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By Jeff Mason and Yeganeh Torbati UNITED NATIONS (Reuters) - President Barack Obama on Tuesday cautiously embraced overtures from Iran's new president as the basis for a possible nuclear deal, but a failed effort to arrange a simple handshake between the two leaders underscored entrenched distrust that will be hard to overcome. In a speech to the United Nations General Assembly, Obama said he was determined to test President Hassan Rouhani's recent diplomatic gestures and challenged him to take concrete steps toward resolving Iran's long-running nuclear dispute with the West. ...More...