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Iran’s foreign minister has called for other countries to chose engagement over confrontation in resolving their differences over his nation’s nuclear program.
Ali Akbar Salehi told the U.N.-hosted Conference on Disarmament that “nuclear energy is not equated with nuclear weapons” and Iran has no intention to develop weapons of mass destruction.
Iran claims its nuclear program is […]

U.S. manufacturers are hiring at the fastest pace in more than a decade to keep up with new orders but sweeping technological advances could cost thousands of factory workers their jobs in years to come.
At a new factory in upstate New York, which is due to churn out its first computer chips this year, […]

India has proposed setting up a multilateral bank that would be exclusively funded by developing nations and finance projects in those countries, two government officials with knowledge of the matter said.
The plan has been circulated to the countries in the so- called BRIC group — Brazil, Russia, India and China — as well as […]

BRUSSELS

The Obama administration will release details tomorrow on its proposal to reduce the 35 percent corporate tax rate and eliminate tax breaks, said administration officials familiar with the plan.
The Treasury Department will outline the proposal, according to the officials, who briefed reporters on condition of anonymity. They didn

Japan posted a record trade deficit in January as the yen

Egypt said Saturday the criminal trial of 16 Americans and 27 others will start Feb. 26 in a politically charged case against foreign-funded pro-democracy groups that has badly shaken Cairo’s ties with Washington.
The trial represents an escalation in what has become the deepest crisis in U.S.-Egypt relations in decades. American officials have threatened to cut […]

U.S. Secretary of State Hillary Clinton and former White House economic adviser Lawrence Summers are two leading candidates to succeed World Bank President Robert Zoellick when he leaves in June, said two people familiar with Obama administration discussions.
The U.S. promised a candidate

China pledged to invest in Europe

The stock market shook off its worries about Greece on Monday and got back to its routine of little-by-little gains.
The Dow Jones industrial average climbed 80 points _ nothing flashy, but enough to regain most of what it lost Friday. Before that, stocks had notched three days in a row of small increases.
The gains were […]