BARACK OBAMA

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Republican Gregg sees scope on financial regulation

Republicans and Democrats in the Senate share common ground on financial regulation, but the White House's stance on how to protect consumers from banking abuses remains an obstacle to legislation, a top Republican senator said on Friday.

EU welcomes Ukraine's Yanukovich

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NATO and the European Union's new president joined U.S. President Barack Obama in congratulating Viktor Yanukovich on Friday on his election in Ukraine, as the West looked to extend a hand to the Moscow-leaning leader.

Volcker: Choice is prop trading or bank charter

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President Barack Obama's economic adviser, Paul Volcker, said his proposed banking rules would force Goldman Sachs and other banks to give up their bank charters if they want to continue proprietary trading.
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Call for clean slate on health reform divides U.S.

Surveys indicate that calls to abandon the bills, the product of six months of tough compromise among Obama's ruling Democrats, could boost support for Republicans as they look toward November's congressional elections.
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Obama to meet Dalai Lama on Feb 18: White House

The White House announced on Thursday that President Barack Obama and the Dalai Lama would meet on February 18, despite China's warning that such talks could hurt already-strained Sino-U.S. relations.
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Jobless claims drop raises hopes on recovery

The number of U.S. workers filing new claims for unemployment benefits fell more than expected last week, welcome news for the White House as it predicted more than 1 million jobs will be created this year.
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Jobless claims fall sharply in latest week

The number of U.S. workers filing new applications for jobless benefits tumbled last week, a government report showed on Thursday, reversing a recent spike that had raised concerns about renewed labor market weakness.
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Wall Street to open higher on Greece deal, jobs data

Wall Street was set to open higher on Thursday as key euro zone officials struck a deal to help Greece with its debt crisis, and U.S. data showed claims for first-time jobless benefits fell more than expected last week.
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Afghan campaign seeks to avoid Iraq mistakes

Chances of success for a NATO offensive in the last big Taliban bastion in Afghanistan's Helmand province may depend on ensuring the operation doesn't repeat the destruction of Fallujah in Iraq in 2004.
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Stock futures up with Greece, jobs data in focus

Stock index futures rose on Thursday with the spotlight on a European summit that could set the blueprint for aid to debt-laden Greece, while investors awaited data on the health of the labor market.
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Carlyle sees Volcker impact on banks PE assets

Large banks will likely pare back their private equity-related operations in anticipation of the so-called Volcker rule, despite it being unclear if it will be adopted, the co-founder of Carlyle Group said on Wednesday.
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Iran says nuclear fuel deal still on the table

Iran believes a nuclear fuel exchange with the West is still possible, state television said on Wednesday, a day after the Islamic Republic's expansion of uranium enrichment drew a U.S. warning of more sanctions soon.
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Iran says makes arrests before revolution day rally

Iran has arrested several people who were preparing to disrupt rallies on February 11 marking the 1979 Islamic revolution, police said on Wednesday, in a clear warning to opposition supporters planning new protests.
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China PLA officers urge economic punch against U.S.

Senior Chinese military officers have proposed that their country boost defense spending, adjust PLA deployments, and possibly sell some U.S. bonds to punish Washington for its latest round of arms sales to Taiwan.
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Obama seeks common ground on deficit, jobs

President Barack Obama sought common ground with Republicans on Tuesday over his top priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama courts Republican support on jobs, deficit

President Barack Obama sought common ground with Republicans on Tuesday on his top policy priorities of job creation and deficit reduction, winning hints of support in both areas but a rebuke on healthcare reform.
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Obama hopes to see jobs package in coming weeks

President Barack Obama, reaching out to lawmakers in both U.S. political parties, said on Tuesday he hoped Congress would soon deliver a package of measures to boost U.S. employment and economic growth.

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