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Obama applauds IMF Preliminary Agreement with Ukraine

Ukraine received a lifeline from the International Monetary Fund (IMF), winning a 27 billion dollar support fund, in the wake of the Russian annexation of Crimea.  The IMF announced a 14 to 18 billion dollar standby credit for Kiev in return for tough economic reforms.  The United States Congress also passed legislation on Thursday backing a one billion dollar loan guarantee for Ukraine. US president Barack Obama lauded the announcement.

Scientists build first synthetic yeast chromosome

(Reuters) – An international team of scientists has built a modified yeast chromosome from scratch, the latest step in the quest to make the world’s first synthetic yeast genome, an advance that would lead to new strains of the organism to help produce industrial chemicals, medicines and biofuels. Instead of just copying nature, the team did extensive tinkering with their chromosome, deleting unwanted genes here and there. It then successfully incorporated the designer chromosome into […]