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AP source: Obama seeks to cut corporate tax rate to 28 per cent, eliminate dozens of loopholes
PHEONIX 3 hours ago
WASHINGTON - The Obama administration is proposing to cut the corporate tax rate from 35 per cent to 28 per cent, and to seek an even lower effective rate for manufacturers, a senior administration official says. In turn, corporations would…
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Megaupload founder Kim Dotcom released on bail by New Zealand court
PHEONIX 3 hours ago
WELLINGTON, New Zealand - Kim Dotcom, the founder of the file-sharing website Megaupload, was released on bail Wednesday after a New Zealand judge determined that authorities have seized any funds he could have used to flee the country. U.S. authorities…
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Britain calls up 2,100 military reserves to bolster Olympic security forces
PHEONIX 4 hours ago
LONDON - Britain is planning a massive Olympics security exercise around a mock emergency on the London subway system. The security test announced Monday envisions that an emergency takes place on the busiest days of the 2012 London Olympics, which…
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UK emergency services rehearse terror scenario on subway in Olympics security test
PHEONIX 5 hours ago
LONDON - British police, fire and ambulance staff held a huge pre-Olympics security exercise Wednesday centring on a mock terrorist attack on the London subway system. The two-day test — called "Exercise Forward Defensive" — started at the Aldwych subway…
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Shanghai court hears lawsuit against Apple over use of iPad trademark in China
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Iran says UN inspectors in Tehran will not visit sites, only hold talks with officials
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Bolivian bandits lured victims onto what looked like city buses and strangled them, police say
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Red Cross calls for daily 2-hour pause of fighting in Syria to deliver aid, reach wounded
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Greek government expects bond exchange to be carried out on March 12
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Australia's foreign minister resigns amid leadership squabble, citing lack of support from PM
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UN nuke agency says Iran blocked attempts to probe alleged atomic arms work at Tehran talks
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China, Turkey sets aside differences on Syria, sign currency swap deal