U.S. beefing up missile defenses in Persian Gulf
WASHINGTON - As the Obama administration edges toward imposing tougher sanctions on Iran, it has begun upgrading its approach to defending its Persian Gulf allies against potential Iranian missile strikes, officials said Saturday. Iran president confirmed without symbolic kiss
TEHRAN, Iran - Iran's supreme leader bestowed his formal endorsement on Mahmoud Ahmadinejad's second term as president on Monday but withheld a powerful symbolic gesture -- the kisses and close embrace that portrayed their bond four years ago. Budget deficit tops $1 trillion for first time
WASHINGTON -- The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears about higher interest rates, inflation and the strength of the dollar.
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