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Chancellor of the Exchequer, Alistair Darling, poses for photographers, in the Treasury, London December 8, 2009. The stakes could not be higher for Chancellor Alistair Darling when he delivers his pre-budget report on Wednesday -- an election must take place within 6 months and his Labour Party is on course to lose. REUTERS/Lewis Whyld/Pool

High stakes 9:59pm GMT

Chancellor Alistair Darling's pre-budget report is likely to stake the government's future on tax rises for the rich to help pay for continued support of the economy.  Full Article | Related Story 

Workers prepare heavy machinery to dig a new oil well at South Rumaila oil field, in southern Iraq November 26, 2009.  REUTERS/Atef Hassan
Oilfields head to auction

Oil majors are to bid in Baghdad for some of the world's most promising oilfields in Iraq's second auction of contracts since the U.S. invasion.  Full Article 

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Former spy chief denies any pressure over Iraq Tuesday, 8 Dec 2009 

LONDON (Reuters) - A British spy chief in the run-up to the 2003 invasion of Iraq denied on Tuesday he had come under pressure from Prime Minister Tony Blair's government to beef up intelligence to help justify military action.  Full Article  

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Gates tells Afghans U.S. not leaving yet Tuesday, 8 Dec 2009 

KABUL (Reuters) - U.S. Defence Secretary Robert Gates told Afghans on Tuesday Washington would not abandon them, describing a withdrawal that would begin in 2011 but be spread over several years to give Afghan troops time to train.  Full Article  

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Red Bull Formula One driver Sebastian Vettel of Germany takes the chequered flag to win the British F1 Grand Prix at Silverstone, central England, June 21, 2009. REUTERS/Nigel Roddis
Silverstone triumph

It is not something that can be taken for granted in Formula One, but commonsense seems to have prevailed at last.  Blog 

Passenger spaceship

Richard Branson unveiled the first commercial passenger spaceship, a sleek black-and-white vessel that represents an expensive gamble on creating a commercial space tourism industry.