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December 27, 2012 5:06 PM

Andres Oppenheimer | The really important news of 2012

Most media lists of the most important events of 2012 are led by headlines such as the re-election of President Barack Obama, the appointment of China's new leader Xi Jinping, the revolt in Syria, the return to power of Mexico's ruling PRI party and Venezuelan President Hugo Chavez's battle with cancer.

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