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Qatar Airways Profits Reached $540 Million before Gulf Crisis

Qatar Airways said Sunday its net profits rose by almost 22 percent in the last financial year that ended in March, before the diplomatic fallout with its Gulf neighbors.

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Pound Struggles to Recover in after Shock British Vote

The pound struggled on Monday to bounce back from last week's sharp losses that came in the wake of a shock British election result that has thrown the country into uncertainty.

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Greek Families Left Struggling after Successive Cuts

In the living room of his small Athens flat, 40-year-old Dimitris Voutsinos scours the web for job ads -- one of thousands struggling to cope as Greece's economic crisis endures.

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Price of Saudi Cigarettes Doubles as First Tax Hits

The price of a pack of cigarettes doubled for Saudi Arabian smokers on Sunday under first-time tax measures to help the kingdom cope with a drop in oil revenues.

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EU's Border Dwellers Cheer Loudest as Roaming Charges End

The end of roaming fees in the EU is drawing loud cheers from mobile phone users, and nowhere more so than in borderlands where residents are always just a step away from involuntarily incurring hefty surcharges.

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Boko Haram Food Crisis: Farmers Call to Return Home

Farmers and fishermen displaced by Boko Haram violence in northeast Nigeria want to return home, saying it will help ease chronic food shortages for the remote region's starving millions.

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Moody's Downgrades S.Africa on Growth, Political Worries

Credit ratings agency Moody's on Friday said it had downgraded South Africa a notch over gloomy growth prospects and the political instability unleashed by corruption scandals engulfing President Jacob Zuma.

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Pound Dives as Britain Thrown into Uncertainty by Shock Vote

The pound plunged two percent Friday as Prime Minister Theresa May lost her majority in Britain's general election, fueling political uncertainty just days before the start of Brexit talks.

May had called the snap vote in a bid to boost her party's hold over Westminster and give her a stronger hand in talks with EU leaders over the country's detachment from the bloc.

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Cuba Drills for Own Oil as Venezuelan Flow Falters

Near the Cuban seaside village of Boca de Camarioca, a giant drill runs into the ground and out to sea, probing for oil.

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In Mexico's 'Red Triangle,' Stealing Oil a Way of Life

Standing in the middle of lettuce and onion fields that reek of gasoline, the farmers pause from their work to watch an army convoy drive by.

Gripping their machine guns, the soldiers return the farmers' wary gaze. It's impossible to know which villagers are involved in the multi-million-dollar oil theft racket that has become a way of life in this remote pocket of central Mexico.

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