BARACK OBAMA

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Wall St loses ground after Obama comments

Stocks accelerated declines on Monday after comments from U.S. President Barack Obama did little to soothe investors anxious over the slowing pace of the recovery.

Wall Street edges lower

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Stocks dipped on Monday as confidence about the economy sagged and investors were cautious ahead of several key reports coming this week.

Putin hints will return to Kremlin in 2012

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Russia's paramount leader, Prime Minister Vladimir Putin, hinted on Monday he would return to the presidency in 2012 for six more years and said democracy protesters marching without permission deserved to be beaten.
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Netanyahu proposes bi-weekly meetings with Abbas

Israeli Prime Minister Benjamin Netanyahu has proposed meetings with Palestinian President Mahmoud Abbas every two weeks to improve the prospects of Middle East peace talks, a diplomatic source said on Friday.
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GDP seen revised down on imports and inventories

U.S. economic growth likely was much weaker than initially thought between April and June, hurt by surging imports and as rebuilding of business inventories softened, a government report is expected to show on Friday.
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Jobless claims fall but still elevated

New U.S. jobless claims fell more than expected last week but were too high to signal a shift in a weak labor market that is constraining economic growth.
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Jobless claims fall, but still elevated

New U.S. jobless claims fell more than expected last week but were too high to signal a shift in a weak labor market that is constraining economic growth.
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Stunned government to appeal stem-cell ruling

Stunned and disappointed Obama administration officials said on Tuesday they would appeal a federal court ruling that temporarily barred federal funding of embryonic stem cell research.
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Economic numbers point to darker outlook

The frail U.S. economy was dealt fresh setbacks as new U.S. jobless claims scaled a nine-month high last week and Mid-Atlantic factory activity contracted in August for the first time in more than a year.
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India to target Google, Skype messaging next: report

India may shut down Google and Skype Internet-based messaging services over security concerns, the Financial Times reported on Friday, as the government threatened a similar crackdown on BlackBerry services.
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Foreign firms helped by U.S. bailouts: panel

The U.S. tactic of pouring money into ailing financial firms during the 2007-09 crisis helped many foreign banks whose governments should have shared some of the burden, a report from a congressional watchdog agency said on Thursday.
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Freddie Mac says needs $1.8 billion from taxpayers

Mortgage finance giant Freddie Mac (FMCC.OB) on Monday said it would need another $1.8 billion in aid from taxpayers, bringing its total request since it was taken over by the government two years ago to more than $64 billion.
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Targeting seniors, Obama touts Medicare report

President Barack Obama reached out on Saturday to retired Americans, an important group of voters, touting a report that showed healthcare reform had brightened prospects for the Medicare hospital trust fund.

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