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STOCKHOLM – The European Union and Russia hope to lay the foundations of a new economic and political partnership at a summit today despite differences over energy, trade, human rights and climate change.
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BEIJING – U.S. President Barack Obama urged a reluctant China yesterday to let its yuan currency rise in value at a summit where strains over trade between the two giants crept into proclamations of goodwill.
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MOSCOW – Kremlin chief Dmitry Medvedev’s much-vaunted anti-corruption drive has so far failed to halt bribery costing Russia $300 billion a year, watchdog Transparency International said yesterday.
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WASHINGTON – The Obama administration created a new task force yesterday to crack down on financial fraud, an increasingly important political issue after a spike in mortgage scams and big Wall Street trading scandals.