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U.S. Risks 'Permanent Damage' from Extended Shutdown

The U.S. economy risks suffering "permanent damage" the longer the lockdown to contain the COVID-19 pandemic drags on, U.S. Treasury Secretary Steven Mnuchin said Tuesday.

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Angola Picks Lebanese Group Africell as Fourth Telecoms Operator

Angola on Tuesday awarded the licence for its fourth telecoms network to Lebanese group Africell, as sub-Saharan Africa's second-biggest oil producer opens other economic sectors to foreign competition.

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Britain, U.S. Denounce Russia's Role in Libya Conflict

Britain and the United States on Tuesday urged Russia to stop sending mercenaries to the conflict in Libya, after a recent U.N. report confirmed the presence of Russian and Syrian fighters in the country. 

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Spain Govt. Seeks 2-Week Extension of Lockdown

Spain's government on Tuesday said it would seek parliament's approval to extend the state of emergency by another fortnight, until June 7, even as the number of new coronavirus cases keeps falling. 

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Texas Reopening despite Rise in Virus Cases

Restaurants in Texas have been serving diners for more than two weeks, though at just 25 percent of capacity, and bars and many other businesses will open their doors this week.

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Renault-Nissan-Mitsubishi to Unveil Strategic Plan

Automakers Renault, Nissan and Mitsubishi have hinted that they may unveil a strategic plan next week to repair their troubled alliance as the coronavirus pandemic lashes the industry.

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F1 Demands UK Quarantine Exemptions for Silverstone GP, Elite Sport

A British Grand Prix would be "impossible" this year if elite sport is not exempt from 14-day quarantine restrictions when entering the United Kingdom, Formula One said on Tuesday.

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Argentina's Second City Resumes Lockdown after Virus Cases Spike

Argentina's second city Cordoba has rolled back on the easing of lockdown measures following a sharp spike in coronavirus infections, authorities said Tuesday.

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Facebook Launches 'Shops' to Showcase Online Stores

Facebook on Tuesday reached out to businesses struggling to survive the pandemic with free tools for creating online "Shops" at the social network and Instagram.

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Netanyahu Asks to Skip Corruption Trial Opening

Israeli Prime Minister Benjamin Netanyahu's lawyers asked a Jerusalem court on Tuesday for their client to be exempted from attending the start of his impending corruption trial.  

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