to earn that kind of money, particularly a sport coupe. For the 1970 Oldsmobile 4-4-2 W-30 Sport Coupe that sold for $100,000 at last weekend?s Mecum auction in St. Charles, Illinois, that little something extra came in the form of complete documentation and a stunning restoration.

According to Mecum, Findlay Oldsmobile of Las Vegas originally sold the 4-4-2, one of 142 Sport Coupes to feature a four-speed manual transmission that year and one of 1,688 total 1970 4-4-2 Sport Coupes. Fitted with the W-30?s 370hp 455, the 4-4-2 also came with bucket seats, Hurst shifter, 3.42 Anti-Spin rear axle, and W-27 aluminum differential cover. Collector Mike Guarise eventually obtained the 4-4-2, still with its original drivetrain, original sheetmetal, original red inner fenders, and the factory build card, then handed it off to Muscle Car Designs of Joliet, Illinois, for a full body-off restoration, which wrapped up in 2009. Since then, Guarise won a couple of awards with the 4-4-2, but otherwise left it alone alongside two other red GM supercars in his collection, a 1970 Chevrolet Chevelle SS454 LS6 (which sold for $80,000) and a 455-powered 1970 Pontiac GTO (which sold for $65,000).

Aside from the 4-4-2 and the Chevelle, the top 10 sales from Mecum?s St. Charles auction include a 2000 Country Coach Prevost Motorhome, which sold for $160,000; a 1937 Chevrolet Street Rod, which sold for $125,000; a 1997 Porsche 911 Carrera Turbo S, which sold for $111,000; a 1957 Chevrolet Corvette Fuelie, which sold for $100,000; a 1960 Chevrolet Corvette Convertible, which sold for $99,000; a 2002 Ferrari 360 Spider F1, which sold for $95,000; a 2005 Lamborgihni Gallardo Coupe, which sold for $90,000; and a 1963 Chevrolet Corvette Split Window Coupe, which sold for $81,500.

On the other end of the scale, a number of cars sold for less than $5,000 at the St. Charles auction, including a 1969 Chevrolet Caprice that sold for $2,250, a 1966 Dodge D100 Pickup that sold for $2,500, a 1985 Ford Mustang GT Convertible that sold for $2,500, a 1994 Pontiac Firebird that sold for $3,000, a 1966 Oldsmobile Vista Cruiser that sold for $3,000, a 1969 Chevrolet Caprice that sold for $3,000, a 1972 Jaguar XJ6 that sold for $3,500, a 1984 Chevrolet Corvette Coupe that sold for $3,500, a 1984 London taxi that sold for $3,500, and a 1979 Lincoln Continental that sold for $3,500.

For full results from the Mecum St. Charles auction, visit Mecum.com.

Source: http://blog.hemmings.com/index.php/2012/10/31/oldsmobile-4-4-2-sports-coupe-sells-for-100000-at-mecum-st-charles/

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Genie Garage Door-Garage Door Installation Las Vegas Services ...

If you own a home with a garage door more than likely you will also have some kind of automatic Genie Garage Door opener. If your contractor installed the door opener when your home was built in most cases it was the cheapest model available. Using garage doors pricing to select a garage door opener is usually not a good idea. Frequently these automatic garage door openers begin to fail within a few short years. Not having a quality garage door opener installed in your garage will not only lead to an inconvenient failure but also could put your home and family at risk.

Genie garage doors openers have been around for a long time and have set the standard for automatic garage door openers. There are probably more Genie garage doors openers in American homes than in any other brand of Action garage door opener. They manufacture a full line of home garage door openers including several models that can easily installed by just about any home powner.

You can find Genie garage doors openers for sale in most of the big box home improvement stores including Home Depot and Lowes. In addition these home improvement stores will also arrange for professional Garage Door Installation Las Vegas if desired. In most cases unless you are going to need several wired keypads a professional installer will complete the job of installation in less than an hour. Genie garage doors opener systems feature wireless keypad systems that make installation very simple.


Source: http://www.latestwebtrends.com/genie-garage-door-garage-door-installation-las-vegas-services-for-your-residence/?utm_source=rss&utm_medium=rss&utm_campaign=genie-garage-door-garage-door-installation-las-vegas-services-for-your-residence

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Official: Gunmen kill 20 in north Nigeria village

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