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UK Economy Advances despite Lockdown, as Trade Picture Improves

Britain's economy rebounded slightly in February despite coronavirus curbs while exports of goods to the European Union recovered a bit more, data showed Tuesday, sparking optimism over the outlook.

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Cryptocurrencies: a $2.0-Trillion Market

The cryptocurrency market has grown exponentially in 2021 and is now worth a staggering $2.0 trillion as it increasingly attracts interest from big names on Wall Street.

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U.S. Posts Record Deficit through March on Pandemic Spending

The U.S. government posted a record deficit in the six months ended in March, a 130 percent surge reflecting the impact of pandemic stimulus spending, the Treasury Department said Monday.

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Biden Walks Tightrope with Bipartisan Talks on $2 Trillion Infrastructure Bill

U.S. President Joe Biden holds a rare meeting Monday with opposition Republican lawmakers, as well as Democratic allies, to push his more than $2 trillion infrastructure bill -- a daring bid to rebuild the United States and cement his place in history.

The White House meeting between Biden and eight members of Congress is being stage managed to show that the new president has made good on his promise to end the divisiveness that turned Washington into a permanent dog fight under Donald Trump.

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Biden Calls Settlement between Korean Battery Makers a 'Win' for U.S.

U.S. President Joe Biden on Sunday welcomed a last-minute agreement ending a trade dispute between two South Korean electric-vehicle battery makers that he said represented "a win for American workers and the American auto industry." 

The deal between industrial giants SK Innovation and LG Energy Solution was also seen as a victory for Biden as he presses for a quick embrace of electric vehicles as a key element in combating climate change. 

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Most Mideast Economies to Recover by 2022, Lebanon's to Contract Further

The economies of "early inoculating" countries in the Middle East and North Africa will bounce back to pre-pandemic levels next year, the IMF said Sunday, after raising its 2021 MENA growth forecast.

The region, which includes the Arab countries and Iran, saw its real GDP growth shrink by 3.4 percent in 2020 due to lower oil prices and sweeping lockdowns to prevent the spread of the coronavirus.

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Saudi Aramco in $12.4 bn Oil Pipeline Deal with EIG-led Group

Energy giant Saudi Aramco said it has struck a 12.4-billion-dollar deal to sell a minority stake in a newly formed oil pipeline business to a consortium led by US-based EIG Global Energy Partners.

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Asian Markets Mostly Down but Optimism Remains

Most Asian markets retreated Friday as traders took their foot off the pedal ahead of a much-anticipated earnings season, while an increasingly confident mood on trading floors has analysts predicting the global equities rally still has legs.

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ABL Hits Back at Aoun, Says Banks Not behind Wrong Policies

The Association of Banks in Lebanon on Thursday denounced what it called a “campaign against the banking sector” by “most politicians,” a day after President Michel Aoun criticized the country’s banks.

“Most politicians resort to this campaign when the crisis toughens” in a bid to conceal “the reasons behind what happened and is still happening to the country,” ABL said in a statement.

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Lebanon's Dollar Crisis Dims Future of Students Abroad

Lebanese medical student Mohammad Sleiman traveled to Belarus to become the first doctor in his family, but he now fears his country's economic crisis is going to get him expelled.

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