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Turkey Inflation Surges to 15-Year High in August

Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and coming after the Turkish lira dramatically weakened against the US dollar last month. 

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Japan to Halt Iran Oil Imports under US Pressure, Reports Say

Japan's major oil wholesalers are preparing to suspend crude oil imports from Iran in October, amid fears Washington will sanction countries importing Iranian crude, local media reported.

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Turkey Calls U.S. 'Wild Wolves', Vows to Abandon Dollar in Trade

Turkish President Recep Tayyip Erdogan on Sunday vowed Ankara would pursue non-dollar transactions in trade with Russia and other countries, accusing the U.S. of behaving like "wild wolves."

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As Cabinet Formation Drags, Lebanon Risks Economic Tailspin

Despite three months of wrangling, Prime Minister-designate Saad Hariri has been unable to form a new cabinet, which threatens to paralyze the country's institutions and launch its already-frail economy into a dangerous tailspin.

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Report: Trump Says EU Bid to End Auto Tariffs 'Not Good Enough'

President Donald Trump on Thursday reportedly rejected as "not good enough" a European Union proposal scrapping tariffs on automobiles, a move which threatens to amplify a simmering trans-Atlantic trade dispute.

Just hours earlier, the EU Trade Commissioner Cecilia Malmstroem had said the bloc was "willing to bring down... our car tariffs to zero" provided that the United States did the same.

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U.S. Says Canada Has Made 'No Concessions on Agriculture' in NAFTA Talks

Canada has not compromised on a key sticking point in talks with the United States on the rewrite of the North American Free Trade Agreement, a U.S. official said Friday.

As the fourth and final day of negotiations got underway between Canada's Foreign Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer, Canada's managed dairy market remained a roadblock.

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Canada Economy Grew 2.9% in Second Quarter

Canada's economy grew at an annual rate of 2.9 percent in the second quarter, lifted by a rise in exports and services, the national statistical agency said Thursday.

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In Kenya, British PM Promises Post-Brexit Trade Continuity

British Prime Minister Theresa May held talks with Kenya's President Uhuru Kenyatta in Nairobi on Thursday, promising post-Brexit trade continuity on the final leg of her three-nation tour of Africa.

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EU Ready to Scrap Auto Tariffs with U.S.

The European Union is prepared to scrap tariffs on cars with the United States in its proposed trade deal with Washington, EU Trade Commissioner Cecilia Malmstrom said Thursday.

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PetroChina's Profits Double as Oil Prices Soar

China's biggest oil producer PetroChina said Thursday its net profit more than doubled in the first half of the year as global crude prices soared.

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