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By Ingrid Melander and Emmanuel Jarry PARIS (Reuters) - France's candidate for the European Commission Pierre Moscovici is convinced he will have an important economic portfolio, he told Reuters on Wednesday, rebuffing German concerns that France lacked the budget credibility to take such a job. President Francois Hollande proposed his former finance minister on Tuesday to be France's representative in the next European Commission, which takes office early November. A keen admirer of Keynesian economics, Moscovici said it was crucial for Europe to refocus on growth and jobs via higher investments.
BAGHDAD (AP) — Iraqi Prime Minister Nouri al-Maliki on Wednesday said his government has allocated more than $850 million to assist those displaced by last month's militant takeover of much of the country, and called on Sunnis remaining in those areas to take up arms against the insurgents.