BARACK OBAMA

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Defiant, Iran's Mousavi urges more protests

Iranian opposition leader Mirhossein Mousavi urged supporters to continue protests over the re-election of hardline President Mahmoud Ahmadinejad, in a direct challenge to the Islamic Republic's leadership.

U.S. trade freeze could be slowly thawing

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After months of little U.S. action on trade, there are signs the issue could become more important for President Barack Obama, who heads to Italy in early July to meet with major trading partners.

Stanford indicted in massive U.S. fraud case

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Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.
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Stanford in court in massive fraud case

Texas billionaire Allen Stanford will appear in federal court in Virginia on Friday to answer allegations he orchestrated a massive fraud through his Antigua bank that bilked investors out of billions of dollars.
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Congress carves into Obama financial rule reforms

Senior U.S. lawmakers launched an assault on Thursday on the centerpiece of the Obama administration's financial reform plan -- giving the Federal Reserve new powers to police broad risks in the economy.
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Senators hit at core of Obama financial reforms

Senior U.S. lawmakers launched an assault on Thursday on the centerpiece of the Obama administration's financial reform plan -- giving the Federal Reserve new powers to police broad risks in the economy.
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Fed's specter could steer GE Capital revamp

The possibility of the Federal Reserve gaining regulatory authority over General Electric Co's hefty finance arm could influence how the company restructures that business.
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President Obama fails to quell gay uproar

President Barack Obama's announcement Wednesday offering limited benefits to the same-sex partners of federal employees failed to quell growing anger in the gay community that gay rights issues were getting short shrift at the White House.
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EU to launch bank rule shake-up

European Union leaders will approve new rules to tighten bank supervision at a two-day summit which starts on Thursday and is intended to show the bloc has the economic crisis under control.
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Arms talks ahead of Obama visit constructive: Russia

Russia said on Thursday that talks with the United States on reducing vast arsenals of Cold War nuclear weapons were proceeding constructively ahead of a visit by U.S. President Barack Obama to Moscow in July.
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Obama team tries to regain momentum on healthcare

President Barack Obama's administration sought to regain momentum on healthcare reform on Wednesday as lawmakers, stunned by the trillion dollar price tag, delayed the legislative timetable for the program.
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Obama finds some promises hard to deliver

Like all presidents, Barack Obama is finding it hard to deliver on some of the campaign promises he made last year, in some cases disappointing many ardent supporters who were critical to his election.
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Holes seen in U.S. climate bill's consumer shields

The U.S. climate bill would not do enough to protect consumers from future energy costs and gives away too many permits to power and natural gas distribution companies to pollute with carbon dioxide, environmental groups said.
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U.S. stock index futures mixed; eyes on banks

Dow Jones futures rose 0.1 percent and S&P 500 futures also rose 0.1 percent while Nasdaq futures fell 0.2 percent by 0913 GMT, suggesting a mixed start for U.S. stock markets on Thursday.
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Dow, S&P flat; Qualcomm lifts Nasdaq

U.S. stocks were mixed on Wednesday, weighted by a downgrade of 18 banks by Standard and Poor's and a disappointing earnings outlook from economic bellwether FedEx Corp .
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Obama urges biggest financial reforms since 1930s

President Barack Obama laid out his vision for recrafting U.S. financial regulation on Wednesday, vowing to halt a cascade of mistakes ... over the course of decades that eroded bank and market oversight.

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