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Obama to lay out long-awaited Afghan plan

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President Barack Obama plans to announce on Tuesday that he will send about 30,000 more U.S. troops to Afghanistan in a long-awaited war strategy shift that he hopes will defeat the Taliban and allow for a U.S. exit.
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A400M to cost customers extra 7.4 bln eur-Les Echos

The Airbus A400M will cost the seven countries buying the military transport an additional 7.4 billion euros for the 180 aircraft on order, Les Echos newspaper reported in a preview of the front page of its Tuesday edition.
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Daily Forecast - 1/12/2009

The Aussie dollar firmed in local trade yesterday with local equity markets recouping some of Friday's large losses.
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UK to send 500 extra troops to Afghanistan

Britain will send 500 more soldiers to Afghanistan in December as part of a broader surge in NATO-led troop levels to tackle worsening violence and train Afghan forces, Prime Minister Gordon Brown said on Monday.
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Canada, Australia ranked best places for expats

Looking to work overseas? Head to Canada, Australia or Thailand, according to an annual global survey which found recession-hit Britain was one of the worst locations to live for expatriates.
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Peugeot-Citroen says assessing Indian mkt entry

MUMBAI - Europe's second-biggest carmaker PSA Peugeot Citroen is exploring various entry routes into the Indian automobile market but has not yet taken a decision, a spokesman for the group said on Monday.
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Cadbury union seeks jobs pledge from bidder Kraft

A union representing workers at British confectioner Cadbury asked hostile bidder Kraft for a promise on employment security on Monday, saying it was increasingly worried about massive job losses.
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EBay fined by Paris court over LVMH sales

A French court fined eBay Inc 1.7 million euros ($2.6 million) for violating a 2008 injunction that prevents French users of the online auction site from buying or selling LVMH perfumes and cosmetics on any eBay website.
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Atlantis to test world's biggest tidal turbine

Atlantis Resources Corp is to test the world's biggest tidal turbine in the rough waters off the Orkney Islands next year in preparation for Scotland's plan to use ocean energy for half a million homes by 2020.
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Obama's Afghan surge sets sights on Kandahar

A year ago, mobile phones worked just fine in the pomegranate orchards and vineyards along the Arghandab river on the outskirts of Afghanistan's second largest city, Kandahar.
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FTSE lower as Dubai worries linger; oils weak

Britain's top share index was 0.8 percent lower by midday on Monday, pulled down by weak energy stocks and banks, as investors were troubled by lingering anxiety caused by Dubai's debt problems.
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Toto shrugs off yen rise, eyes acquisition

Toto, Japan's No.1 toilet maker, expects to meet its earnings forecasts despite the yen's recent surge by capitalizing on an earlier-than-expected demand recovery in China and cost cuts, its president said on Monday.
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Iran defies censure, plans 10 uranium sites

Iran announced plans on Sunday to build 10 new uranium enrichment plants in a major expansion of its atomic program, just two days after the U.N. nuclear watchdog rebuked it for carrying out such work in secret.
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Daily Forecast - 30/11/2009

The Aussie dollar declined rapidly on Friday as concern in Asia over another blow out in credit spreads from a possible Dubai World debt default rocked the high yielders.
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KPMG to represent Dubai's creditor banks: report

Banks who lent over $30 billion to Dubai World, the debt-laden state investment group, plan to appoint auditors KPMG to represent them in talks over recovering their money, the Independent on Sunday newspaper reported.
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Iran MPs urge government to reduce IAEA cooperation

Lawmakers urged Iran's government on Sunday to prepare a plan on reducing cooperation with the International Atomic Energy Agency (IAEA), after the U.N. body rebuked Tehran for secretly building a uranium enrichment plant.

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