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    Obama vows to slash wasteful spending

    CHICAGO (Reuters) - President-elect Barack Obama vowed on Tuesday to cut billions of dollars from wasteful government programs as he sought to reassure Americans anxious about a growing mountain of debt and a faltering economy. Reuters
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    U.S. economy contracting, slow recovery seen: OECD

    WASHINGTON (Reuters) - The U.S. economy has probably slipped into a recession that will last through the middle of 2009, and recovery will be slow as consumers cut spending to rebuild lost wealth, the OECD said on Tuesday. Reuters
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    House speaker seeks auto bailout bill

    WASHINGTON (Reuters) - House of Representatives Speaker Nancy Pelosi sought legislation on Tuesday to bail out failing automakers, saying she was confident an emergency measure would be approved next week.</p> Reuters
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    Asia, Europe close ranks to ease financial crisis

    BEIJING/LONDON (Reuters) - Asian and European leaders closed ranks on Saturday to try to bolster confidence among investors who fear that a global credit crunch has ushered in a deep and damaging world recession.</p> Reuters
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    Obama to leave trail and visit sick grandmother

    WEST PALM BEACH, Florida (Reuters) - Democratic presidential candidate Barack Obama will leave the campaign trail to go to Hawaii this week to visit the ailing grandmother who helped raise him, an aide said on Monday. </img> </img> </img> Reuters
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    Wall Street extends gains on energy, Bernanke

    NEW YORK (Reuters) - Stocks extended gains on Monday as investors snapped up beaten-down energy shares and Federal Reserve Chairman Ben Bernanke said another economic stimulus plan may be needed to revive lagging growth.</img> </img> </img> Reuters
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    FBI resources limited for economic probes: report

    NEW YORK (Reuters) - The FBI, after years spent focusing on national security, is struggling to find agents and resources to investigate wrongdoing tied to the country's economic crisis, The New York Times reported in Sunday editions.</img> </img> </img> Reuters
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    Obama has 4-point lead on McCain

    WASHINGTON (Reuters) - Democrat Barack Obama holds a 4-point lead over Republican John McCain, according to a Reuters/C-SPAN/Zogby poll released on Saturday.</img> </img> </img> Reuters
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    McCain and Obama meet in final White House debate

    HEMPSTEAD, New York (Reuters) - Republican John McCain and Democrat Barack Obama face off in their final debate on Wednesday, with McCain hoping a strong performance can begin to turn around a White House race that could be slipping away. </img> </img> </img> </img> Reuters
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    Europe and others bolster banks to fight crisis

    PARIS (Reuters) - Nations from Europe to Australia rushed out plans on Sunday to shore up their banks, trying to halt a markets crash with pledges to back lending, buy stakes in financial institutions and take other emergency steps.</img> </img> </img> </img> Reuters
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    German lender tests Europe's bank stability vow

    BERLIN/LONDON (Reuters) - Germany struggled on Sunday to rescue lender Hypo Real Estate, underlining the challenge facing European leaders who vowed to restore stability to a banking system hit by the worst crisis since the 1930s.</img> </img> </img> </img> Reuters
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    Palin says Obama friendly with terrorists

    COSTA MESA, Calif. (Reuters)- Republican vice presidential nominee Sarah Palin accused Democratic candidate Barack Obama on Saturday of "palling around with terrorists," marking a shift to a nastier tone in the White House race.</img> </img> </img> </img> Reuters
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    Obama urges bailout bill's passage, offers plan

    RENO, Nevada (Reuters) - Presidential candidate Barack Obama on Tuesday urged lawmakers to return to the negotiating table to work on a financial rescue deal and offered a new proposal he said would help attract support. </img> </img> </img> </img> Reuters
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    Armed men were no threat to Obama: U.S. attorney

    DENVER (Reuters) - Authorities on Tuesday were investigating whether three men arrested in Colorado with guns and drugs planned to kill Democratic presidential candidate Barack Obama, but said they posed no real threat.</img> </img> </img> </img> Reuters
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    Country ordered to pay damages for sailor's suicide

    TOKYO (Reuters) - The Japanese government will have to pay damages to the parents of a sailor who hanged himself after being repeatedly insulted by his superior, in the first such court ruling involving a civil servant, media said.</img> </img> </img> </img> Reuters
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    Abandoned baby found safe with dog

    BUENOS AIRES (Reuters) - A newborn baby abandoned outdoors in winter by her 14-year-old mother was found safe in a dog pen with a mother dog and her brood of puppies near the city of La Plata, Argentine media reported on Friday.</img> </img> </img> </img> Reuters
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    Economy under par? Play less golf

    SEOUL (Reuters) - South Korea's President Lee Myung-bak has told officials to give up golf for the moment because it sends the wrong signal just as the economy has hit the rough.</img> </img> </img> </img> Reuters
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    Couple survives plane crash into power cable

    BERLIN (Reuters) - A German couple had a lucky escape after their light aircraft hit a 380,000 volt power line and then hung upside down from a wheel for nearly three hours.</img> </img> </img> </img> Reuters
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    PM's voicemail: call my predecessor

    DUBLIN (Reuters) - Ever wished your predecessor was there to take the flak for the problems you inherited?</img> </img> </img> </img> Reuters
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    Baby pronounced dead lives after hours in cooler

    JERUSALEM (Reuters) - A stillborn Israeli baby who was pronounced dead by doctors "came back to life" on Monday after spending hours in a hospital refrigerator. </img> </img> </img> </img> Reuters