An international gathering on Somalia, chaired by the United Nations, wrapped up in Rome on Wednesday with a call for stepped up support for the country, whose capital has witnessed intense fighting in recent weeks. Somali President Sheikh Sharif Sheikh Ahmed did not attend.
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"[My family] must deal directly with these people as my life depends on it. My life is worth more than any money spent." "I've been held hostage by gunmen in Somalia for nearly 10 months," said Amanda Lindhout, a Canadian freelance print and TV journalist from Sylvan Lake, Alta., to a journalist.
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The market value of retirement savings held in employer-sponsored pension funds declined by $58.1 billion, or 6.7%, during the fourth quarter of 2008 to $810.9 billion. This was attributable mainly to a fall in the market value of stocks and equity funds.
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In recent months, Canada has been affected by the fallout from the severe decline in international trade and commodity prices. However, its avoidance of excessive reliance on debt has stood both its financial institutions and overall economy in good stead.
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Canada's merchandise exports fell 5.1% to $30.8 billion in April, mostly due to a 3.2% reduction in prices while volumes decreased 1.9%.
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As of January 1, 2008, membership in registered pension plans (RPPs) in Canada amounted to 5.9 million, an increase of more than 140,000, or 2.4%, from the previous year.
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Most Canadians provided either time or money to charitable and non-profit organizations. The top 25% of donors provided 82% of total donations, and the top 25% of volunteers contributed 78% of the total unpaid work.
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HMCS Winnipeg officially wrapped up a nine-week counter-piracy mission Saturday in the Gulf of Aden, and should be home in British Columbia by summer’s end.
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Russia wants to conduct a unified operation with the UN and cooperate with NATO in the fight against piracy off the coast of Somalia, Russia's envoy to NATO said on Friday.
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The unemployment rate rose by 0.4 percentage points to 8.4%, the highest rate in 11 years. Since the employment peak of last October, employment has fallen by 363,000 or 2.1%.
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