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Ministers Paint Stark Picture of Syria Economy

With oil production at its lowest in years, a total halt in phosphate exports and power generation sharply reduced, Syria's economy is on its knees, government ministers have said. 

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Spain Raises 2017 Growth Forecast

Spain's economy minister on Tuesday raised the government's growth forecast for 2017 to "around three percent" from 2.7 percent due to a stronger-than-expected performance at the start of the year.

"We started this year at cruising speed, which indicates growth will be around three percent," Luis de Guindos told lawmakers during a debate on this year's budget.

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Asia Markets Lower, Euro Hit by Draghi Comments

Most Asian markets fell in holiday-thinned trade on Tuesday, with dealers keeping tabs on a developing scandal around Donald Trump's administration.

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British Airways Flights Disrupted for Third Day after IT Crash

Passengers faced a third day of disruption at Heathrow on Monday as British Airways canceled short-haul flights after a global computer crash that unions blamed on the outsourcing of IT services to India.

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Hard-Up Cubans Snub Graduate Jobs for Higher Pay

As a trained nurse, Jose Antonio Torres can help save lives -- but in Cuba's labor market, he finds riding a bicycle rickshaw a surer way to feed his four children.

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India Needs More Jobs for Women to Boost Growth

India must reverse a trend of falling women's participation in the job market if it is to achieve its ambition of double-digit growth, the World Bank said on Monday.

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Gulf in Living Standards at Heart of UK Election Battle

Although Britain's economic growth is ticking along in the run-up to the general election, flat wages and the government's austerity program continue to bite and cause anger among those left behind.

A world away from the glistening skyscrapers of London's City finance district, normal life for some resembles that depicted in last year's Cannes winner "I, Daniel Blake".

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Ramadan in Libya: Little Cash and Too Much Violence

The holy Muslim month of Ramadan began Saturday with a bitter taste for residents of Libya's capital, as a cash shortage bites, prices rise and deadly clashes returned to Tripoli.

Dawn queues outside banks just to withdraw a few tens of dinars has become routine for most Libyans, whose chaos-plagued North African country faces a persistent liquidity shortfall.

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Car Wars: Trump-Germany Salvo Raises EU-U.S. Trade Fears

U.S. President Donald Trump has launched a salvo against German car exports to the United States, officials confirmed Friday, in the latest sign of simmering transatlantic trade tensions.

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Eurozone Stocks Drop, London Advances as Traders Eye Currencies

Eurozone stock markets sank Friday but London rose on a weak pound after news of a surprise opinion poll two weeks before Britain's general election.

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