CAIRO – Under fierce pressure from street protests, Egypt’s army chief promised yesterday to hand over to a civilian president by July and made a conditional offer for an immediate end to army rule.
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MADRID – The election of a new conservative government failed to curb mounting market pressure on Spain yesterday with Madrid forced to pay the highest interest in 14 years on a sale of government debt.
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TEHRAN – Grudgingly admired in the past by the West for its negotiating skills and by the Iranian nation for its uncompromising stance, Iran’s leadership may have misjudged recent confrontational tactics in its nuclear standoff with big powers, analysts say.
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MANCHESTER – President Barack Obama challenged the U.S. Congress yesterday to vote next week to save an expiring payroll tax cut, a day after a high-profile effort to tackle huge U.S. deficits collapsed in acrimony.
