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Deutsche Post stops accepting Crimea-bound letters

FRANKFURT (Reuters) - Deutsche Post is no longer accepting letters bound for Crimea after its Ukrainian counterpart told the Geneva-based Universal Postal Union (UPU) that delivery to the region was no longer guaranteed, the German postal company said on Thursday. A Deutsche Post spokesman said that Ukraine's advisory to the UPU after Russia's annexation of Crimea also affects delivery of parcels and packages sent via the traditional postal networks of both countries.

Canada Post rate for mailing first class letter jumps 35 per cent today

OTTAWA - The cost of mailing a first-class letter within Canada is going up today — by 35 per cent. Canada Post is raising the price of a stamp to 85-cents, up from 63-cents. While the new price applies when buying stamps in bulk, it will cost $1 to buy a single first-class stamp. Canada Post says permanent stamps, which are marked "p" will continue to be accepted even though they were bought at the lower price.

Rare stamp from murderer's estate seen setting record

By Michael Roddy LONDON (Reuters) - A rare One-Cent Magenta postage stamp printed in British Guiana in 1856 and most recently owned by the estate of a du Pont chemical company heir convicted of murder is expected to fetch a record price of $10-$20 million, Sotheby's said on Monday. The stamp is being sold by the estate of the late John du Pont, who died aged 72 in a Pennsylvania prison in 2010 where he was serving a sentence for the 1996 shooting of Olympic champion U.S. wrestler David Schultz.

Rare stamp from murderer's estate seen setting record

By Michael Roddy LONDON (Reuters) - A rare One-Cent Magenta postage stamp printed in British Guiana in 1856 and most recently owned by the estate of a du Pont chemical company heir convicted of murder is expected to fetch a record price of $10-$20 million, Sotheby's said on Monday. The stamp is being sold by the estate of the late John du Pont, who died aged 72 in a Pennsylvania prison in 2010 where he was serving a sentence for the 1996 shooting of Olympic champion U.S. wrestler David Schultz.

New York to auction world's most famous stamp

The world's most famous postage stamp, a tiny piece of British colonial memorabilia from 19th century South America, is going under the hammer in New York for $10 to $20 million. It was made in 1856 in Guyana and Sotheby's will sell the magenta stamp, which bares the postmater's initials, on June 17. Last bought in 1980 by convicted murderer and American multi-millionaire, John du Pont, it has not been seen in public since going on display at a stamp exhibition in Chicago in 1986.

DHL, FedEx suspend shipments to Russian customers

By Maria Kiselyova and Olga Sichkar MOSCOW (Reuters) - Express delivery companies DHL and FedEx <FDX.N> said on Thursday they had suspended foreign shipments to individual customers in Russia because of stricter customs procedures, making it harder for internet users to buy goods from abroad.

DHL, FedEx suspend shipments to Russian customers

By Maria Kiselyova and Olga Sichkar MOSCOW (Reuters) - Express delivery companies DHL and FedEx <FDX.N> said on Thursday they had suspended foreign shipments to individual customers in Russia because of stricter customs procedures, making it harder for internet users to buy goods from abroad.

Regulators approve temporary 3-cent increase in first-class stamps to 49 cents as of Jan. 26

WASHINGTON - Mailing a letter is about to get a little more expensive. Regulators on Tuesday approved a temporary price hike of 3 cents for a first-class stamp, bringing the charge to 49 cents a letter in an effort to help the Postal Service recover from severe mail decreases brought on by the 2008 economic downturn. Many consumers won't feel the price increase immediately. Forever stamps, good for first-class postage whatever the future rate, can be purchased at the lower price until the new rate is effective Jan. 26.

In the U.S. Congress, a cheer for the end of home mail delivery in Canada

WASHINGTON - The announced demise of home mail delivery in Canada has prompted a celebratory reaction from one U.S. lawmaker, who longs to see his own country adopt a similar reform to end residential postal service. Last week's news had Republican congressman Darrell Issa issuing a statement saying he "applauded" Canada for applying a principle found in his own bill to overhaul the United States Postal Service.

Breakdown of expected savings by Canada Post under 5-stage plan to cut $900M

Canada Post is hoping to offset rising costs and falling mail volumes with a five-stage plan that will help save up to $900 million a year. Here is a breakdown of the savings Canada Post expects to achieve per year with its plan to eliminate door-to-door service and increase the price of stamps: — Between $400 million and $500 million through the use of community mailboxes instead of home delivery.
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