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Lockheed wins $259 million deal for 2 more U.S. F-35s

Lockheed Martin Corp on Friday won a $259 million contract adding two more F-35 fighter jets to a fifth batch of jets being purchased by the U.S. military, boosting the size of that order to 32 jets, the Pentagon and Lockheed officials said.
The U.S. economy is entering a new cycle of domestic consumption led-growth, according to Michael Shaoul of Marketfield Asset Management

US Economic Recovery Done, New Bullish Cycle Ahead: Analyst

The U.S. economic recovery is done, and the economy has begun a cycle domestic consumption-led growth that will differ significantly from the prior cycle that ended in 2008, said Michael Shaoul, chairman of Marketfield Asset Management, a New York investment advisor.
iPhone 5 Concept - Design by Federico Ciccarese

The Most Anticipated Phones In 2012 – List Of The Biggies

This is going to be an exciting year for smartphone lovers. While rumors of the release of iPhone 5 and Samsung Galaxy S3 are flying high, other big shots like HTC One X, One S, LG Viper 4G and HTC Incredible 4G are also hitting the shelves within a very short period of time.
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Walmart International focusing on existing markets

Wal-Mart Stores Inc is focused on improving results in China and other foreign countries where it already operates, rather than on entering new markets, its top international executive said on Thursday.
British Prime Minister David Cameron deliver his speech as he visit the Al-Azhar University in Jakarta

Britain May Relax Sanctions Against Myanmar

The Prime Minister is scheduled to visit Myanmar, also known as Burma, on Friday, making him the first Western head of state to set foot on its soil in more than half a century.
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U.S. trade gap narrows sharply in February to $46 billion

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.
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US Trade Deficit Plunged To $46 Billion In February

The U.S. trade deficit narrowed unexpectedly in February as exports hit a record high, imports from China and other key suppliers declined and oil import volume fell to the lowest in 15 years, a government report showed on Thursday.

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