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Taiwanese president refuses to resign

Taiwan’s president refused to resign on Sunday and denied allegations that he and his wife had embezzled public money. But the opposition did not buy his defense and prepared to launch a new campaign to remove him from office. President Chen Shui-bian’s comments were his first since prosecutors indicted first lady Wu Shu-chen on embezzlement, forgery and perjury charges on Friday. She was accused of taking $450,000 from a special diplomacy fund in 2002-06. Full Story

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