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Politicians face anti-incumbent mood for 2010

President Barack Obama's Democrats and his Republican opponents enter the 2010 election season facing voters in an anti-incumbent mood over the sour U.S. economy, increasing the political pressure on both sides.

ECB's Noyer: price stability should remain main goal

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ECB governing council member Christian Noyer said on Monday that he didn't believe monetary policy played a central role in causing the global financial crisis, and that price stability should remain the main objective of central banks.

Stronger yuan needed for rebalancing: IMF chief

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A stronger Chinese yuan is part of the reforms that Beijing needs to implement to increase domestic consumption and help ease global imbalances, the head of the International Monetary Fund said on Monday.
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Obama meets Myanmar PM, calls for Suu Kyi's release

U.S. President Barack Obama called for the release of Myanmar opposition leader Aung San Suu Kyi when he met the country's prime minister at a meeting with other Southeast Asian leaders in Singapore on Sunday.
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China-U.S. spar over currencies ahead of Obama visit

The United States and China sparred over exchange rates at a meeting of Asia Pacific leaders on Sunday, pointing to tricky talks ahead for President Barack Obama when he flies to China to address economic tensions.
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China-U.S. debate delays APEC statement

Asia Pacific leaders struggled to agree a final statement on Sunday as Washington and Beijing debated the wording on market-oriented exchange rates and trade protectionism, an APEC delegation official said.
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China-U.S. debate delays APEC statement: official

Asia Pacific leaders struggled to agree a final statement on Sunday as Washington and Beijing debated the wording on market-oriented exchange rates and trade protectionism, an APEC delegation official said.
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UBS to hand over small amount of data: report

Swiss bank UBS may hand over only a small amount of bank data as part of a U.S. settlement because the Internal Revenue Service has succeeded in cracking down on tax evaders, a radio station reported.
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APEC to pledge support for stimulus

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.
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APEC pledges support for stimulus

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.
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APEC supports stimulus; tries to push climate change

Asia-Pacific leaders will pledge on Sunday to keep stimulus policies in place to stop the world from sliding back into recession, wrapping up a summit that has been dogged by accusations of U.S. trade protectionism.
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U.S. judge favors Grupo Mexico bid for Asarco

A federal judge has issued a ruling supporting a nearly $2.5 billion bid by Grupo Mexico, the country's largest mining company, for Asarco LLC, paving the way for the U.S. copper miner to exit bankruptcy.
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Obama pledges greater U.S. engagement in Asia

U.S. President Barack Obama pledged Saturday to deepen dialogue with China rather than seek to contain the rising power, as he laid out a vision for greater engagement with a vibrant Asia-Pacific region.
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Pay limits hamper BofA chief search: report

Bank of America Corp's search for a new chief executive has been hurt by federal pay limits that played a major role in the senior vice chairman of PNC Financial Services Group Inc spurning feelers from the company, the Wall Street Journal reported on Saturday.
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France makes Eastwood's day, gives him top honor

President Nicolas Sarkozy awarded U.S. actor and director Clint Eastwood one of France's top honors on Friday, hailing him as a cinema legend and a symbol of the type of America that the French adored.
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Google, Authors submit revised book deal

Google and the Authors Guild filed a new version of a deal to create a massive online library on Friday in hopes of answering antitrust and copyright concerns in the United States and overseas.
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New Saab owner to terminate 81 U.S. dealerships

Swedish carmaker Koenigsegg will terminate more than a third of U.S. Saab dealers when it completes its purchase of the premium brand from General Motors Co, GM said in a letter to dealers on Thursday.
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Toyota to fix accelerators in huge US recall-Kyodo

Toyota Motor Corp will soon offer to fix the accelerator pedals of up to 4 million vehicles in the United States that are subject to the company's largest ever safety recall, Kyodo News reported on Saturday.

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