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As the country's financial situation continued to deteriorate, the opposition party won 112 of 167 seats in the National Assembly in elections held in December 2015. The measure may come as good news for some foreign oil companies in Venezuela that were spooked by the opposition's warning that investment deals bypassing Congress would not be considered valid.
  • European Union finance ministers anxious about free trade after

    European Union finance ministers anxious about free trade after "surreal" G20

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    European Union (EU) finance ministers on Tuesday expressed worries about the surge of protectionism particularly prompted by the United States and vowed efforts to safeguard free trade. Germany exported $148 billion in goods and services to the U.S. past year, while US's exports to Germany were $80.2 billion. U.S. Treasury Secretary Steven Mnuchin, taking part in his first worldwide meeting since being sworn in, sought to downplay the wording issue.
  • In airline laptop ban, some in Turkey see commercial agenda

    In airline laptop ban, some in Turkey see commercial agenda

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    The UK followed suit, saying it too would immediately impose similar device restrictions, but it added flights from Tunisia and Lebanon to its list, and excluded those from the UAE, Kuwait and Qatar. Vogel said "it is true to say that security varies at airports in the countries affected by the plan". As they prepare to board, the devices will be put into secure boxes and loaded separately onto the aircraft, be be returned after landing.
  • Federal Judge Who Blocked Trump's Travel Ban Threatened

    Federal Judge Who Blocked Trump's Travel Ban Threatened

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    Marshals are being sent in to guard the Hawaii judge that blocked the Trump administration's second travel ban. Watson issued his ruling to temporarily block the enforcement of the ban on March 15, just hours before it was scheduled to take effect.
  • USA stocks end mixed as Trump fights for healthcare bill

    USA stocks end mixed as Trump fights for healthcare bill

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    That added to losses in the sector since the Federal Reserve last week raised interest rates by 25 basis points and signaled it would remain on a gradual pace of hikes, a less aggressive stance than some investors expected. The Russell 200 index of smaller companies fell 2.7%, erasing its gains for the year. Kate Warne, an investment strategist for Edward Jones, said investors are taking some profits after the market's long post-election winning streak.
  • YouTube hate videos snare Ikea ads as Google crisis spreads

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    It was also an eye-opener for Google's India operations. Telenor Sweden, which had an ad showing before a propaganda video from a Swedish neo-Nazi group, also halted all YouTube advertising, according to Aron Samuelsson, a spokesman. Second, we estimate these businesses in aggregate make up 21% of GOOGL gross revenues (with YouTube 12%) and 10% of net revenue. In calendar year 2016, Alphabet's revenues stood at $26.1 billion , 22 percent more than its previous year's revenues.
  • Brazil Overwhelms Uruguay 4×1 in World Cup Qualifying

    Brazil Overwhelms Uruguay 4×1 in World Cup Qualifying

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    Brazil vs. Uruguay: For the first time since September, a team scored against Brazil. Paulinho, plying his trade in the cash-rich Chinese Super League for Guangzhou Evergrande, scored a screamer in the 19th minute to equaliser after Edinson Cavani had won and converted a penalty to give the hosts the lead.
  • London attack: Donald Trump Jr slams Sadiq Khan over terror attack comments

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    LONDON mayor Sadiq Khan has said his thoughts are with the victims of what Met Police have now declared was a terror attack in Westminster. Donald Jr commented: 'You've got to be kidding me?!' At least one police officer was killed after having been repeatedly stabbed by the terrorist, who brandished an eight-inch knife.
  • Singapore ranked world's most expensive city again

    Singapore ranked world's most expensive city again

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    The survey , which assesses the cost of a basket of over 150 goods across 133 cities around the world, found that London fell 18 places to 24th compared with 6th place previous year. On the other end of the scale, three cities in eastern Europe are among the top 10 cheapest in the world . Both prices and a number of currencies rallied during 2016 and, although inflation in many cities has remained moderate, the impact is reflected in the average cost of living.
  • Authorities assessing whether Brazilian rotten meat reached Denmark

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    Chile's Agriculture Minister Carlos Furche confirmed on Twitter that the Chilean Government was imposing a "temporary" ban on meat imports from Brazil. It added that those companies follow the strictest domestic and worldwide rules and standards for beef, whether that meat is intended for the domestic market or for export markets.
  • Oil glut puts speculators' US$50 billion long bet in jeopardy

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    West Texas Intermediate, a USA petroleum price indicator, slipped to $48.22 per barrel Monday, ending what appeared to be the start of a recovery from a drop to below $48 from over $53 earlier in the month. Concerns that the OPEC production cut was failing to reduce the global supply overhang kept a lid on the market. OPEC oil producers increasingly favour extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russian Federation ...
  • Stepson of attempted murder suspect dies in hospital

    Stepson of attempted murder suspect dies in hospital

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    Kuijer still outstanding", Gavin said. Police originally reported the stabbing as a violent bank robbery at an RBC branch, but Gavin clarified on Sunday that it wasn't a robbery or a domestic dispute. Kuijer is said to be armed and unsafe. The suspect then left the bank and drove away in a grey 2009 Pontiac Montana van with licence plate BYTE392.
  • Stocks rise ahead of Fed, Dutch vote result

    Stocks rise ahead of Fed, Dutch vote result

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    The US Federal Reserve raised its benchmark interest rate as expected, but signaled a more gradual pace of monetary tightening this year. Sterling managed to pull away from a two-month low of $1.2110 struck Tuesday on fears of prolonged political jousting over Brexit terms.
  • Tesla raises $1 billion capital ahead of Model 3 production

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    Alongside the offering of the common shares, Tesla is also offering convertible senior notes due in 2022, to raise $850 million, a separate filing said . With respect to the notes, Tesla intends to enter into convertible note hedge transactions and warrant transactions to limit dilution of its common stock.
  • Stocks slip ahead of Fed meeting; pound drops on Brexit move

    Stocks slip ahead of Fed meeting; pound drops on Brexit move

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    Federal Reserve and as Dutch voters head to the polls. In what was quiet day for top-tier economic data releases, upbeat USA economic data had a muted effect on equities. Japan's central bank has so far opted to retain its ultra-lax monetary stimulus, but that could change. Many economists expect the Bank of England to hold steady.
  • New Drug Prevent Heart Attacks in High-Risk Patients

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    On the safety side, Amgen spotted no new risks of taking the drug. Dr. Steven Nissen, chief of cardiology at Cleveland Clinic, who was not involved in this study but has led other Repatha trials, said expectations for more dramatic results were unrealistic.
  • Yahoo breach spotlights links between Russian spies, hackers

    Yahoo breach spotlights links between Russian spies, hackers

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    In addition, congressional committees are investigating possible links between Russian figures and associates of President Trump. The indictment charges that two members of the FSB, Dmitry Dokuchaev, Igor Sushchin, hired criminal hackers, Alexsay Belan and Karim Baratov, to break into Yahoo's database.