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UK Offshore Oil, Gas Sector Urges 'Clarity' on Brexit

Britain must provide "clarity" over its Brexit strategy in order to stimulate jobs and investment in the offshore oil and gas sector, industry body Oil & Gas UK urged on Wednesday.

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Brazil Inflation Continues to Simmer Down

Brazilian prices notched up only slightly in August, leaving the annual inflation rate of 2.46 percent the lowest for 18 years, the government statistics office said Wednesday.

Latin America's biggest economy is inching out of its deepest recession in history and steadily falling inflation is allowing the central bank to slash the previously sky high basic interest rate, with a new cut expected when the bank meets later Wednesday.

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Australia Economy Strengthens after Weak Start to Year

Australia's economy has shrugged off a sluggish start to the year, boosted by government and consumer spending with the nation extending its record run of growth, official data showed Wednesday.

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Former Senior U.S. Treasury Official Joining SGBL Team

Former U.S. Department of the Treasury Assistant Secretary for Terrorism Finance Daniel Glaser – one of the world’s leading authorities on anti-money laundering and counter-terrorist financing – to be Senior Advisor to SGBL Chairman Antoun Sehnaoui, an SGBL press release stated.

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Class Action Against Australia's Biggest Bank Gets Funder Backing

A global litigation funder on Tuesday said it would back a shareholder class action against Australia's biggest bank over alleged breaches of anti-money laundering laws.

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Debt, Sanctions and Disrepair: Venezuela's Oil Sector in Agony

After decades of being Venezuela's cash cow, the state oil company PDVSA is a ragged shadow of its former self: overburdened, underfed, and in hock to Russian and Chinese creditors.

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Asian Markets, Won Sink after N.Korea's Latest Nuclear Test

Asian and European stocks tumbled along with the South Korean won Monday while the safe-haven yen rallied on news that North Korea had tested what it claimed was a hydrogen bomb, ramping up international tensions.

Less than a week after it rattled global markets by firing a rocket over Japan, Pyongyang on Sunday conducted its sixth nuclear test -- sparking further condemnation and a warning from US Defense Secretary Jim Mattis of a "massive military response" if the US or its allies were attacked.

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Common Ground in Short Supply as China Hosts BRICS

Chinese President Xi Jinping on Sunday acknowledged growing doubts over the relevance of the five-nation BRICS bloc of large emerging economies but called for the group to stick together even after China's tense border row with fellow member India.

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Foreign and 'Futureless', Saudi-Born Women Struggle to Find Work

Hafsa had hoped to land a much-needed job distributing meals for the Muslim Eid al-Fitr holiday. One question stood in her way: "Are you, your husband, or any of your relatives Saudi?"

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Slow Greek Recovery Brings No Relief to Struggling Workforce

Markos Markakis is 28 and works up to 13 hours a day. It took him seven attempts to find his current job, and in Greece's precarious job environment, he counts himself lucky.

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