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BREAKING NEWS

Obama: United States not reclaiming old bases, not building new ones

By REUTERS
President Barack Obama said the United States was not planning to rebuild old bases or construct new ones under a new security accord signed on Monday with the Philippines, part of a "pivot" of US resources towards fast-growing Asia and the Pacific.
The agreement, which will have an initial 10-year term, sets the framework for a beefed-up rotation of US troops, ships and warplanes through the Philippines.
China interprets the move as aimed at containing Beijing's growing military might.
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