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The last major arms control treaty between Russian and the U.S. will expire on Thursday, but experts are cautiously optimistic that there won't be another arms race. At least not right away.
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Gaza officials said the Israeli airstrikes killed at least 21 Palestinians. Israel said one of its soldiers was critically wounded in the attack by Palestinian gunmen.
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Interest rates were cut to 3.75% in December and analysts expect at least one further reduction this year.
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