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IMF Trims Global Growth Estimates 2020-21 but Sees Improving Outlook

Easing US-China trade tensions have lessened uncertainty and the world economy may have hit bottom but a sharp slowdown in India is creating a drag worldwide, the International Monetary Fund said Monday.

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Cyprus Says Turkey 'Pirate State' in Gas Drilling Dispute

Cyprus on Sunday accused Turkey of "piracy" after Ankara announced new plans to drill for oil and gas in the divided island’s maritime zone, despite the threat of EU sanctions.

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Jordan Parliament Demands Ban on Israel Gas Imports

Jordan's parliament Sunday voted in favor of a law to ban gas imports from Israel, weeks after the Jewish state began pumping it to the kingdom in a $10 billion deal.

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EU Warns Turkey Off Mediterranean Gas Exploration Plans

The European Union has urged Turkey to drop plans to drill for oil and gas around Cyprus and the eastern Mediterranean, saying such exploration was "illegal".

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Libyan State Oil Firm Warns against Export Blockade

Libya's National Oil Company warned Friday against threats to block oil exports, the war-torn country's main income source, two days before a Berlin conference aimed at relaunching a peace process.

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Dutch Tech Firm Caught in U.S.-China Row

Dutch computer chip machine manufacturer ASML found itself on Friday at the center of a row between Beijing and Washington over the delivery of a hi-tech system to China.

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Toyota Investing $400 Million in Flying Car Company

Japanese car giant Toyota said Thursday it is investing nearly $400 million in a company working on commercializing electric flying cars for "fast, quiet and affordable air transportation services."

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Tough Love for Amazon's Bezos in India

Amazon boss Jeff Bezos on Friday promised to create a million new jobs in India in a farewell love letter to the country, after ending a tough visit that reportedly included a snub by Prime Minister Narendra Modi.

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'Big Ben Bongs for Brexit' Battle Turns Pricey

Britain's bewildering battle to get Big Ben to bong for Brexit is becoming brutal -- and big-budget to boot as public cash donations flooded in Friday for a celebratory peal.

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Turkey Central Bank Cuts Interest Rate to 11.25%

Turkey's central bank trimmed its main interest rate again on Thursday to 11.25 percent -- the fifth cut in six months.

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