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IN PICS: News of the world Sept 1

Workers load bags of rice on to a truck at a rice warehouse in Jakarta, Indonesia. The global rice price has risen by almost 70 percent this year, raising concerns in Indonesia, which is one of the world's largest consumers. (Getty Images)

A boy sells lanterns in the popular Alzaoya market, in preparation for the Muslim holy month of Ramadan, in Gaza City, Gaza. Ramadan is the ninth month of the Islamic calendar, a month of purification where Muslims fast from dawn to sunset, seeking a higher level of spiritual consciousness through self restraint and good deeds. (Getty Images)

Photographers and protestors are sprayed with pepper spray by police outside the Republican National Convention (RNC) at the Xcel Energy Center in St Paul, Minnesota. The RNC runs until September 4. (Getty Images)

The Texas delegates wave their hats as US First Lady Laura Bush addresses the audience during the Republican National Convention 2008 at the Xcel Energy Centre in St Paul, Minnesota. The political jamboree’s opening day turned into a Hurricane Gustav fundraising effort as the Republican Party scurried to change its convention plans amid fears of being seen to stage a political celebration while a killer storm pummels the Louisiana coast. (Getty Images)

Georgians hold up their country’s flag as they gather to voice their opinions during an anti-Russian protest at Trafalgar Square in central London, England. Dozens of protestors gathered in response to Russia’s military action in Georgia and its recognition of sovereignty of breakaway regions Abkhazia and South Ossetia. (Getty Images)

Indian flood-affected villagers wade through the waters at Jankipur village in Poornia district, some 420km north-east of Patna. Massive flooding in eastern India has caused a ‘national calamity,’ the prime minister said after touring the devastated region where more than a million people remain trapped. Manmohan Singh announced a relief package of 228 million dollars and 125,000 tonnes of grain for those affected when a monsoon-swollen river changed course, flooding huge swathes of the country’s impoverished Bihar state. (Getty Images)

Mourners stand in front of the coffin of Mischa Meier during a funeral service at the Heilig-Kreuz church in Zweibruecken, Germany. 29-year old Meier was killed by a bomb attack during a patrol near Kunduz, Afghanistan. (Getty Images)

Arabian Business takes a look at the stories which made the world’s headlines during the past 24 hours.

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