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ok DO NOT use godaddy they are kind of known as the devil.
wirenine (hosting) have an 80 per cent off holidays sale right now, i recommend them for shared hosting at least, ive been pretty happy with them.
US based will most likely be cheaper so i would say go usa based unless most of your traffic will be from a particular country, in which case use a host in that country as it will be a tad faster.
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