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Afghanistan mulls Islamic bonds, fearing Western cash cutback
Thu, 17 May 2012 04:26:00 GMT KABUL (Reuters) - Afghanistan, which has only a semblance of a capital market, intends to sell Islamic bonds as it braces for a possible sharp fall in Western financial support as the war against the Taliban winds down, a senior central bank official said this week.



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Data suggests drug treatment can lower U.S. crime
Thu, 17 May 2012 04:11:00 GMT WASHINGTON (Reuters) - U.S. crime statistics show illegal drugs play a central role in criminal acts, providing new evidence that tackling drugs as a public health issue could offer a powerful tool for lowering national crime rates, officials said on Thursday.



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Senate to consider new Iran sanctions on Thursday
Thu, 17 May 2012 03:13:03 GMT WASHINGTON (Reuters) - Senate Democratic leader Harry Reid will ask the chamber to approve a new package of oil and economic sanctions on Thursday aimed at further pressuring Iran to abandon its nuclear program, a Democratic leadership aide told Reuters.



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Iran nuclear output seen steady before Baghdad talks
Thu, 17 May 2012 03:03:00 GMT VIENNA (Reuters) - Iran is installing more centrifuges in an underground plant but does not yet appear to be using them to expand higher-grade uranium enrichment that could take it closer to producing atom bomb material, Western diplomats say.


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North Korea resumes work on nuclear reactor: report
Thu, 17 May 2012 02:48:00 GMT SEOUL (Reuters) - North Korea has resumed construction work on an experimental light water reactor (ELWR) in a move that could extend its capacity to produce more material for nuclear weapons, website 38North reported on Thursday.


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Confrontation brews in Congress over detainee law
Thu, 17 May 2012 02:38:00 GMT WASHINGTON (Reuters) - Lawmakers moved toward a confrontation over the government's power to detain suspected terrorists on Wednesday as the Republican-led House of Representatives began debate on a defense policy bill the White House has threatened to veto.


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One person sent hundreds of powder-filled envelopes: FBI
Thu, 17 May 2012 01:30:00 GMT SAN ANTONIO, Texas (Reuters) - Authorities believe one person is responsible for mailing 20 powder-filled envelopes to schools and a business in the Dallas-Fort Worth area last week and hundreds of similar letters around the world since late 2008, the FBI said on Wednesday.



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U.S. escalates clandestine war in Yemen
Thu, 17 May 2012 01:03:00 GMT WASHINGTON -- In an escalation of America’s clandestine war in Yemen, a small contingent of U.S. troops is providing targeting data for Yemeni airstrikes as government forces battle to dislodge Al Qaeda militants and other insurgents in the country’s restive south, U.S. and Yemeni officials said.



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Obama, Republicans clash over U.S. debt limit increase
Thu, 17 May 2012 00:58:03 GMT WASHINGTON (Reuters) - If Republican and Democratic leaders want to avoid a reprise of last year's nasty showdown over raising the federal debt limit, they are not off to a good start.



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Wife of Robert F. Kennedy Jr. found dead at NY home
Thu, 17 May 2012 00:43:02 GMT NEW YORK (Reuters) - Mary Kennedy, the estranged wife of Robert F. Kennedy Jr, was found dead on Wednesday at her home in a New York City suburb, an officer at the Westchester County Medical Examiner's Office said. She was 52.



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Obama awards Vietnam-era rifleman a posthumous Medal of Honor
Wed, 16 May 2012 22:15:00 GMT President Obama awarded a posthumous Medal of Honor to a Vietnam-era warrior Wednesday, commemorating his bravery as well as a generation of veterans often forgotten, even shunned, by the nation they served.



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U.S. Navy ships collide off California, no injuries reported
Wed, 16 May 2012 22:04:00 GMT LOS ANGELES (Reuters) - Two U.S. Navy ships collided off the coast of California on Wednesday due to a steering malfunction during a refueling operation, damaging both vessels but causing no injuries, the Navy said in a statement.



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Police disperse, detain anti-Putin protesters
Wed, 16 May 2012 21:34:00 GMT MOSCOW (Reuters) - Russian riot police detained at least 35 demonstrators on Wednesday, breaking up one Occupy-style sit-in at a Moscow park and threatening to disperse another in a crackdown on a protest movement against newly inaugurated President Vladimir Putin.



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Study suggests lower risk of death for coffee lovers
Wed, 16 May 2012 21:29:00 GMT NEW YORK (Reuters Health) - In a new study of 400,000 older Americans, those who reported drinking a few daily cups of coffee were less likely to die over the next 14 years than were those who abstained from the beverage or rarely drank it.


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Lawyers for ex-Senator John Edwards rest case
Wed, 16 May 2012 21:08:02 GMT GREENSBORO, North Carolina (Reuters) - Former Senator John Edwards' defense ended its case on Wednesday without calling three of the most anticipated witnesses to counter charges that he used political contributions to hide his pregnant mistress from voters during his 2008 presidential bid.



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Loop marchers call for moratorium on foreclosures
Wed, 16 May 2012 21:05:00 GMT About 130 protesters marched north through the Loop this morning calling for a moratorium on mortgage foreclosures.


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Several brokerages stop taking Facebook IPO orders
Wed, 16 May 2012 20:04:00 GMT NEW YORK (Reuters) - NEW YORK, May 16 (Reuters) - TD Ameritrade and Fidelity's brokerage arm both stopped accepting orders of Facebook shares as of Tuesday evening, according to representatives.



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Facebook boosts IPO size by 25 percent, could top $16 billion
Wed, 16 May 2012 20:02:02 GMT NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the size of its initial public offering by almost 25 percent, and could raise as much as $16 billion as strong investor demand for a share of the No.1 social network trumps debate about its long-term potential to make money.



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Obama hosting bipartisan talks on economy
Wed, 16 May 2012 17:09:00 GMT After months of trading blame and criticism from afar, President Obama and GOPcongressional leaders will meet Wednesday to discuss the economy — and, presumably, trade blame and criticism in person, more politely.



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'Grexit': Are Greece's euro fears causing a $1-billion bank run?
Wed, 16 May 2012 17:00:00 GMT Greek officials were busy today cobbling together an emergency plan after talks to form a coalition government disintegrated Tuesday. In the meantime, Greeks have withdrawn $900 million from local banks.


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Crews battle to contain raging Arizona wildfires
Wed, 16 May 2012 16:57:00 GMT PHOENIX (Reuters) - Crews battled to contain wind-whipped Arizona wildfires on Wednesday that have raced across 27 square miles of parched ponderosa forest, brush and grassland, consuming several buildings and threatening a small town, authorities said.


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Greeks vote with wallets in fear of euro zone exit
Wed, 16 May 2012 16:16:03 GMT ATHENS/BERLIN (Reuters) - Greeks are voting with their wallets and pulling euros out of the banks in fear that their country may leave the European single currency despite the declared determination of EU powers Germany and France to keep Athens in the monetary union.



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Skechers settles charges over toning shoe ads
Wed, 16 May 2012 16:09:00 GMT WASHINGTON (Reuters) - Skechers USA Inc has agreed to pay $40 million to settle charges that it made unfounded claims when it advertised that its "toning shoes" would enable users to get stronger and lose weight.


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How Mitt Romney will choose his running mate
Wed, 16 May 2012 15:13:00 GMT WASHINGTON -- For those in political circles, the next three months will be consumed by speculation about Mitt Romney’s running mate. Early favorites include Sen. Marco Rubio of Florida, Sen. Rob Portman of Ohio and Rep. Paul Ryan of Wisconsin. Many more names will be floated -- some will be serious contenders, others not -- before the pick is announced.



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Mladic taunts survivors at start of genocide trial
Wed, 16 May 2012 15:08:03 GMT THE HAGUE (Reuters) - Bosnian Serb general Ratko Mladic made a throat-slitting gesture to a woman who lost her son, husband and brothers in the Srebenica massacre at the start of his trial on Wednesday for some of the worst atrocities in Europe since World War Two.



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