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Pakistan decries help for India nuclear arms plans

Pakistan warned major powers on Tuesday against granting rival India membership of four key multilateral export control regimes that allow trade in nuclear and other materials, as proposed by the United States.

Cabinet reshuffle boosts focus on urban growth

Road transport minister Kamal Nath speaks in New York, May 8, 2008
A ministerial reshuffle has signalled India may give sorely-needed focus to the development of its burgeoning cities, whose erratic expansion is seen as a major brake on economic growth.
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Toyota recalls over 1.7 million vehicles globally

Toyota Motor Corp said it was recalling more than 1.7 million vehicles worldwide, the latest in a string of recalls that have ballooned to nearly 16 million since late 2009, further denting the automaker's reputation for quality.
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Egypt protests turn violent, 3 feared killed

The protests in Egypt on Tuesday turned violent with at least three people reported to have been killed and tear gas and water cannons used to disperse the crowds who had gathered in central Cairo following the opposition call for a Day of Revolt.
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Toyota to recall 1.4 million vehicles

Toyota Motor Corp said on Wednesday it would recall about 1.2 million units of the Noah minivan and other models in Japan as well as about 140,000 Avensis models overseas to fix faulty fuel pipes and high-pressure fuel pumps.
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Dollar steady ahead of Fed

The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday ahead of a statement from the U.S. Federal Reserve, which is expected to reaffirm the central bank's focus on supporting growth.
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Yahoo warns of weak Q1, more cost cuts planned

Yahoo Inc warned that revenue will again slide this quarter as it bleeds traffic to Google and Facebook and as a much-touted search partnership with Microsoft Corp fails to deliver quick results.
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Dollar steady as Fed in focus, Nikkei slips

The U.S. dollar held near a 10-week low against a basket of currencies on Wednesday, ahead of a statement from the Federal Reserve which is expected to reaffirm the central bank's focus on supporting growth.
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SEC adopts shareholder say-on-pay rules

Shareholders of publicly listed companies will get to weigh in on executive compensation through advisory votes, under a new rule adopted by U.S. securities regulators on Tuesday.

Analysis: China prism focuses Pentagon budget on new weapons

China's test flight of a prototype stealth fighter will help insulate U.S. weapons spending against deeper cuts sought by deficit hawks and add momentum to efforts by Defense Secretary Robert Gates to redirect precious budget dollars to future threats.
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Why Rising Rates Are Super Bullish for Gold and Silver

The gold naysayers are using rising rates as a way to dismiss gold. Let me explain why this belief is not only false but also utterly dangerous. First and foremost, the parameters have changed in just a few short years. Government debt has increased substantially in the last few years.

Obama proposes longer spending freeze

President Barack Obama will propose that Congress adopt a 5-year freeze on non-security discretionary spending, extending a previous call for a 3-year freeze, senior administration officials said, according to reports.
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Citigroup helped Paulson power ahead in 2010

Billionaire investor John Paulson's bet that the economy will rebound paid off handsomely last year when his hedge fund clients earned about $1 billion on his Citigroup Inc stake.

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