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Several OPEC+ countries extend oil cuts to boost prices

Some members of oil cartel OPEC, led by Saudi Arabia, and allied producers like Russia are again deepening their voluntary crude supply cuts.

Announcements from several OPEC+ countries extend reductions of some 2.2 million barrels a day, the secretariat for the multinational organization noted Sunday. Saudi Arabia led the pack by extending its previously-implemented cut of 1 million barrels a day through the end of 2024's second quarter.

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Takeaways from AP visit to Congo as nation offers expanded oil drilling

The central African nation of Congo is offering 30 oil and gas blocks around the country for auction. It's a prospect that concerns environmentalists and some of the people who live near the drilling that has so far been limited to a small area near its far western border on the Atlantic Ocean.

The Associated Press visited Moanda territory, including two villages near drilling sites, and heard from residents who said air and ground pollution has hurt their crops and caused health problems. They say Perenco, the French-British company that began drilling in 2000, has failed to address those problems, and advocacy groups say they want to see changes before drilling expands.

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World stocks track Wall Street gains, Japan shares hit record high

Japanese stocks again set a record on Friday, after U.S. stocks climbed to all-time highs the previous day, European markets also went up ahead of euro zone inflation data.

The future for the S&P 500 was up 0.1% while that for the Dow Jones Industrial Average dropped 0.1%.

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Local transport in much of Germany hit by strikes in dispute over working conditions

Local buses, subway trains and trams ground to a halt in much of Germany on Friday, at the peak of a week of walkouts by employees demanding better working conditions.

The Ver.di service workers' union called for a week of strikes lasting from Monday to Saturday, with the main day of walkouts on Friday. The union is being backed by the Fridays for Future climate activist group, which called on supporters to take to the streets for "good work and climate-friendly mobility."

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European inflation eases to 2.6% as energy prices fall and food inflation slows

The inflation that has ravaged the European economy eased again in February, falling to 2.6% as high interest rates, moderating oil and gas prices, and sluggish growth held back price increases in stores.

February's figure for the 20 countries that use the euro currency compares to 2.8% from January, the European Union's statistical agency Eurostat said Friday.

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The Future of Education: SchoolTec 2024 to kick off at Movenpick on March 7

Beirut has long been renowned for its pivotal educational role in the Middle East. It stands as the city where the most prominent Arab rulers pursued their education, and it has always been home to a great number of schools and universities. The Lebanese, known for their profound love of knowledge, consistently invest everything they can to provide their children with a quality education.

Today, Beirut, as we like to call it “the classroom of the Middle East”, is hosting the second edition of SchoolTec, “The National Trade Fair for Educational Supplies and Solutions”, drawing hundreds of attendees, including principals, coordinators, teachers, academic and non-academic staff members, IT managers, procurers, and parents, eager to gain knowledge about the most prominent educational solutions, technologies, and services.

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Activists allege 'heavy-handed' UAE restrictions at WTO talks

A coalition of civil society groups on Wednesday accused the Emirati hosts of a World Trade Organization meeting of "heavy-handed restrictions", saying some of its members have been detained at the talks.

Our World Is Not for Sale (OWINFS), representing more than a dozen civil society groups, said it has complained to the WTO following a series of incidents at the body's 13th ministerial conference in the United Arab Emirates capital Abu Dhabi.

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Iran Parliament vote could see low turnout amid unrest and poor economy

Iran is holding parliamentary elections this Friday, yet the real question may not be who gets elected but how many people actually turn out to vote.

Widespread discontent over the cratering economy, years of mass protests rocking the country, and tensions with the West over Tehran's nuclear program and Iran's support for Russia in its war on Ukraine have many people quietly saying they won't vote in this election.

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Thousands of farmers in Poland protest Ukrainian imports and EU policies

Thousands of farmers marched in Poland's capital on Tuesday to protest European Union agricultural policies and imports of cheap food from neighboring Ukraine, part of weeks of similar protests across Europe.

Protesters say they want the Polish government to withdraw from the EU's Green Deal, a plan meant to fight climate change and help the environment with measures that they say are too costly.

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Yellen urges world leaders to 'unlock' frozen Russian assets and send them to Ukraine

Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine's long-term reconstruction.

"It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine's continued resistance and long-term reconstruction," Yellen said in remarks in Sao Paulo, Brazil, where Group of 20 finance ministers and central bank governors are meeting this week.

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