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Oil Prices Fall After OPEC+ Talks, ECB Rate Cut

Oil Prices Fall After OPEC+ Talks, ECB Rate Cut

  Oil prices fell on Thursday after a meeting of the OPEC+ alliance yielded no decision on deepening supply cuts but focused instead on bringing Nigerian and Iraqi output down to their agreed quotas. Oil came under further pressure after the European Central Bank cut its deposit rate to a record low -0.5 per cent […]

Canadian Held In Syria Freed In Beirut

  A Canadian citizen held by the Syrian government since 2018 has been released in Lebanon on Friday and broke down in tears at a news conference, saying he thought he will be held forever.   “I didn’t know if anyone knew if I was alive,” said Kristian Baxter, struggling to speak as he choked […]

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Trump Doubles Down In Name-Calling Attack On British Ambassador

  U.S. President Donald Trump on Tuesday called Britain’s ambassador to the U.S. a “very stupid guy’’ as he again reacted to leaked cables critical of the Trump administration.   “The wacky Ambassador that the U.K. foisted upon the U.S. is not someone we are thrilled with, a very stupid guy,” Trump tweeted.   The […]

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Former Rio de Janeiro Governor Admits Paying $2M Bribe To Host 2016 Olympics

  The former governor of Rio de Janeiro State said in court testimony on Thursday that he paid $2 million to buy votes to ensure the city would be chosen to host the 2016 Olympic Games. Sergio Cabral told a judge the money went to Lamine Diack, the former President of the International Association of […]

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German Museum Head Defends Jackson Exhibition Amid Abuse Claims

  The Head of a German art museum has defended upcoming exhibition on Michael Jackson amid child sexual abuse allegations against the deceased U.S. pop superstar. “Especially now, when new abuse accusations have come to light, it’s important to reassess the ‘King of Pop,’” Rein Wolfs, Director at the Bundeskunsthalle in Bonn, said on Wednesday. […]

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Venezuela’s Guaido Urges More Sanctions After German Expulsion

  Venezuela’s opposition leader, Juan Guaido, urged Europe to tighten financial sanctions against the government of President Nicolas Maduro after it expelled Germany’s ambassador, a magazine quoted him as saying on Thursday. It was the latest flashpoint in a global showdown over Venezuela, with Western nations largely recognising Guaido as the legitimate head of state. […]

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Israel Sells India 50 Military Drones In $500m Deal

  Israel Aerospace Industries (IAI) has agreed with India’s Ministry of Defence on the sale of 50 Heron unmanned aerial vehicles (UAVs) for 500 million dollars, the daily newspaper Yedioth Ahronoth reported on Sunday. The Heron, a medium-altitude long-endurance drone capable of performing strategic and tactical missions, can carry a payload of up to 470 […]

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China Central Bank Announces Bill Swaps To Support Bank Perpetual Issuance

  China’s central bank said it would implement a one-year central bank bill swaps worth 1.5 billion yuan ($222.02 million) on Wednesday to improve the liquidity of banks’ perpetual bonds, and support issuance of the bonds to replenish capital. The People’s Bank of China (PBOC) made the announcement in a statement on its website on […]

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