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Obama says US not losing against Islamic State

<p>US President Barack Obama has described the loss of key Iraqi territory to Islamic State as a tactical setback, while insisting the war against the jihadist group is not being lost</p>

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Washington: US President Barack Obama has described the loss of key Iraqi territory to Islamic State as a tactical setback, while insisting the war against the jihadist group is not being lost.

"I don't think we're losing," Obama said in an interview with news magazine The Atlantic published Thursday, days after the Iraqi city of Ramadi was overrun.

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