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thomson reuters

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WASHINGTON, March 10 (Reuters) – The gush of money the U.S. government poured into family bank accounts during the coronavirus pandemic, credited with accelerating the rebound from the health crisis, could now help limit economic damage of the Russian invasion of Ukraine and give the Federal Reserve more leeway to raise interest rates. As analysts …

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A tank truck is seen at the Alberto Pasqualini refinery of state oil company Petrobras in Canoas, state of Rio Grande do Sul, Brazil, October 25, 2021. REUTERS/Diego Vara Join now for FREE unlimited access to Reuters.com Register SAO PAULO, March 3 (Reuters) – Brazilian President Jair Bolsonaro said on Thursday that state-owned oil producer …

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US President Joe Biden addresses a joint session of Congress as Vice President Kamala Harris and Speaker of the US House of Representatives Nancy Pelosi (D-CA) applaud, at the United States Capitol in Washington, DC, U.S. April 28, 2021. Chip Somodevilla/Pool via REUTERS/File Photo Join now for FREE unlimited access to Reuters.com Register WASHINGTON, March …

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A general view shows an oil processing plant in the Yarakta oil field, owned by Irkutsk Oil Company (INK), in Irkutsk region, Russia March 10, 2019. Picture taken March 10, 2019. REUTERS/ Vasily Fedosenko Join now for FREE unlimited access to Reuters.com Register American platform counts to 2 in 522 -Baker Hughes Biden working on …

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Crude oil storage tanks are seen from above at the Cushing Petroleum Center in Cushing, Oklahoma March 24, 2016. Picture taken March 24, 2016. REUTERS/Nick Oxford Join now for FREE unlimited access to Reuters.com Register Inflation and concerns about rising rates weigh on oil prices Brent, WTI in line for first weekly fall since early …

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Integrated World Economy

BOSTON, Feb 9 (Reuters) – The New York state pension fund will sell $238 million worth of stock and debt it holds in 21 shale oil and gas companies, including Chesapeake Energy Corp, Hess Corp (HES.N) and Pioneer Natural Resources (PXD.N), saying they have not shown they are ready to move to a low-emissions economy. …

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A man works to transport iron ore on a truck at Ganyu port in Lianyungang, Jiangsu province, China June 11, 2019. Picture taken June 11, 2019. REUTERS/Stringer Join now for FREE unlimited access to Reuters.com Register Regulators talk to iron ore information providers To sanction irregularities that drive up prices Dalian iron ore futures down …

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CPI climbs to 5.4% in December, its highest level since March 1992 Rising food and fuel prices increase the cost of living The Bank of England is expected to raise interest rates next month Some signs of easing price pressures for manufacturers LONDON, Jan 19 (Reuters) – Inflation in Britain rose faster than expected to …

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Senior US and Russian diplomats meet amid tension over Ukraine Blinken warns of “grave consequences” if Russia invades Moscow says “we don’t want conflicts” Russia arrests three suspected Ukrainian agents STOCKHOLM, December 2 (Reuters) – US Secretary of State Antony Blinken met his Russian counterpart on Thursday to warn him face to face of the …

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Western alarm grows over reinforcement of Russian troops NATO Alliance ministers meet in Latvia Moscow denies any aggressive intention RIGA, Nov.30 (Reuters) – Russia would pay a high price for any further military aggression against Ukraine, NATO and the United States warned on Tuesday as the Western military alliance met to discuss Moscow’s intentions to …

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Chevron hydraulic fracturing site near Midland, Texas, USA, August 22, 2019. REUTERS / Jessica Lutz / File Photo Register now for FREE and unlimited access to reuters.com Register now Nov. 24 (Reuters) – The United States uses more gasoline than any other country in the world, and Americans have recently become concerned about rapidly rising …

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Crude oil storage tanks are seen from above at the Cushing Oil Hub in Cushing, Oklahoma on March 24, 2016. REUTERS / Nick Oxford OPEC lowers oil demand forecast for end of 2021 Biden administration could order release of oil reserves Brent seems to consolidate below $ 85 a barrel – analyst Nov. 11 (Reuters) …

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Customers shop amid the coronavirus disease (COVID-19) pandemic at a giant shopping mall in Seoul, South Korea, September 22, 2020. REUTERS / Kim Hong-Ji / File Photo The CPI grows at the fastest annual rate since January 2012 CPI above 2% for the seventh consecutive month Rising petroleum product prices were the main driver of …

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Oct. 31 (Reuters) – Progressive US Senator Bernie Sanders said on Sunday he was still working to include a provision to cut prescription drug prices in the social spending bill pending in Congress American before a vote in the House of Representatives. President Joe Biden suffered a setback Thursday as the House scrapped plans to …

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Equipment used to capture carbon dioxide emissions is seen at a coal-fired power plant owned by NRG Energy, where carbon collected from the plant will be used to extract crude from a nearby oil field at Thomspsons, Texas, USA, January 9, 2017. REUTERS / Ernest Scheyder BENGALURU, Oct. 25 (Reuters) – A Reuters poll of …

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The logo of automaker Renault can be seen at a dealership in Paris, France, August 15, 2021. REUTERS / Sarah Meyssonnier The reduction in production is more than double the previous estimate Higher car prices, cost cuts protect profits The share drops 1.8%, the biggest drop on the Paris Bourse Auto makers cut production due …

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Worldwide tax system

New Jersey, United States, – The latest research report added to Intellect Repository Marketing Research is an in-depth analysis of the Global Tax Management Systems Market. Supported by historical growth analysis and current scenarios of the Tax Management Systems Market, the report seeks to provide actionable information about the growth forecast of the global market. …

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WELLINGTON, Oct. 18 (Reuters) – New Zealand’s Consumer Price Index (CPI) rose 2.2% in the third quarter, beating expectations and increasing at the fastest pace in more than a decade due to housing costs and other supply constraints, according to data released on Monday showed. The CPI rose 2.2% in the quarter ending September from …

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Benetton Shifts Production To Asia As Shipping Costs Rise To boost manufacturing in Eastern Europe, Turkey and North Africa – CEO Relocation helps control supply chain and shorten lead times – CEO Similar issues facing many apparel and consumer sectors MILAN, Sept.30 (Reuters) – Fashion brands like Benetton are increasingly turning away from global supply …

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Prices help the market to project a 10-year revenue stream PPA investors in wind and solar power plants need visibility EEX offers standardized and financially settled futures contracts The movement applies to German, Italian and Spanish power FRANKFURT, Sept. 27 (Reuters) – The European Energy Exchange (EEX) on Monday extended its annual electricity futures contracts …

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Cans of Carlsberg beer are seen in a pub in Mumbai, India on October 20, 2018. Photo taken on October 20, 2018. REUTERS / Danish Siddiqui / File Photo NEW DELHI, Sept. 24 (Reuters) – India’s antitrust watchdog on Friday fined beer giant United Breweries (UBBW.NS) controlled by Heineken and $ 16 million on Friday. …

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Integrated World Economy

A warning label can be seen on the front of a gas meter at a home in Manchester, Britain on September 18, 2021. REUTERS / Phil Noble LONDON, Sept. 22 (Reuters) – Like most other energy crises, Britain’s electricity and gas crisis has a short-term trigger (a sudden surge in international gas prices), but issues …

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Existing home sales drop 2.0% in August The housing stock is down 13.4% compared to a year ago Median house price increases 14.9% from a year ago WASHINGTON, Sept.22 (Reuters) – US home sales fell in August as supply remained tight, but there are signs that soaring house prices and demand fueled by the COVID-19 …

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The South African Rand coins are visible in this photo illustration, file. REUTERS / Mike Hutchings / File Photo JOHANNESBURG, Sept. 17 (Reuters) – The South African rand weakened on Friday, reversing some initial gains and was expected to end the week with an overall loss of nearly 3.8% as the US dollar rose and …

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Meat is cut for mincing at a butcher’s shop in New Tripoli, Pennsylvania, USA, May 14, 2020. REUTERS / Jonathan Ernst / File Photo WASHINGTON, Sept. 8 (Reuters) – The Biden administration plans to take a tougher stance on meat packers it says are causing sticker shock in grocery stores. Four companies control much of …

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World Fact Book

Australia daily cases just below 1,000, new pandemic high Federal government urges states to stick to reopening plans One third in NSW fully vaccinated SYDNEY, Aug. 25 (Reuters) – COVID-19 infections in Sydney hit a daily record high on Wednesday, putting parts of the healthcare system under pressure, officials said, calling for more vaccinations to …

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BEIRUT, Aug.22 (Reuters) – The Lebanese government on Sunday said it was raising gasoline prices by 66% as part of a partial cut in fuel subsidies as it seeks to alleviate crippling shortages that crippled the country. The increase in the price of 95-octane gasoline would take effect immediately, the government said in a statement. …

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Worldwide tax system

Reports Globe’s new report on Global Tax Management System Market offers in-depth coverage of industry and important market trends with historical and forecast market information, demand, application information, price trends and shares of the leading tax management system company by geography. This report also studies the Tax Management System market share, competitive landscape, market share, …

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LONDON, Aug. 11 (Reuters) – A market push that puts a price on global warming emissions could make carbon dioxide capture and sequestration technology commercially viable after decades of false starts. A report by the United Nations Intergovernmental Panel on Climate Change (IPCC) made it clear on Monday that the world would face catastrophic consequences …

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Iron ores are unloaded at a port in Lianyungang, Jiangsu province, China on May 22, 2016. REUTERS / Stringer LAUNCESTON, Australia, Aug. 9 (Reuters) – China has gone from being an engine of global demand for major commodities to being a drag on growth, with July customs data confirming the trend of weakening imports of …

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Largest weekly decline in 4 months for Brent, in 9 months for WTI Rise in coronavirus cases among major U.S. and Chinese consumers weighs in Dollar rallies towards biggest weekly gain since June U.S. Oil Rigs Increase Two To 387 This Week – Baker Hughes NEW YORK, Aug.6 (Reuters) – Oil prices fell about 1% …

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The Bank of England can be seen as people walk through the City of London Financial District, London, Britain June 11, 2021. REUTERS / Henry Nicholls / File Photo LONDON, Aug. 3 (Reuters) – British public inflation expectations for the coming year surged in July in response to the recent price hike, although long-term expectations …

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Customers visit the Macy’s flagship store in New York, New York, United States, May 20, 2021. REUTERS / Eduardo Munoz WASHINGTON, July 19 (Reuters) – US President Joe Biden on Monday said a price hike should be temporary, but his administration understood longer-term runaway inflation would pose a “real challenge” to the economy and would …

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VIENNA / WASHINGTON, July 6 (Reuters) – Iran has started the process of producing enriched uranium metal, the UN atomic watchdog said on Tuesday, a move that could help it develop a weapon nuclear power and that three European powers have said they are threatening talks to revive the 2015 Iran nuclear deal. Iran’s measures, …

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A view shows vehicles driving on a street in Riyadh, Saudi Arabia on February 16, 2021. REUTERS / Ahmed Yosri DUBAI, July 5 (Reuters) – Saudi Arabia’s non-oil private sector continued to expand at a rapid pace in June and job creation peaked in 19 months, according to a survey, as the largest Arab economy …

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Global stock markets are approaching record highs U.S. non-farm payrolls increase by 850,000 in June Mixed gross after the postponement of the OPEC + meeting Gold rises as dollar retreats after US jobs data NEW YORK, July 2 (Reuters) – Global stocks rose on Friday, hitting an all-time high thanks to a better-than-expected monthly US …

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LONDON, July 1 (Reuters) – Oil prices have a complex impact on new vehicle purchases and fuel economy in the United States that depends on the magnitude and expected duration of price changes. In general, periods of high and rising oil prices have led consumers to purchase smaller, lighter and more fuel efficient cars and …

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WINNIPEG, Manitoba, June 28 (Reuters) – In the shadow of Canada’s oil sands mega projects, smaller and technologically outdated facilities produce up to three times more emissions per barrel than the already high industry average – and the rise in oil prices gave them lease of life. These projects present a further challenge to Canada’s …

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Worldwide tax system

BARCELONA, June 23 (Reuters) – (This June 23 story corrects itself to show that John McAfee was no longer involved in McAfee’s antivirus business when Intel bought it) British-born American tech entrepreneur John McAfee committed suicide in a Barcelona prison on Wednesday after Spain’s High Court authorized his extradition to the United States for tax …

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Integrated World Economy

Hong Kong Managing Director Carrie Lam speaks at a ceremony marking National Security Education Day in Hong Kong, China on April 15, 2021. REUTERS / Lam Yik SHANGHAI, June 20 (Reuters) – Hong Kong’s strategy to strengthen the city’s status as a global financial hub requires greater integration with mainland China, now that Beijing has …

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NEW YORK / HOUSTON, June 15 (Reuters) – A group of oil companies, seeing continued profits in shale, reflect on Royal Dutch Shell (RDSa.L) stakes in America’s largest oil field as the European giant contemplates an exit from the Permian Basin, according to market experts. The potential sale of Shell’s Permian stakes in Texas would …

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Global food import costs are set to rise 12% in 2021 to a record high due to soaring commodity prices and high demand during the COVID-19 crisis, the United Nations food agency said. . The global food import bill, including shipping costs, is expected to reach $ 1.715 trillion this year, up from $ 1.530 …

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A woman shops at the Big Bazaar retail store in Mumbai, India on November 25, 2020. REUTERS / Niharika Kulkarni Retail price inflation in India likely rose last month after a three-month low in April, supported by rising food and energy prices, but remained within the Reserve Bank’s target range of India for the sixth …

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Worldwide tax system

The logos of Amazon, Apple, Facebook and Google in a combined photo. U.S. tech giants could benefit from the Group of Seven Rich Country’s agreement to create a minimum 15% overall corporate tax rate if the final deal also removes increasingly popular taxes on services digital, according to industry lobbyists. The deal, struck on Saturday, …

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Global stocks rallied on Friday and closed near all-time highs, and oil and gold rose as the dollar fell after US jobs data was strong but not as strong than expected, allaying investor fears that the Federal Reserve will soon curb monetary stimulus. American employers increased their hires in May and raised wages. But the …

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Integrated World Economy

In May 2020, then Italian Minister of Agriculture Teresa Bellanova wept with emotion on television announcing a decree giving thousands of illegal immigrants the opportunity to work legally on farms and as domestic helpers. However, a year later, the system has hardly progressed, a victim of the tortuous bureaucracy of the country and its struggle …

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A man walks past the Bank of Japan building in Tokyo, Japan on January 15, 2018. REUTERS / Kim Kyung-Hoon The US Federal Reserve’s recent pledge to keep interest rates low despite rampant inflation has created new headaches for the Bank of Japan, which is quietly trying to wean the economy off its massive stimulus …

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A view shows a logo at the entrance to the Tereos sugar factory in Escaudoeuvres, northern France, April 30, 2020. REUTERS / Pascal Rossignol / File Photo French sugar producer Tereos is seeking to pull out of its businesses in China and Romania as part of a larger initiative by the new management to divest …

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The Turkish lira banknotes can be seen in this illustration taken on January 6, 2020. REUTERS / Dado Ruvic / Illustration The Turkish lira hit an all-time high on Friday as worries about global inflation, a snap election and a possible downgrade in ratings marked the latest milestone in a multi-year depreciation that has hampered …

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Oil prices were flat on Thursday, supported by strong US economic data that offset investor worries about the possibility of an increase in Iranian supplies. Brent fell 2 cents to $ 68.85 a barrel at 10:52 a.m. EDT (2:52 p.m. GMT). US West Texas Intermediate (WTI) crude was unchanged at $ 66.21 per barrel. The …

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Worldwide tax system

Visitors wearing face masks check out a Chinese-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle manufacturer’s showroom in Beijing, China January 5, 2021. REUTERS / Tingshu Wang / File Photo Tesla Inc (TSLA.O) announced on Tuesday that it will eliminate a radar sensor and rely on cameras for its semi-automated autopilot …

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Traders work on the floors of the London Metal Exchange in London, Britain September 27, 2018. REUTERS / Simon Dawson / File Photo The London Metal Exchange plans to replace its LMEselect trading system with the Orion platform of its owner, Hong Kong Exchanges and Clearing, CEO Matt Chamberlain said on Tuesday. LMEselect is an …

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Soaring international food and shipping prices and low domestic production further reduce the import-dependent capacity of Cuba to feed its people. Cuba traditionally imports about 70% of the food it consumes by sea, but tough US sanctions and the pandemic, which has ravaged tourism, have severely reduced foreign exchange earnings. For more than a year, …

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Signage is seen outside the entrance to the London Stock Exchange in London, Britain. 23 August 2018. REUTERS / Peter Nicholls London’s FTSE 100 fell on Wednesday, dragged down by heavy commodity stocks, as a larger-than-expected rise in inflation fueled fears the central bank would tighten monetary policy earlier than expected . The blue chip …

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Integrated World Economy

When a teacher told Syrian mother Um Wajih that her 9-year-old son’s German had deteriorated during the six-week closure of her Berlin school, she was saddened but not surprised. “Wajih had learned German quickly, and we were very proud of him,” said the 25-year-old mother of two. “I knew without training he would forget what …

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The Chinese flag is reflected in a drop on a syringe needle in this illustration taken on November 9, 2020. REUTERS / Dado Ruvic / Illustration Chinese biotech company Kintor Pharmaceutical Limited (9939.HK) saw its share price rise more than 20% the day after announcing on April 25 that it had “completed the first enrollment …

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A worker rides a bicycle in a container area at a port in Tokyo, Japan, January 25, 2016. REUTERS / Toru Hanai Japanese exports likely rose more than 30% year-over-year in April, the strongest in more than a decade, a Reuters poll showed on Friday, but the base effect was a major factor after the …

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Integrated World Economy

Dark clouds loom over the financial district as the spread of coronavirus disease (COVID-19) continues in Frankfurt, Germany, March 16, 2021. REUTERS / Kai Pfaffenbach It is rare for Germany’s elections to be exciting and market-moving events, but the September 26 election may prove to be the exception if its outcome completes the transformation of …

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Worldwide tax system

Ukrainian prosecutors on Thursday asked a Kiev court to set the bail of prominent pro-Russian lawmaker Viktor Medvedchuk at 300 million hryvnia ($ 10.85 million) or to hold him in a treason case. Medvedchuk, who promotes closer ties with Moscow and claims President Vladimir Putin is his daughter’s godfather, is widely regarded as Russia’s most …

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A worker wearing a face mask works on a production line of steel bicycle rims in a factory, as the country is hit by the outbreak of the novel coronavirus, in Hangzhou, Zhejiang province, China March 2, 2020 China Daily via REUTERS Factory exit prices in China rose at the fastest rate in three and …

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Global stocks fell on Friday, retreating from Thursday’s record high as investors worried about valuations, while the dollar posted its biggest daily gain since late February. MSCI’s widest global equity indicator (.MIWD00000PUS) still had its strongest month since November. The index, which covers 50 markets, lost 0.92%. US indices closed lower after the S&P 500 …

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Global stocks held near an all-time high and the euro was on track for its best month in nine years as strong US data and corporate earnings along with the Federal Reserve’s commitment to support the economy fueled investor risk appetite. MSCI’s broadest measure of global equities spanning 50 markets (.MIWD00000PUS) fell 0.1% but remained …

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Worldwide tax system

Equipment used to capture carbon dioxide emissions is seen at a coal-fired power plant owned by NRG Energy where carbon collected from the plant will be used to extract crude from a nearby oil field in Thomspsons, Texas, States United, January 9, 2017. REUTERS / Ernest Scheyder The transition from an energy system dominated by …

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Worldwide tax system

A Microsoft logo is seen on an office building in New York, the United States, July 28, 2015. REUTERS / Mike Segar Microsoft Corp (MSFT.O) on Tuesday met analysts’ quarterly sales expectations and beat earnings estimates, but its shares edged down as investors hoped for an even stronger performance after a year-long rally to a …

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World Fact Book

Triathlon – Gold Coast 2018 Commonwealth Video games – Combined Staff Relay Last – Southport Broadwater Parklands – Gold Coast, Australia – April 7, 2018. Alistair Brownlee of England. REUTERS / David Grey Alistair Brownlee is completed with the Olympics. Having gained triathlon gold in London in 2012 and Rio de Janeiro 4 years later, …

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