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G7 set to issue FX statement

The Group of Seven rich nations is expected to issue its customary call for stable exchange rates on Saturday, but do nothing more specific to address concern a weak dollar could hurt European exports.

ElBaradei bound for Iran to pin down Geneva accord

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The head of the U.N. nuclear watchdog will head to Iran this weekend to pin down an Iranian pledge, made at talks with big powers on Thursday, to open a newly revealed uranium enrichment site to inspections.
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Gasps greet Chicago's ouster from Games bid

Gasps and tears greeted the announcement on Friday that Chicago had lost its bid to host the 2016 Summer Games, as the city went from favorite to also-ran in the multibillion-dollar Olympics sweepstakes.
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U.S. to give Japan time to assess troop rejig deal: envoy

The United States wants to give Japan's new government time to review a contentious agreement on rejigging U.S. troops in the country, but thinks an existing deal is the best solution, U.S. ambassador John Roos said on Friday.
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Fresh quake near Tonga, tsunami toll nears 200

Grieving Samoans buried their dead in unmarked beachside graves on Thursday as the gruesome task of recovering bodies from villages destroyed by four tsunamis continued and an aftershock shook the region.
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IMF, World Bank warn on cooperation

The International Monetary Fund and the World Bank warned on Friday that the global economic recovery might falter as complacent policymakers lost their will to cooperate.
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EU warns American, BA over tie-up plans

American Airlines (AMR.N) and fellow Oneworld alliance partners British Airways (BAY.L) and Iberia (IBLA.MC) face fresh European Union antitrust hurdles as they look to extend their pact to include coordinated schedules and prices.
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Myanmar court upholds Suu Kyi guilty verdict

A court in army-ruled Myanmar upheld its guilty verdict on opposition leader Aung San Suu Kyi Friday, a legal source said, a ruling likely to keep the Nobel laureate in detention until after next year's elections.
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Video shows Israeli soldier well; prisoners freed

A two-minute video of an Israeli soldier held captive by the Palestinian Islamist group Hamas for the past three years shows him healthy and coherent and speaking to the camera, Israeli officials said on Friday.
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Aid trickles in as Indonesia quake toll tops 1,000

Aid for thousands of survivors of an earthquake in the Indonesia port of Padang began trickling in on Friday, but rescue efforts were hampered by power blackouts and a lack of heavy equipment to shift masonry.
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President and First Lady back Chicago 2016 bid

Chicago played its two trump cards on Friday, U.S. President Barack Obama and his wife Michelle both making impassioned speeches as they urged the IOC to choose the Windy City as host of the 2016 Olympics.
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Climate talks stall on targets, finance

Efforts to convince rich nations to toughen emissions cuts have failed to make much headway at climate talks in the Thai capital, the U.N. said on Friday.
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U.S. says Iran talks could open doors

The United States said on Thursday six-power talks with Iran had opened the door to better relations with the West but cautioned Tehran it must take concrete steps to prove it was not seeking nuclear arms.
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India rejects Chinese protest at Dalai Lama trip

Foreign minister S.M. Krishna said on Wednesday China should not object to the Dalai Lama's planned trip to a northeast Indian state, part of which Beijing claims in a festering border dispute between the two Asian powers.
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China marked 60 years with spectacle of power

China celebrated its wealth and rising might with a show of goose-stepping troops, gaudy floats and nuclear-capable missiles in Beijing on Thursday, 60 years after Mao Zedong proclaimed its embrace of communism.
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Provide details on Taliban, Pakistan tells U.S.

The United States should provide information about top militants in Pakistan, a government minister said on Thursday, as Washington stepped up pressure on Islamabad to go after Taliban leaders.
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Israel says Gaza war report threatens peace efforts

Israeli Prime Minister Benjamin Netanyahu said on Thursday the United Nations would deal a fatal blow to prospects for Israeli-Palestinian peace if it endorsed a report critical of Israel's January war in Gaza.
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U.S., Iran meet at six-power nuclear talks

The United States said it held the highest level direct talks with Iran in three decades on Thursday to try to put to rest Western suspicions Tehran is planning a nuclear bomb.
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Thousands feared dead after Indonesia quake

Rescue teams struggled on Thursday to reach scores of people trapped under debris and survivors pleaded for aid after a powerful quake hit the Indonesian city of Padang, possibly killing thousands.
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Turkish student throws shoe at IMF chief

A Turkish student threw a shoe at International Monetary Fund Managing Director Dominique Strauss-Kahn on Thursday as he made a speech to students in Istanbul ahead of the IMF's annual meeting.
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Philippines braces for second stronger typhoon

Millions of people were battling on Thursday to cope with the aftermath of a typhoon that cut a destructive path through parts of Southeast Asia, killing 400, as an even stronger storm headed toward the Philippines.
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China marks 60 years with spectacle of power

China celebrated its ascendance with a show of goose-stepping troops, gaudy floats and nuclear-capable missiles in the nation's capital on Thursday, 60 years after Mao Zedong proclaimed its embrace of communism.
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Obama announces $5 billion for new medical research

President Barack Obama announced a plan on Wednesday to spend $5 billion on medical and scientific research, medical supplies and upgrading laboratory capacity, which he said would create tens of thousands of new jobs.
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Tsunami deaths likely to rise in Pacific islands

Relief workers in American and Western Samoa on Thursday searched for survivors after a series of tsunamis smashed into the tiny Pacific islands, killing possibly more than 100 people and flattening villages.

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