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CNBC update: G7 meeting, record melons

10:29 AM ET Thu, 26 May 2016

President Obama is at the G7 meeting in Japan; Iraqi soldiers were camped on the outskirts of Fallujah as they continued their efforts to retake the city from ISIS militants; a pair of melons sold in Japan for a record three million yen in the first auction of the fruit this year, reports CNBC’s Courtney Reagan.