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U.S. Intel Budget Soars under Trump

U.S. spending on intelligence has soared under President Donald Trump, figures released on Tuesday showed, as the government stepped up cyber warfare activities and boosted spying on North Korea, China and Russia.

Spending on civilian and military intelligence jumped by 11.6 percent to $81.5 billion in fiscal 2018, which ended on September 30, according to the Department of Defense and the Office of the Director of National Intelligence.

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UAE Sets Up Special Unit to Lure Foreign Investors

The United Arab Emirates announced Tuesday the establishment of a special unit at the economy ministry to help lure foreign investors amid an economic slowdown.

The establishment of the foreign direct investment unit was ordered by President Sheikh Khalifa bin Zayed Al-Nahyan in a decree.

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Asian Markets Mostly Up, Trump Comment Eases Trade Worries

Most Asian markets rose Tuesday as investors were cheered by Donald Trump's belief the US and China could reach a "great" trade deal, which helped ease concerns over a report he is preparing to lump tariffs on all Chinese goods.

Investors started the day on a nervous note after Bloomberg News said the White House is lining up fresh levies if talks between Trump and Chinese President Xi Jinping at a G20 meeting next month are unsuccessful.

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Saudi Offers Yemen Fuel Aid as Economy Sags

A Saudi oil tanker carrying the first batch of petroleum products worth $60 million arrived at Yemen's Aden port Monday, to help power electricity stations and prop up the war-torn country's sagging economy, officials said.

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Britain Eyes Higher Growth in Brexit Year

Britain on Monday ramped up its economic growth outlook for next year, when the country will exit the European Union, in an upbeat budget that vowed to boost spending after a decade of painful austerity.

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Erdogan Opens New Istanbul Airport, Planned to be World's Largest

Turkish President Recep Tayyip Erdogan on Monday opened Istanbul's new international airport, which his government says will eventually become the world's largest.

"The new airport will be the pride of our country and an example to the world," Erdogan said at a lavish opening ceremony featuring several heads of state.

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Japan, India Agree New Defense and Economic Projects

Japan and India agreed Monday to upgrade diplomatic and military ties, with Tokyo also offering low-interest loans as the two countries seek closer ties to balance China's weight in the region.

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Britain Readies Last Annual Budget before Brexit

The British government will Monday unveil its final budget before leaving the European Union and is widely expected to loosen the purse strings but it has also warned that a chaotic "no deal" Brexit could force it to change tack.

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Washington Embraces Cash-Free Living -- but at What Cost?

As the U.S. capital traded stifling summer heat for cool autumn breezes, signs began appearing at bus stops, asking Washington commuters: what do you think about buses going cash-free?

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Pakistan's 'Penniless Billionaires' Expose Money Laundering Frenzy

It took rickshaw driver Mohammad Rasheed a year to save 300 rupees to buy his daughter a bike, so when he found three billion rupees ($22.5 million) had passed through an unused bank account in his name, he was stunned ... and scared.

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