While he still eyes creating Nepal's first multinational group by listing Cinnovation overseas, he's focusing on domestic opportunities.

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But plowing ahead into the lucrative overseas markets is probably a smarter long-term bet than focusing on cost savings.

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By focusing on North American energy supplies, the U.S. reduces dependence on overseas sources of energy, many of which come from volatile areas.

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Early in his administration, Mr. Obama overhauled U.S. missile defense policies, focusing on near-term threats and seeking to protect European allies and U.S. troops deployed overseas, in contrast to the Bush administration's effort to defend U.S. territory.

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