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Bitcoin Surges above $11,000 Thanks to Facebook's Currency Plans

Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week's G20 summit.

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Zimbabwe Ends Foreign Currency Use as Inflation Spirals

Zimbabwe announced on Monday that it would abandon the use of foreign currencies which replaced the local dollar that was swiped out by hyperinflation ten years ago.

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Jailed Daughter of Late Uzbek Leader Says Gave State $1 Billion

The jailed daughter of Uzbekistan's former president,  once tipped to succeed her father, says she has given $1.2 billion to the state and asked to be released.

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Arabs Renew Pledge to Give Palestinians $100 Million in Aid Monthly

The Arab League Sunday reaffirmed a pledge to pay $100 million a month to the Palestinian Authority, a day after Washington unveiled its Middle East peace plan.

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At Least 8 Killed in Nigeria Oil Pipeline Blast

At least eight people were killed when an oil pipeline exploded in the southeast of Nigeria, police and a local official said Sunday, adding that the death toll could rise.

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Saudi Launches Special Residency Scheme to Boost Revenue

Saudi Arabia on Sunday launched a new special residency scheme aimed at luring wealthy expats as the petro-state seeks to boost non-oil revenue.

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Carrefour Sells China Business to Suning.com

French supermarket giant Carrefour said Sunday it had agreed to sell 80 percent of its China business to leading Chinese retailer Suning. 

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Southeast Asian Leaders Throw Weight behind China-Led Trade P

Southeast Asian leaders gathered in Bangkok on Saturday determined to drive forward the world's largest commercial pact, with the trade war between the US and China clouding the outlook for their export-led economies.

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Panama Says Back on Global Money Laundering Watchlist

Panama has been placed back on an international money laundering watchlist by the Financial Action Task Force (FATF), the Central American country's economy minister announced Friday.

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672 Arrested in Global Swoop on Fake Food and Drink

Police in 78 countries have arrested 672 people as part of a coordinated global crackdown on potentially dangerous counterfeit food and drink, international police agency Interpol announced Friday.

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