BARACK OBAMA

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House panel OKs new way to fund home mortgages

A bill to create a new market for financing mortgages that would help wean the $10.6 trillion mortgage market off government support advanced in the House of Representatives on Tuesday.
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World Market Overview 5/2/11

U.S. stocks kicked off May with slim losses, as the energy sector followed the price of oil lower and investors couldn't sustain a morning rally that followed the death of Osama bin Laden.

Pakistan braces for backlash from Osama killing as rumors swirl

Following the spectacular killing of Osama Bin Laden in a hideaway near the capital city of Islamabad, senior figures of Pakistan’s government reportedly convened a high-level meeting to discuss the ramifications of his death, according to a report in The Nation, an English language Pakistani daily.
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Captured on Twitter: Raid against Osama bin Laden

In the early hours of Monday, Sohaib Athar reported on Twitter that a loud bang had rattled his windows in the Pakistani town of Abbottabad, adding that he hoped it wasn't the start of something nasty.
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Stocks higher after bin Laden death, M&A action

U.S. stocks rose on Monday after President Barack Obama announced that Al Qaeda leader Osama bin Laden had been killed in a firefight with U.S. forces and as a spate of proposed deals cheered investors.
Sec. of State Hillary Clinton

Clinton to Taliban: 'You Cannot Defeat Us'

Secretary of State Hillary Clinton in a speech on Monday after the U.S. announced it had killed Osama bin Laden, said the U.S. and allies would continue to take the fight to al-Qaida and the Taliban, saying you cannot defeat us.

Former Pak intelligence boss denies they harbored Osama

Amidst a growing chorus accusations by India that the Pakistani authorities had been harboring Al Qaeda leader Osama bin Laden in their country for years, the former chief of Pakistani intelligence vehemently has denied the allegations. However, he also warned that Al Qaeda may take revenge in retaliation for the killing of Osama.

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