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| | 3 | | As China Flexes Muscle, Obama Frets Over Rival’s Weakness | | Jun 29, 2014 6:00 PM ET | | China is tailgating Japanese warplanes, playing chicken with Vietnamese ships and questioning America’s toughness. Yet it isn’t Chinese strength that most worries President Barack Obama, it’s Chinese fragility. | | | |
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| | 4 | | Russian Advisers Ready Iraq to Use New Combat Aircraft | | Jun 29, 2014 7:29 PM ET | | Russian military advisers helped to prepare Iraq’s air force to use five newly delivered combat planes in its campaign to recapture areas of the country’s north that fell to an al-Qaeda breakaway. | | | |
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| | 7 | | Argentina at Brink of Default as $539 Million Payment Due | | Jun 30, 2014 10:07 AM ET | | Argentina is poised to miss a bond payment today, putting the country on the brink of its second default in 13 years, after a U.S. court blocked the cash from being distributed until the government settles with creditors from the previous debt debacle. | | | |
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| | 8 | | Qaeda Offshoot Declares Islamic Caliphate in Syria, Iraq | | Jun 30, 2014 6:59 AM ET | | The al-Qaeda breakaway group fighting in Iraq and Syria declared an Islamic caliphate in areas under its control, an assertion of authority meant to consolidate its power and erase the border between the two conflict-ravaged countries. | | | |
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| | 9 | | Offshore Tax Crackdown Opens With 30% Penalties for Banks | | Jun 30, 2014 12:00 AM ET | | The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector. | | | |
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