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U.S. Firms 'Increasingly Unwelcome' in China

US firms feel increasingly unwelcome in China, top American officials said Tuesday, as disagreements overshadowed an annual dialogue in Beijing.

The comments came as a survey of European firms said China's slowing growth was matched by an "increasingly hostile," business environment.

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Food Handouts Prompt Row in Shortage-hit Venezuela

Venezuelans facing severe food shortages might have been expected to welcome heavily subsidized bags of rice, milk and other staples -- but the controversy didn't take long to set in.

The bags, distributed to poor families every three weeks, represent President Nicolas Maduro's latest plan to combat the increasingly desperate economic crisis that has taken hold of oil giant Venezuela as crude prices have collapsed over the past two years.

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India's Central Bank Holds Interest Rates

India's central bank on Tuesday held its key interest rate at a five-year low, citing inflationary fears in the world's fastest-growing major economy ahead of the imminent monsoon rains.

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First Qatar World Cup Contract for Indian Firm

Indian engineering and construction giant, Larsen & Toubro, has won the country's first contract to build a venue for the 2022 World Cup in Qatar, organizers announced on Monday.

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France Tries to Resolve Transport Woes before Euro 2016

French rail unions held make-or-break talks with employers Monday to try to end a six-day strike that threatens to disrupt the Euro 2016 football championships already clouded by security fears.

Tensions were raised on Monday as Ukraine's intelligence service said it had arrested a Frenchman who was allegedly planning to stage 15 attacks before and during the tournament.

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Saudi Economic Diversification Plan Finalised

Saudi officials have finalized a detailed plan to diversify the kingdom's economy away from oil and have sent it for cabinet approval, official media said on Monday.

The National Transformation Program (NTP) will elaborate upon Vision 2030, an 84-page document released in April by Deputy Crown Prince Mohammed bin Salman, 30, who is leading the reform charge.

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Oil Prices Boosted by Dollar Slump

Oil prices pushed higher Monday thanks to a softer dollar after last week's disappointing US jobs report, but gains were limited as producers increased their rig count.

The US Labor Department said Friday that just 38,000 new jobs were created last month, a quarter of what was expected.

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Modi Hails 'New Era' between India and Qatar

India's Prime Minister Narendra Modi on Sunday claimed a "new era of friendship" between his country and Qatar on a two-day trip to the emirate.

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Swiss Say 'No Thanks' to Basic Income for All

Swiss voters were on course Sunday to flatly reject a radical proposal to provide the entire population with a basic income, no work required, initial results and projections showed.

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Nearly 60% of Qatar Population Live in 'Labor Camps'

Almost 60 percent of Qatar's 2.4 million population live in what the government calls "labor camps," figures from an April 2015 census showed Sunday, highlighting the issue of the emirate's huge migrant workforce.

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