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The U.S. trade deficit fell to an eight-month low in February as imports from China plunged, temporarily providing a boost to President Donald Trump’s “America First” agenda and economic growth in the first quarter. The surprise second straight monthly narrowing in the trade gap reported by the Commerce Department on…

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A long-hidden trove of unpublished works by Franz Kafka could soon be revealed following a decade-long battle over his literary estate that has drawn comparisons to some of his surreal tales. A district court in Zurich upheld Israeli verdicts in the case last week, ruling that several safe deposit boxes…

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China’s economic growth held steady in the latest quarter despite a tariff war with Washington, in a reassuring sign that Beijing’s efforts to reverse a slowdown might be gaining traction. The world’s second-largest economy expanded by 6.4% over a year earlier in the three months ending in March, the government…

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Argentine presidential hopeful Sergio Massa would renegotiate the country’s unpopular financing deal with the International Monetary Fund if he wins office later this year, the former congressman told reporters on Tuesday. The $56 billion IMF standby financing agreement includes fiscal cuts that have enraged wide segments of the public, denting…

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The White House is considering other possible candidates for the board of the Federal Reserve although President Donald Trump still backs his two potential nominees, Herman Cain and Stephen Moore, White House economic adviser Larry Kudlow said on Tuesday. Kudlow, speaking to reporters at the White House, added that Trump’s…

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The Lebanese government has yet to disclose its budget for 2019, but protesters are already in the streets fearing the “difficult and painful” reforms it is expected to announce as it tries to get spending in control and rein in public debt. Retired army officers blocked several highways with burning…

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The African Development Bank (AfDB) promised Tuesday to invest $4.4 billion (3.89 billion euros) in infrastructure in over the next seven years. The sum will help to finance 30 projects, ranging from electricity networks and transport to information technology and communication and improve cross-border trade, it said in a statement….

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Mexican President Andres Manuel Lopez Obrador said on Monday he will create a “Robin Hood” institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters. His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put…

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Tiger Woods’ victory at the Masters golf tournament on Sunday, his first major victory since 2008, is expected to lift sales for sponsors, broadcasters and golf courses lucky enough to host a tournament with Woods playing. The competition put the 43-year-old back on top of a sport he helped transform…

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Turkey’s purchase of a Russian air defense missile system should not trigger U.S. sanctions because Ankara is not an adversary of Washington and remains committed to the NATO alliance, Defense Minister Hulusi Akar said Monday. Speaking at a U.S.-Turkey conference in Washington amid rising tensions between the two NATO allies…

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Ivanka Trump arrived in Addis Ababa, the capital of Ethiopia, Sunday for a summit on African women’s economic inclusion and empowerment. In addition to attending the summit, the daughter of the U.S. president, who is also an advisor to her father, will meet with female workers in the coffee industry,…

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Cryptocurrency exchanges are growing in the Philippines, despite a downturn last year in the value of the virtual currencies, due to growing popular demand and lenience among regulators. Authorities in the developing Southeast Asian country have permitted at least 29 exchanges of cryptocurrency following three that the central bank said…

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