OAK BLUFFS, Massachusetts – U.S. President Barack Obama nominated Ben Bernanke to a second term as Federal Reserve chairman yesterday, aiming for continuity at a time when the U.S. economy is breaking free from a deep recession.
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SEOUL – North Korea has invited the U.S. envoy overseeing ties with the prickly state to visit for nuclear talks next month, South Korean media said yesterday, as the United States pushes sanctions against Pyongyang.
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VIENNA – Iran has not expanded the number of centrifuges enriching uranium at its Natanz nuclear site since the end of May after increasing capacity steadily over the previous three years, diplomats said.
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BAGHDAD – Iraq and Syria recalled their ambassadors yesterday after Baghdad demanded Damascus hand over two people it says masterminded bombings in the Iraqi capital last week which killed almost 100 people.
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WASHINGTON – The U.S. national debt will nearly double over the next 10 years, government forecasts showed yesterday, challenging President Barack Obama’s economic and healthcare overhaul agenda.