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US gives Iraqi funds immunity

U.S. President Barack Obama has authorized a one-year extension of a 2003 executive order, set to expire last month, guaranteeing American protection of Iraqi funds held in the Federal Reserve Bank of New York.

U.S. President Barack Obama has authorized a one-year extension of a 2003 executive order, set to expire last month, guaranteeing American protection of Iraqi funds held in the Federal Reserve Bank of New York.

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