US President Barack Obama has said he was “surprised and deeply humbled” to be awarded the Nobel Peace Prize, less than 10 months into his presidency.
Speaking at the White House hours after the Norwegian Nobel Prize Committee named him as a surprise winner, he said the award should be a “call to action”.
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What happens to a tax haven when it has to raise taxes? The Cayman Islands may soon find out.President Obama once referred to the Ugland House in George Town, where about 19,000 companies were registered, as “the biggest tax scam on record.”
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Over the next few weeks, Barack Obama must make the most difficult decision of his presidency to date: whether or not to send up to 40,000 more troops to Afghanistan, as his commanding general there, Stanley McChrystal, has reportedly proposed.
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