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Venezuela's Maduro Boosts Minimum Wage by 150 Percent

President Nicolas Maduro on Thursday increased Venezuela's minimum wage by 150 percent, the sixth readjustment this year, as part of an economic reform plan that has failed to curb rampant inflation.

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Japan Court Extends Ghosn Detention

A Tokyo court on Friday extended the detention of former Nissan chief Carlos Ghosn, after his arrest on allegations of financial misconduct that have shaken the auto industry.

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Ghosn 'Signed Documents to Defer Compensation'

Nissan's former chairman Carlos Ghosn signed secret documents instructing aides to defer part of his salary without disclosing this to shareholders, a source close to the issue claimed Thursday.

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Putin Says Russia Ditching Dollar in Sanctions Response

President Vladimir Putin said Wednesday that Russia had no choice but to cut its dependency on dollars to conduct trade, after becoming the target of increasingly severe U.S. sanctions.

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Iran's Saffron Seeks Global Recognition

The labourers edge their way across a field of bright purple flowers gathering up the world's most expensive spice, a bounty that makes this dusty corner of Iran a crucial part of global cuisine.

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Trudeau, Trump Share 'Disappointment' over GM Plant Closures

Canadian Prime Minister Justin Trudeau and US President Donald Trump found common ground during a phone call Tuesday in which they discussed the announced closure of General Motors plants.

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Erdogan Warns Greece, Cyprus over 'Reckless' Oil, Gas Exploration

Turkish President Recep Tayyip Erdogan on Tuesday warned that "reckless" oil and gas exploration in the eastern Mediterranean was a danger for Cyprus and Greece, a day after two European energy giants bid for new licenses.

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U.S. Stocks Fall as Trump Speaks of More China Tariffs

Wall Street stocks fell early Tuesday following hawkish comments from President Donald Trump on the ongoing trade dispute with China ahead of a key Group of 20 summit.

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Jack Ma, China's Richest Man, is a Communist Party Member

Jack Ma, founder of Chinese tech giant Alibaba, is among the world's richest people but he has now emerged as a member of another club: China's 89-million-strong Communist Party.

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Most Asia Markets Up, Investors Cautious Ahead of Trump-Xi Talks

Asian markets mostly rose Tuesday but traders remain on edge after Donald Trump warned he will ramp up his trade war with China if he does not reach a deal with Xi Jinping at upcoming talks.

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