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Not much value for the name, but you're doing the right thing by developing it. You really should put it on a real host, and work on it a bit more though.
The name doesn't do much for me either. I don't believe that the news widgets count as content for your page when it's spidered, so consider adding a few relevant articles containing those keywords as well to drive traffic in the meantime. You're on the right track though, good luck!