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Healthcare reform faces challenges in U.S. Senate

President Barack Obama's U.S. healthcare overhaul plan has cleared an important Senate hurdle but lawmakers warned on Sunday of challenges ahead in winning support for passage, even among Obama's own Democrats.

Japan leans towards buying F-35 fighter jet: media

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Japan's defense ministry is moving toward selecting Lockheed Martin Corp's F-35 jet as the mainstay of its next-generation fighter force, Kyodo news agency reported on Monday, citing ministry sources.

Fed's Bullard: Keep MBS program active longer

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A senior Federal Reserve official said on Sunday the central bank should keep alive its mortgage-related assets purchase program beyond a planned end-date to give policy-makers more flexibility as they help the economy recover from a painful recession.
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NY Times to Goldman Sachs: Pay up to cut public debt

A New York Times editorial slammed Goldman Sachs for its role in the financial crisis and said that instead of paying big bonuses to its employees it should make a multibillion-dollar gift to help reduce the U.S. national debt.
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Daily Forecast - 23/11/2009

The rebound in the greenback continued on Friday night as the Australian Dollar consolidated its recent losses. The Aussie opens lower today at 0.9140 after hitting an offshore low of 0.9059 (a two-week low), as Wall Street fell for third straight session. Increased risk aversion is keeping a lid on the local unit for the time being as recent economic data releases in the United States have failed to impress investors. There is no major local economic data due in the early part of the week and n...
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Confidential Climate Change E-mails hacked ahead of Copenhagen Meeting

A team of unidentified hackers has managed to steal confidential global warming data after breaking into the e-mail server of a prominent, British climate-research center and posted them online - showing that climate scientists conspired to overstate that man has caused climate change. Kevin Trenberth, of the U.S. National Center for Atmospheric Research, in Colorado, told the Associated Press that he believes the hackers did this to fuel skeptics theory that that climate change was not man-ma...
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Iran's Mousavi tells government to end intimidation

Iranian opposition leader Mirhossein Mousavi said Sunday the reform movement would not be cowed by the hardline government's harsh methods as riot police prevented a demonstration by moderates taking place.
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China growth faces currency dilemma-thinktank economist

International pressure on China to lift the value of its yuan against the dollar could stoke risks to growth in 2010, an economist at a top state thinktank has said, warning of a deepening dilemma facing currency policy.
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Nestle may consider a bid for Cadbury: report

Swiss food giant Nestle may consider a bid for Britain's Cadbury to challenge a hostile 9.9 billion pound ($16.3 dollars) bid by Kraft Foods Inc and a potential move by Hershey , Bloomberg reported on Sunday.
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Hacked Emails prove Climate Science debate will not end soon

A team of unidentified hackers has managed to steal confidential global warming data after breaking into the e-mail server of a prominent, British climate-research center and posted them online - showing that climate scientists conspired to overstate that man has caused climate change.
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Honda tops again in efficiency on U.S. roads

Japan's Honda Motor Co Ltd has again produced the most fuel efficient and least polluting vehicles on American roads, the U.S. government projections for 2009 showed on Friday.
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Engineer in Ford theft case may face more charges

A Chinese engineer arrested on suspicion of stealing Ford Motor Co. trade secrets will likely face additional charges after more secret data was found on his computer, U.S. prosecutors said this week.
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NATO takes command of Afghan army, police training

NATO took command of the training of the Afghan army and police on Saturday to consolidate efforts on building an effective security force, a vital precondition for the withdrawal of foreign troops.
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Obama asks for patience on economy

President Barack Obama on Saturday urged Americans to show patience over the economy and argued that his just-concluded Asia trip was critical for U.S. exports, countering criticism he had returned empty-handed.
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Obama asks Americans for patience on economy

President Barack Obama on Saturday urged Americans to show patience over the economy and argued that his just-concluded Asia trip was critical for U.S. exports, countering criticism he had returned empty-handed. With unemployment at a generation high of 10.2 percent and once-lofty popularity ratings down, Obama said a December White House forum will leave no stone unturned in the hunt for jobs.
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Husband of Cuban blogger Yoani Sanchez attacked

The husband of Cuban dissident blogger Yoani Sanchez said he was attacked by government supporters as he waited on Friday to confront state security agents accused of detaining and beating his wife two weeks ago.
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Stocks could sputter with Black Friday eyed

U.S. stocks could sputter next week as volumes dry up in holiday-shortened trading and with a slew of economic reports likely to illustrate the recovery is still fragile.

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