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BP Launches $28bn Azerbaijan Gas Pipeline

British petroleum giant BP has started operating a $28-billion pipeline in Azerbaijan to supply gas to Turkey and elsewhere in Europe, the company said in a statement on Monday. 

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China Stocks Tumble on Weak Data, Trade War Fears

Chinese stocks closed down sharply on Monday, with investors selling on weaker-than-expected economic data and nervously eyeing the next phase in the US-China trade dispute.

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Iran Vows to Foil U.S. Bid to Block Oil Exports

Iran vowed Sunday to defeat U.S. efforts to block its oil exports and warned rival producer Saudi Arabia it would never take Tehran's "place" on the international oil market.

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Saudi Economy Escapes Recession in First Quarter

Saudi Arabia's economy pulled out of recession in the first quarter of 2018, thanks to rising oil prices and a surge in the non-crude sector, authorities said Sunday. 

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'Livid' UK Minister Tears Up PM's Favored Brexit Customs Plan

Britain's Environment Secretary Michael Gove ripped up plans for possible future customs arrangements with the EU, according to reports Saturday, as tensions within the cabinet over Brexit continue to surface.

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British Strawberries in a Jam over Picker Shortage

After weeks of uninterrupted sunshine the strawberry season is in full swing in the so-called Garden of England.

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Slovakia to Feel Most Pain from Trump Car Tariffs

As the world's largest per capita car producer, Slovakia stands to be hit hardest if U.S. President Donald Trump makes good on his threat to impose a 20 percent tariff on cars imported from the EU, analysts say.

Trump's threat was the latest salvo in an escalating trade war that saw the European Union slap duties on U.S.-made jeans and motorcycles in a tit-for-tat response to U.S. tariffs on European steel and aluminum exports.

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U.S. Workers Fear Steel Tariffs Could be Nail in the Coffin

The mood is tense at a nail factory in rural Missouri, where workers fear that steel tariffs imposed by President Donald Trump's administration could cost them their jobs.

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Trump Says Saudi King Agrees to Ramp Up Oil Production

US President Donald Trump on Saturday said Saudi Arabia's King Salman had agreed to his request to ramp up oil production.

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IMF Approves $2 Billion Loan Installment for Egypt

The International Monetary Fund on Friday approved the fourth installment of a $12 billion, three-year loan for Egypt, bringing the total released to date to just over $8 billion.

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