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New Delhi: Former communications minister A. Raja, who has been in jail since February 2011, was Tuesday granted bail in the 2G spectrum allocation case but with the rider that he could neither visit the department of telecommunications (DoT) nor his home state Tamil Nadu. Raja, the last of the 14 individuals charged in the case still in prison, was given bail by Central Bureau of Investigation (CBI) special judge O.P. Saini.
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New York: Bill Clinton thought so little of President Obama — mocking him as an “amateur” — that he pressed his wife last summer to quit her job as secretary of state and challenge him in the primaries, a new book claims. “The country needs you!” the former president told Hillary Clinton, urging her to run this year, according to accounts of the conversation included in Edward Klein’s new biography of Obama.
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London: Nicolas Sarkozy, who lost the recent presidential race in France, is to quit politics and practice law, a media report said. The 57-year-old outgoing French President, a qualified lawyer, will first have a holiday at his wife Carla Bruni's sprawling villa in south of France after handing over power to socialist president-elect Francois Hollande next week. He is expected to rejoin his old firm in Paris which specializes in property law, the 'Daily Express' reported
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Charlotte: An incarcerated 53-year-old man is beating President Barack Obama in eight West Virginia counties following the state's Democratic Presidential Primary Tuesday, according to the latest figures from the West Virginia secretary of state.
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By Sudhir Vyas
New York: In a world weary of war and economic crises, and concerned about global climate change, the consensus is that Obama has not lived up to the lofty expectations that surrounded his 2008 election and Nobel Peace Prize a year later. Many in Asia, Africa, the Middle East and Latin America were also taken aback by his support for gay marriage, a taboo subject among religious conservatives.
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New York: The United States on Wednesday opened its banking market to ICBC, China's biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East Asia. The transaction will make ICBC the first Chinese state-controlled bank to acquire retail bank branches in the United States.
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Beijing: While some Chinese travelers storm the tarmac when flights get delayed, others might wish their flights never take off -- assuming they're flying from the northeast China city of Dalian. To entertain waiting passengers, Dalian International Airport recently recruited a squad of cheerleaders to perform kicks, jumps and splits in the airport's main hall.
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New York: Weaker-than-expected US jobs growth hit financial markets and cast a shadow over President Barack Obama’s plans for a formal launch of his re-election campaign this weekend. US crude oil prices fell more than $4 a barrel and were trading below $100 for the first time since early February after data showed the economy added only 115,000 jobs in April compared with expectations of 162,000. The S&P 500 dropped as much as 1.5 per cent while yields on US and German 10-year government bonds fell.
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