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UK Ties with China at Risk over Nuclear Plant Deal

Britain's decision to delay final approval for the Hinkley Point nuclear power plant risks cooling relations with economic powerhouse China under new prime minister Theresa May, analysts say.

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Egypt Wineries Struggle to Revive Derided Industry

Men and women harvest Merlot grapes under the scorching sun in one of Egypt's up-and-coming vineyards, as the Muslim-majority desert country strives to win over international wine connoisseurs.

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World Social Forum Moves to G7 Nation for the First Time

Anti-globalization activists will gather in Montreal Tuesday for the first World Social Forum (WSF) to be held in the northern hemisphere, hoping the location will provide fresh impetus for the movement.

A march through downtown Montreal is to kick off the event, which was first held in Brazil in 2001 seeking to promote alternatives to neoliberalism.

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Protesters Clash with Police near Iraq Oil Site

Hundreds of Iraqis from the southern district of Zubair clashed with security forces Sunday when they attempted to block a road leading to oil fields during a protest.

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Bitcoin not Money, Judge Rules in Victory for Backers

Bitcoin, a Florida judge says, is not real money. Ironically, that could provide a boost to use of the crypto-currency which has remained in the shadows of the financial system.

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Leading Russian Mobile Operator Leaves Troubled Uzbek Market

Major Russian mobile operator Mobile TeleSystems (MTS) has abandoned its stake in a lucrative joint venture in corruption-prone Uzbekistan, the Central Asian country's communications ministry said late on Friday.

The ministry's announcement, which the company also confirmed Friday, said the state-owned Center of Radio Communication, Broadcasting and Television had become "sole owner" of the pair's joint venture after MTS sold off its 50.01 percent stake.

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U.S. Adds 255,000 Jobs in July, Surpassing Expectations

The U.S. economy continued robust job creation in July, adding 255,000 jobs, largely surpassing analyst expectations, according to data released Friday by the Labor Department.

The unemployment rate remained unchanged from the month before at 4.9 percent.

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Royal Bank of Scotland Slumps into Second-Quarter Loss

Britain's state-rescued Royal Bank of Scotland tumbled into the red in the second quarter, after taking a large hit on litigation and conduct costs, it said Friday.

RBS made a net loss of £1.077 billion ($1.426 billion, 1.280 billion euros) in the three months to June 30, it said in a results statement. That contrasted with a profit after taxation of £280 million a year earlier.

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Amid Criticism, World Bank Adopts New Social, Environmental Framework

The World Bank on Thursday adopted a new set of policies aimed at preventing its projects from harming people and the environment.

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Shifting from Russia, Ukraine Strikes U.S. Nuclear Fuel Deal

Ukraine said Thursday it had reached an agreement with the U.S.-based electric giant Westinghouse to build a nuclear fuel production unit that would help reduce its reliance on Russia.

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