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Kazakhstan Becomes Full-Fledged WTO Member
Kazakhstan has become the 162nd member of the World Trade Organization (WTO).
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IMF gives China's currency prized reserve asset status
The International Monetary Fund on Monday, as expected, admitted China's yuan into its benchmark currency basket in a victory for Beijing's campaign for recognition as a global economic power.
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Putin approves economic retaliation measures against Turkey
Russian President Vladimir Putin signed a decree imposing economic sanctions against Turkey on Saturday, four days after Turkey shot down a Russian warplane near the Syrian-Turkish border.
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Oil gains, bond prices inch up on Turkey-Russia tensions
Oil prices jumped and government debt prices edged up on Tuesday after Turkish jets shot down a Russian warplane near the Syrian border, adding to worries about tensions in the Middle East.
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Egypt's revaluation: a prelude to unshackling the pound?
Egypt's revaluation of the pound this week has raised expectations of a major shift in how it manages a long-running currency crisis, with evidence growing that the central bank may be preparing for a more flexible exchange rate mechanism.
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Some EU countries deserve budget leeway over refugee crisis
European countries most affected by the refugee crisis may be granted some leeway on fiscal rules for a limited period of time, the head of the euro zone finance ministers said on Monday.
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World stocks fall on China worries; oil ends lower
World equity indexes dropped on Monday as disappointing trade data in world No. 2 economy China stoked concerns over weakening global growth, while oil prices slipped.
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Greece approves reform bill, eyes bailout tranche
Greece's parliament approved early Friday a bill with reforms prescribed by the country's international lenders, ahead of a euro zone finance ministers meeting in three days which will decide if Athens qualifies for fresh bailout funds.
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