BARACK OBAMA

G20 backs rescue funds boost

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G20 finance ministers promised rescue money for troubled emerging market economies on Saturday and said they would use their full fiscal and monetary firepower to combat the worst downturn since the 1930s.

OPEC to debate compliance versus cuts

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OPEC ministers will on Sunday debate whether their best policy is strict compliance with existing output curbs or a new set of cuts as they balance the issues of bulging oil stocks and a bruised world economy.
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Freddie Mac urges less fees for home loans

Freddie Mac, the second largest mortgage finance company in the U.S., urged lenders to limit fees for borrowers so they could benefit from President Barack Obama’s housing stimulus plan.test
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Pakistan Taliban say 24 dead in U.S. missile strikes

PESHAWAR, Pakistan (Reuters) - Taliban militants recovered 24 bodies and were searching for more on Friday, hours after suspected U.S. drones destroyed a camp in Pakistan's northwestern region, militants and officials said.
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U.S. consumers' mood edges up in March

U.S. consumers' mood improved unexpectedly in March as confidence in government economic policy improved, but sentiment remained anemic overall and close to a record low, a survey showed on Friday.
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Citi doesn't need more government aid: Parsons

Citigroup Inc Chairman Richard Parsons said on Thursday that the bank does not need any more capital injections from the government and expressed confidence that Citi would remain in private hands.
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U.S. plays down naval confrontation with China

The United States sought on Wednesday to play down a confrontation between Chinese and U.S. naval vessels as the two sides held high-level talks on reviving growth and reining in North Korea's nuclear program.
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Obama, Geithner get low grades from economists: report

President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to revive the world's largest economy, according to participants in the latest Wall Street Journal forecasting survey.
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U.N. to scrutinize Obama on counter-terrorism

U.N. human rights investigators on Tuesday announced a global investigation into secret detention and said they would not relax scrutiny of U.S. counter-terrorism policies under President Barack Obama.
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China navy officers harangue U.S. over sea spat

Senior Chinese navy officers poured scorn on the United States in the wake of a weekend naval confrontation, with one saying the Americans are villains crying foul as fallout between the two giants simmered.
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EPA offers first carbon reporting plan

The U.S. Environmental Protection Agency on Tuesday proposed a comprehensive U.S. system for reporting emissions of carbon dioxide and other greenhouse gases, a step toward regulating pollutants that spur climate change.
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U.S.-China spat raises tension

The United States accused China on Tuesday of adopting a more aggressive military stance as a naval confrontation sparked anger in Beijing and raised tensions ahead of a U.S. visit by China's foreign minister.
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EPA unveils first emissions reporting plan

The U.S. Environmental Protection Agency on Tuesday proposed a comprehensive U.S. system for reporting emissions of carbon dioxide and other greenhouse gases, a step toward regulating and reducing these emissions.
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Iran says U.S. still warmongering

Iran's top military commander said the new U.S. administration was just as warmongering as its predecessor, but that the United States could not afford to attack Iran, an Iranian news agency reported on Tuesday.
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U.S. autos task force meets UAW, GM, Chrysler in Detroit

Members of the Obama administration's autos task force met for the first time with the national leadership of the United Auto Workers on Monday as part of a visit to the Detroit area where they again met with executives of General Motors Corp and Chrysler.
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Wall St. slips as drug M&A overshadows banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
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Wall St slips as drug M&A overshadows banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .
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Wall St. slips; drug deal news eclipses banks

U.S. stocks fell in choppy trade and the Nasdaq slid to a fresh 6 and 1/2-year low on Monday as shares of the biggest drugmakers fell after Merck's proposed a $41 billion takeover of Schering-Plough .

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