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Strikes Hit Greece ahead of Cuts Vote

Greek unions on Tuesday kicked off two days of labor action, shutting down ferries and news services ahead of a Wednesday general strike aimed at a new round of austerity cuts.

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Kuwait Backs Call to Extend Oil Output Cuts

Kuwait on Tuesday backed a call by top oil producers Saudi Arabia and Russia to extend a deal on crude production cuts for nine more months.

"Kuwait gives its full backing and support to the joint position of Saudi Arabia and Russia to extend the oil output cuts deal between OPEC and other producers until March 2018," Oil Minister Essam al-Marzouk said in a statement.

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IFP Group Launches “Beirut Boat 2017”

IFP Group (International Fairs and Promotions) announced that it is organizing the 10th edition of Beirut Boat, under the patronage of President Michel Aoun, at Marina Solidere, from 20 to 24 May 2017, a press release said on Tuesday.

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Russia, Saudi Call for Oil Output Deal Extension

The world's biggest oil producers Russia and Saudi Arabia on Monday called for extending an output reduction deal ahead of an OPEC meeting later this month. 

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London Stocks Hit Record High on Rallying Oil Price

The London stock market soared Monday to a record high as the energy sector was boosted by jumping oil prices, while eurozone equities also forged higher.

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Iran's Delayed Gold Rush Disillusions Voters

The investment gold rush that was supposed to follow Iran's nuclear deal with world powers and revitalize the economy has not materialized, leaving many voters disillusioned ahead of Friday's election.

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U.S. Treasury to Play Key Role in Protecting Financial IT Infrastructure

The U.S. Treasury Department said Saturday it will play a "leading role" in protecting the global financial system's IT infrastructure.

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China Hosts Silk Road Summit in Shadow of N. Korea Missile

China on Sunday touted its new Silk Road as "a project of the century" at a summit highlighting its growing leadership on globalization, but a North Korean missile test competed for attention.

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Thousands Rally in Moscow against Plan to Raze Soviet-Era Flats

Thousands of people protested in central Moscow on Sunday against the city's plan to tear down Soviet-era apartment blocks as part of a controversial urban redevelopment program.

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China Agrees to Open Market to U.S. Beef, Gas

Beijing and Washington announced Friday an agreement giving U.S. beef, natural gas and certain financial services access to China's massive market in a deal highlighting the warm ties nurtured by their presidents.

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