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Emirates Lends Tablet Computers to Cope with U.S. Ban

Dubai's Emirates airline began on Wednesday loaning tablet computers to premium passengers on U.S.-bound flights in response to an American ban on electronic devices larger than a standard smartphone.

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Iran's Aseman Airlines Signs $3 Billion Deal for 30 Boeing Jets

U.S. plane maker Boeing said Tuesday that Iran's Aseman Airlines had agreed to buy 30 737 MAX jets for $3.0 billion in its second major deal since sanctions were eased last year.

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Kuwait to Borrow More from International Market

Kuwait will increase its borrowing on international markets to plug a budget deficit resulting from low oil prices, the finance minister said on Tuesday.

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Australia Keeps Rates on Hold, Warns on Housing

Australia's central bank held interest rates at a record low 1.50 percent for a seventh straight meeting Tuesday as it juggles a booming property market with mixed economic data.

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Turkish Inflation Hits Highest Rate in Eight Years

Turkey's inflation in March hit its highest annual rate in over eight years, reaching over 11 percent, according to official data on Monday.

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Eurozone Unemployment Falls to Near 8-Year Low

Unemployment in the eurozone fell in February to its lowest level since May 2009 as a hiring spree took hold despite uncertainty over Brexit, EU figures showed Monday.

The Eurostat statistics agency said the jobless rate in the 19-nation single currency area fell to 9.5 percent, with sustained drops in Spain and Portugal also a factor.

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Iceland Considers Pegging Krona to Euro or Pound

Iceland is planning to peg its krona to another currency, possibly the euro or pound sterling, to stabilize its fluctuating exchange rate, its finance minister told the Financial Times on Monday.

The Icelandic currency is booming as a result of the island's spectacular recovery after the 2008 economic collapse, which forced authorities to nationalise three failing banks and impose capital controls.

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Qatar to Boost Production from Vast Underwater Gas Field

The energy-rich Gulf nation of Qatar says it plans to boost production from a vast underwater natural gas field by 10 percent.

State-run Qatar Petroleum said Monday the increase would give the 2022 World Cup host capacity to export some 2 billion cubic feet of gas per day from the North Field.

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Panama Papers Boost Tax Battle, but No Silver Bullet

The Panama Papers have given ammunition to the fight against tax evasion, but much still needs to happen before the world's tax dodgers run out of places to hide money, experts say.

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Power Struggle Rages over Russia's State Statistics

Reports that Russia's economy ministry is set to take control of the national statistics agency has sparked fears that indicators crucial to monitoring the country's economic woes could become skewed.

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