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Daily Archives : 13/06/2018

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Leaders of the U.S. central bank raised interest rates slightly Wednesday and signaled that rates are likely to go higher as the economy continues to strengthen. At the end of two days of deliberation in Washington, the Federal Reserve set the key interest rate a quarter of a percent higher,…

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Twitter announced Wednesday it would be updating its services to make it easier for users to find content about major events such as natural disasters and the FIFA World Cup that begins on Thursday. “We’re keeping you informed about what matters by showing the tweets, conversations and perspectives around topics…

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German authorities fined Volkswagen nearly $1.2 billion Wednesday for its role in a diesel emissions scandal that first surfaced in the United States in 2015. Prosecutors found the German automaker failed to properly monitor its engine development department. The lack of oversight resulted in global sales of nearly 11 million…

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U.S. President Donald Trump says oil prices are too high and blames the Organization of the Petroleum Exporting Countries. The 14 oil-producing nations in OPEC — Saudi Arabia, Iran, Iraq, Kuwait and Venezuela among them — produce about 40 percent of the world’s oil, but about 60 percent of the…

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For many years, Ivory Coast has been the world’s largest producer of cocoa. Most of it leaves the country in bulk and ends up in Europe, where it gets turned into fine and expensive chocolate, fetching up to 50 times the price of the raw cocoa. Chocolate is the world’s…

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By mixing dance with the disciplines of Science, Technology, Engineering and Mathematics, an all-girl public school in New York encourages its students to go into the Stem fields. According to the U.S. National Science Foundation, while women make up half of the college-educated workforce, less that 30 percent of science…

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Fueled by a surging stock market and huge gifts from billionaires, charitable giving in the United States in 2017 topped the $400 billion mark for the first time, according to the latest comprehensive report on Americans’ giving patterns. The Giving USA report, released Tuesday, said giving from individuals, estates, foundations…

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AT&T won approval from a U.S. court on Tuesday to buy Time Warner for $85 billion, without conditions, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue. The planned deal is seen as a turning point for a media industry that has…

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The Turkish and Azerbaijani presidents on Tuesday inaugurated a key pipeline carrying natural gas from Azerbaijan’s gas fields to Turkish markets and eventually to Europe, part of a wider Southern Gas Corridor project that aims to diversify gas supplies and reduce countries’ dependence on Russia.   The Trans Anatolian Natural…

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