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Special report: China flexed its muscles using US Treasuries

NEW YORK (Reuters) – Confidential diplomatic cables from the U.S. embassies in Beijing and Hong Kong lay bare China’s growing influence as America’s largest creditor. As the U.S. Federal Reserve grappled with the aftershocks of financial crisis, the Chinese, like many others, suffered huge losses from their investments in American…

Obama envoy secretly promised to keep troops in Iraq after 2011, Iraqi intelligence official says

WASHINGTON – A special envoy from President Barack Obama raised the possibility in a secret meeting with senior Iraqi military and civilian officials in Baghdad Sep. 23 that his administration would leave more than 15,000 combat troops in Iraq after the 2011 deadline for U.S. withdrawal, according to a senior…

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