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Obama aims to cut Afghan war spending by 10 percent
overseas operations by 10 percent, reflecting his plans to wind down the U.S. presence in that country. The president asked for $79.4 billion to fund so-called overseas contingency operations in fiscal 2014, which begins October 1, down from his original $88.5 billion request, a White House aide ...
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Simpsons ex-lawyer says he poured his soul into trial
View Photo Reuters/Reuters - Yale Galanter, O.J. Simpson's former defense attorney, reacts during an evidentiary hearing in Clark County District Court in Las Vegas, Nevada, on May 17, 2013. REUTERS/Steve ...
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Petroceltic stalls stock listing as deal delayed
Petroceltic reached an agreement to sell an 18.37pc interest in the Isarene permit to Italian energy giant Enel.Petroceltic received more than $100m (EUR77.6m) from Enel, which represented nearly a quarter of all the back costs incurred in the exploration period of the permit, and nearly half the costs of the six appraisal wells that had been drilled.Petroceltic, which is already listed on ...
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European stocks at five-year high on back of US bounce
John Mulligan - 18 May 2013 European stock markets surged to a five-year high after economic data from the United States showed that consumer confidence there jumped to its highest level in almost six ...
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Cracks in Philips Ocado deal
Under his tenure, the UK's fourth biggest grocery chain has been suffering, losing market share to rivals including Asda and Sainsbury's. The difficult market is evidenced in Tesco's travails, too.The deal Morrisons unveiled yesterday with online retailer Ocado aims to help the chain regain lost ground. Morrisons already sells non-food items online, but this will extend its ...
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Dells profit falls 79pc as founder continues $24bn takeover battle
Hewlett-Packard , Dell is investing heavily on research and sales to retain customers.Mr Icahn and major stakeholder Southeastern Asset Management, however, dismiss Mr Dell's go-private deal as too cheap for a company trying to become a major provider of enterprise computing. They are proposing new leadership and additional cash or stock for shareholders. ...
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Danish PM shelves plan for a vote on joining euro
A referendum on joining the euro "in this election term is unrealistic", Ms Thorning-Schmidt said, adding: "I don't think it makes any sense to discuss the option of a euro referendum in the next term" (set to run from 2015 to 2019).Ms Thorning-Schmidt, who is half-way through her first four-year term, said Denmark's chosen model of an opt-out from the euro had ...
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Europes car market rises at last but the recovery may be short-lived
Christiaan Hetzner and Rhys Jones - 18 May 2013 EUROPE'S ailing car market has ended a streak of 18 straight months of falling sales, although a number of one-off factors suggest that a sustained recovery will be harder to ...
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Bold New Efforts to Talk Down the Euro
(MENAFN - DailyFX) With the Eurozone economy still mired in recession, policymakers have begun making more concerted efforts to talk down the euro as a means of stimulating exports and driving growth.The euro (EUR) came under selling pressure against the US dollar (USD) after European Industry ...
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Amazing videos in the face of tornadoes
A series of 16 violent tornadoes ransacked north Texas this week, killing six people and flattening entire neighborhoods. Seven people who were reported missing early Friday morning have now been accounted for, but the storms aren't over yet. Severe thunderstorms are expected late Friday in Alabama and Mississippi, and the Plains and the Midwest face threats of even more tornadoes this ...
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Officials About 50 people injured in Conn. train collision
COPENHAGEN, Denmark (AP) -- Danish museum officials say that an archaeological dig last year has revealed 365 items from the Viking era, including 60 rare ...
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Colorado sheriffs sue to block new gun-control laws
DENVER (Reuters) - A group of Colorado county sheriffs, angry over two new state gun control laws passed in the wake of last year's mass shootings in Connecticut and Colorado, filed a federal lawsuit on Friday seeking to block the laws from going into ...
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Flesh-eating disease victim gets prosthetic hands
ATLANTA -- A metro Atlanta woman who lost both hands, her left leg and right foot after contracting a flesh-eating disease was on her way back from Ohio Friday after being fitted with prosthetic hands.Aimee Copeland, 25, is returning from Hilliard, Ohio, where she was fitted with a pair of hands with 24 programmable functions that will improve her dexterity, her father, Andy, told the ...
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Editorial €300000 worth of jewellery swiped so many explanations
Ah, the irony. The Cannes Film Festival - promoter of any number of heist movies - was itself the scene of an audacious robbery yesterday. Indeed, it was on the very day of the screening of The Bling Ring (about a gang that burgles the rich and famous while they are strutting the red carpet) that thieves swiped EUR300,000 (250,000) worth of jewellery that was to adorn Hollywood's A-listers ...
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Meteoroid impact triggers bright flash on the moon
CAPE CANAVERAL, Florida (Reuters) - An automated telescope monitoring the moon has captured images of an 88-pound (40 kg) rock slamming into the lunar surface, creating a bright flash of light, NASA scientists said on ...
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The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession Spain France Italy Finland Netherlands Portugal Cyprus Greece and Slovenia. The austerity policy imposed by the troika and the German govern
The euro zone economy is declining for six consecutive quarters. Nine of the 17 countries are in recession: Spain, France, Italy, Finland, Netherlands, Portugal, Cyprus, Greece and Slovenia. The austerity policy imposed by the troika and the German government of Angela Merkel is sinking Europe. Eurostat data was released on Wednesday (15th) and are relative to GDP in the euro area in the first ...
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Tornado-ravaged Texas town to start recovery
Power lines damaged by Wednesday's tornado litter the streets in Cleburne, Texas on Thursday, May 16, 2013. Ten tornadoes touched down in several small communities in Texas overnight, leaving at least six people dead, dozens injured and hundreds homeless. Emergency responders were still searching for missing people Thursday ...
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EURO Ressources Announces Date of Annual Shareholders Meeting and Dividend Distribution
) - EURO Ressources S.A. ("EURO" or the "Company") (PARIS The Board of Directors proposed on May 9, 2013, a cash dividend in the maximum amount of EUR 0.40 per share.? This amount may be reduced, by the board of directors, if the Company's disposable funds are deemed insufficient at this date for ...
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Alaska volcano shoots ash 15000 feet into the air
ANCHORAGE, Alaska (AP) -- One of Alaska's most restless volcanoes has shot an ash cloud 15,000 feet into the air in an ongoing eruption that has drawn attention from a nearby community but isn't expected to threaten air ...
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SPIN METER GOP raps Dems for IRS union cash
WASHINGTON -; Seeking maximum political gain from the string of controversies swirling around the White House, Republicans are on the attack against Democratic lawmakers who accepted donations from the union that represents Internal Revenue Service ...
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Divided Europe veers between urgent growth and bleak austerity
Angela Merkel 's pro-austerity policies soon after becoming president in May last year, blamed the tough cutbacks regime imposed on troubled economies for much of Europe's economic problems. "What is hitting Europe is a recession provoked by the austerity policy," Hollande said at a Paris news conference. The president was especially keen to pin the blame on European ...
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GOP hopes IRS scandal will snag health care law
WASHINGTON -; Political scandals cause collateral damage and Republicans are hoping the furor over federal tax enforcers singling out conservative groups will snag some really big game - President Barack Obama's health care ...
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Joining an office pool Watch yourself
Powerball ticket and a shared daydream. The office lottery pool is a way to improve your odds and have a little fun with co-workers. And besides, who wants to be the only person at work the next day when everyone quits? With $600 million on the line, this is the time to play. It's the ...
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IRS asked anti-abortion group about prayers
While applying with the Internal Revenue Service for tax-exempt status in 2009, an Iowa-based anti-abortion group was asked to provide information about its members' prayer meetings, documents sent by an IRS official to the organization reveal. On June 22, 2009, the Coalition for Life of Iowa received a letter from the IRS office in Cincinnati, Ohio, that oversees tax exemptions requesting ...
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Death toll from new bird flu in China rises
confirmed cases , the World Health Organization (WHO) said on Friday. The United Nations health agency said the four deaths were from cases that had already been identified in laboratories. Since May 8, there have been no new cases of infection with H7N9, it added. The WHO reiterated that there is no evidence that the new strain of bird flu, which was first detected in patients in China in ...
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