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Iran's Ahmadinejad sworn in as president

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Mahmoud Ahmadinejad was sworn in as Iran's president Wednesday in a ceremony boycotted by reformist leaders and parliamentarians and marred by street protests over his victory.
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Britain backs Syria-EU pact despite concerns

Britain supports signing an economic pact between Syria and the European Union despite its concerns about human rights violations by Damascus, a British official said on Tuesday.
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Global automakers beat forecasts, stay cautious

Leading global automakers reported forecast-beating quarterly results on Tuesday, but continued to give cautious outlooks for the industry, which remains hard hit by weak demand and a lack of consumer credit.
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Global automakers beat forecasts; stay cautious

Leading global automakers reported forecast-beating quarterly results on Tuesday, but continued to give cautious outlooks for the industry, which remains hard hit by weak demand and a lack of consumer credit.
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Sexting craze on the rise among British children

A growing number of British teenagers are swapping sexually explicit images of themselves on mobile phones leaving them open to bullying and victimization by their peers, police and a children's charity said on Tuesday.
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Iranian moderate vows to keep pressure on president

Prominent defeated presidential candidate Mehdi Karoubi on Tuesday vowed to keep up pressure on President Mahmoud Ahmadinejad whose re-election sparked off Iran's worst unrest since the Islamic Revolution of 1979.
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HSBC, Barclays profits hit by surge in bad debt

HSBC and Barclays on Monday reported a surge in bad debts to a combined $21 billion as recession took its toll on borrowers, but Britain's two biggest banks offered encouragement they could be through the worst.
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Daily Forex Commentary-3 August 2009

The Australian Dollar opens higher on Monday at 0.8355 after signs emerged on Friday night that the economic decline in the United States is moderating therefore reducing the allure of the greenback as a safe haven.
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Roadside bomb kills 12 in Afghanistan's west

A roadside bomb attack claimed by the Taliban killed at least 12 people in a key commercial city in western Afghanistan Monday, officials said, amid worsening security before a presidential poll this month.
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Head of English Catholics warns about emails/texting

The head of the Roman Catholic Church in England and Wales is concerned that excessive use of emails and mobile phone text messaging is creating shallow friendships and undermining community life, according to an interview published on Sunday.
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HSBC's Maldonado blends science with art

HSBC's Bill Maldonado is a man who loves to mix science with art -- be that in running Halbis's hedge fund business, riding his high-power Ducati motorbike on a race track or piloting a light aircraft.
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Iran tries 100 moderates over election unrest

The trials began on Saturday of 100 prominent moderates arrested shortly after Iran's disputed June presidential election and charged with trying to overthrow the clerical establishment, Iranian media reported.
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Unity Media prepares $1 billion listing: sources

Unity Media, Germany's No. 2 cable operator, is preparing for an initial public offering toward the end of this year, raising as much as 1 billion euros ($1.4 billion), people familiar with the matter said.

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