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3May/120

Argentina nationalizes oil company YPF

Lawmakers celebrate at the end of a debate in the Argentine Congress over the nationalization of Argentina's biggest oil company YPF in Buenos AiresBUENOS AIRES (Reuters) - Argentina's Congress nationalized the country's biggest oil company, YPF, by an overwhelming lower house vote on Thursday that underscored broad popular support for a measure that threatens to scare off foreign investment. The Chamber of Deputies voted 207-32 in favor of expropriating YPF, clearing the way for President Cristina Fernandez to sign the bill into law. The Senate last week approved the measure by a similarly overwhelming margin. ...

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1May/120

Pentagon report paints mixed picture of war in Afghanistan

WASHINGTON (Reuters) - The U.S. military presented a mixed picture of the war in Afghanistan on Tuesday, saying President Barack Obama's surge of 33,000 extra troops had weakened the Taliban but that a resilient insurgency, persistent corruption, and selective cooperation from Pakistan posed a major threat to U.S. efforts. In a twice-annual report to Congress, the Defense Department said overall insurgent attacks declined in 2011 for the first time in five years, even though violence increased in areas surrounding the Taliban's southern stronghold of Kandahar, a region where U.S. ...

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25Apr/120

Report: Newt Gingrich to officially drop out of race next week

Republican presidential candidate, former House Speaker Newt Gingrich speaks in Cramerton, N.C., Wednesday, April 25, 2012. (AP Photo/Chuck Burton)Newt Gingrich is likely to officially suspend his bid for the presidency on Tuesday, May 1, Fox News reports. Gingrich, who was considered Romney's chief rival at the start of the official Republican primary season in January, won two states, South Carolina and Georgia. (He represented Georgia in Congress for two decades.) The former House [...]

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24Apr/120

Obama courts young voters with student loan push

U.S. President Barack Obama discusses the rising costs of student loans at the University of North Carolina at Chapel HillPresident Barack Obama escapes the stuffy confines of Washington on Tuesday, traveling on a two-day swing through major universities in the electoral battlegrounds of North Carolina, Colorado and Iowa. His mission: To push Congress to keep a lid on student loan costs — and reconnect with young voters who helped him win in 2008.

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24Apr/120

President Obama courts young voters with student loan push

President Barack Obama speaks in the East Room of the White House in Washington, Monday, April 23, 2012, during a ceremony where he presents the Commander-in-Chief Trophy to the Air Force Academy football team. (AP Photo/Carolyn Kaster)President Barack Obama escapes the stuffy confines of Washington on Tuesday, traveling on a two-day swing through major universities in the electoral battlegrounds of North Carolina, Colorado and Iowa. His mission: To push Congress to keep a lid on student loan costs — and reconnect with young voters who helped him win in 2008.

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22Apr/120

Merkel’s FDP ally eyes poll comeback, doubts persist

German Chancellor Merkel delivers her speech during the opening ceremony of the Hanover industrial fair in HanoverKARLSRUHE, Germany (Reuters) - Poll figures may be low and forecasts gloomy, but Martina Reuter felt certain things were looking up for her party - Germany's Free Democrats (FDP), the junior partner in Chancellor Angela Merkel's centre-right coalition. "At the moment there is a real mood of change ... There is a return to the old, fundamental values," the 50-year-old party member told Reuters at a weekend FDP congress in Karlsruhe, western Germany. Her comments were in tune with the atmosphere of determined bonhomie among the hundreds of delegates at the gathering. ...

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21Apr/120

A divided Congress confronts a rising cyberthreat

FILE - This Sept. 30, 2011 file photo shows a reflection of the Department of Homeland Security logo in the eyeglasses of a cybersecurity analyst at the watch and warning center of the Department of Homeland Security's secretive cyber defense facility in Idaho Falls, Idaho. The center is tasked with protecting the nation’s power, water and chemical plants, electrical grid and other facilities from cyber attacks. (AP Photo/Mark J. Terrill, File)The mysterious caller claimed to be from Microsoft and offered step-by-step instructions to repair damage from a software virus. The electric power companies weren't falling for it.

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19Apr/120

Secret Service to face Congress grilling next week

A total of 11 agents and at least 10 military personnel are being investigated over the incidentLawmakers will grill Homeland Security chief Janet Napolitano about the US Secret Service next week, as the Senate's top Democrat blasted the "stupid" agents at the heart of the scandal Thursday.

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17Apr/120

Obama targets oil speculators: Is it just smoke and mirrors?

President Barack Obama, flanked by Treasury Secretary Timothy Geithner, left, and Attorney General Eric Holder, speaks in the Rose Garden at the White House in Washington, Tuesday, April 17, 2012, about a plan to increase oversight and crack down on manipulation in oil markets. (AP Photo/Carolyn Kaster)Obama raised the ante on his efforts to limit the rise in oil prices. The president, joined by Treasury Secretary Tim Geithner and Attorney General Eric Holder, called on Congress to adopt tougher rules on speculators in the oil market.

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17Apr/120

Dog days in jury selection for Clemens retrial

Former Major League Baseball pitcher Roger Clemens and his lawyer Rusty Hardin, back left, leave Federal Court in Washington after a day of jury selection in his perjury trial, Tuesday, April 17, 2012. (AP Photo/Manuel Balce Ceneta)One potential juror was questioned for 68 minutes. Another for 64 — and he didn't even make the cut. Along the way, Roger Clemens' lawyer offered some clues as to his strategy once testimony gets under way, including a challenge to whether Congress had a legitimate purpose in holding the hearing at which the seven-time Cy Young Award winner testified — and whether Clemens' testimony was voluntary.

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