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Michele Bachmann wins Iowa Republican poll

8:40pm EDT

AMES, Iowa (Reuters) - Michele Bachmann won the Iowa straw poll on Saturday in the first big test of the 2012 Republican presidential race, as Texas Governor Rick Perry launched a White House bid that could reshape the race. | Video

Texas Governor Rick Perry launches presidential bid

8:13pm EDT

CHARLESTON, South Carolina (Reuters) - Republican Rick Perry, the conservative governor of Texas, on Saturday declared himself a candidate for president with a blistering attack on Democratic President Barack Obama. | Video

Tourists walk past the U.S. Capitol dome in Washington, August 2, 2011. REUTERS/Jonathan Ernst

Glimmers of hope for deficit-cutting panel

WASHINGTON - Having said no to taxes for months, Republicans now are saying maybe, in the face of public disgust over a deadlock in the Congress, a near government default and a worsening global economic crisis.  Full Article 

Broker Craig Van Skaik poses in front of a house for sale in Los Angeles May 6, 2008.     REUTERS/Mario Anzuoni

Scrap mortgage tax deduction? Have your say

Long criticized by economists and tax analysts, what if the U.S. got rid of or changed the home mortgage interest deduction in the next round of tax reform? Weigh in on the debate.  Full Article 

An employee looks up while working along a production line in Suzhou, Jiangsu province, June 8, 2010. Reuters/Aly Song

China costs start to worry U.S. multinationals

NEW YORK - For years, low prices on China-sourced goods helped dampen inflation in the U.S. Now Beijing's efforts to boost domestic consumer spending, reducing reliance on exports, are leading to higher costs for multinationals.  Full Article 

The "Maid of the Mist" moves past the American Falls, United States side (rear), at Niagara Falls, New York July 28, 2007. Starting as a ferry boat for supplies in 1846 as a steamwheeler, the current fleet of the Maid of the Mists are made of steel, diesel powered, and carry thousands of tourists at the base of the Niagara Falls annually.     REUTERS/Gary Cameron    (UNITED STATES)

Top 10 university student destinations

NEW YORK - It's summer holidays and that means university students around the world are working and traveling for adventure and experience. Online travel adviser Cheapflights.com offers its top 10 list of destinations for scholars on a budget.   Full Article 

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Billionaire financier George Soros speaks at a Reuters Newsmaker event in New York September 15, 2010.  REUTERS/Mike Segar

Germany must defend the euro

Financial markets abhor uncertainty; that is why they are now in crisis mode. The governments of the euro zone have taken some significant steps in the right direction to resolve the euro crisis but, obviously, they have not gone far enough to reassure the markets.  Commentary 

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