Global News in Pictures 28th Dec '07 - 3rd Jan '08

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ELECTION POSTPONED: A cameraman captures images of a recorded speech by Pakistani president Pervez Musharraf broadcast on government-run Pakistan Television (PTV) in Islamabad, this week. Musharraf said in a speech to the nation that the postponement of general elections until February 8 was 'unavoidable'. (Getty Images)
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TRIPLE DIGITS: Oil broke through the psychological $100 barrier in this week's trading on geopolitical instability and weaker supplies. It is the first time ever crude has topped the triple digit mark. (Getty Images)
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NEW YEAR: People from around the world ushered in the New Year with fireworks celebrations over iconic structures from New York to London. The pyrotechnic display over the Burj Al Arab was said to be the UAEs biggest yet. (Kris Lee)
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GOLDEN TIMES: The precious metal ascended to $860 per ounce for the first time in almost three decades this week as traders rushed to buy the historical dollar-hedge. (Getty Images)
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CONSTRUCTION BEGINS: Work starts in Dubai on the largest waterway ever to be build in the Arab world: the $11 billion Arabian Canal. (Getty Images)
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SUBPRIME TARGET: Kuwait announced its intentions to join in the aquisition frenzy taking place in the subprime-battered financial sector of the US. (Getty Images)
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BOURSE BIDS: US authorities cleared the deal between Bourse Dubai and Nasdaq this week, paving the way for a web of exchanges linking the US, Europe, the Middle East and Asia. (Getty Images)
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EXECUTION DATE: A Palestinian boy and a man shout slogans while holding posters of former Iraqi dictator Saddam Hussein during a gathering marking the first anniversary of Saddam's execution in the West Bank city of Nablus this week. (Getty Images)
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DOLLAR WARNING: Al-Qaeda leader Osama Bin Laden issues a warning in a web-broadcast address this week, saying the Gulf Arab states' dollar peg was arbitrary and unnecessary. (Getty Images)
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RISK AVERSION: Australian cricketer, Andrew Symonds, said this week that he was unsure if he would tour to Pakistan with his nation's team in March as chaos errupted following the death of opposition leader Benazir Bhutto. (Getty Images)