Archive for the December 30, 2016
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Algeria has adopted a 2017 budget that will see taxes raised to compensate for falling revenues from its key oil sector, officials said on Wednesday. The budget, signed by President Abdelaziz Bouteflika, is calculated on
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Algeria has adopted a 2017 budget that will see taxes raised to compensate for falling revenues from its key oil sector, officials said on Wednesday. The budget, signed by President Abdelaziz Bouteflika, is calculated on
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Argentina's industrial production contracted 4.1 percent in November from the same month a year earlier, national statistics agency Indec said on Wednesday, marking the tenth straight month of shrinking output. The drop was less sharp
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Japanese gambling tycoon Kazuo Okada, who is opening a new $2.4 billion casino resort in Manila, said Wednesday he hoped to make the Philippines "the next Hawaii" as he looks to expand his business there.
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South Korea lowered its growth outlook for next year on Thursday as it saw weaker domestic demand and waning job growth holding back recovery in Asia's fourth-largest economy. Corporate restructuring in the troubled shipping and
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Greek bank deposits rose slightly in November for the second month in a row but remain at levels last seen 13 years ago, keeping banks hooked on central bank funding, data released by the country's
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The European Central Bank should have explained more clearly why it nearly doubled its estimated capital shortfall for the ailing Monte dei Paschi di Siena bank, which is being bailed out by the state, Italy's
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Business confidence among entrepreneurs in China rose for the third straight quarter in October-December, according to a survey by the People's Bank of China published on Thursday. The entrepreneurs' confidence index rose to 54.2 percent
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US authorities and cooperating Swiss banks have wrapped up their efforts under a voluntary programme aimed at combating offshore tax evasion that allowed the banks to resolve potential criminal charges, the US Department of Justice
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Brazil's unemployment rate rose to a new high from September to November, official data showed Thursday, the latest sign the recession-hit Latin American giant has still not entered recovery. The figure came in at 11.9
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