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Economy

Soros to invest $500 million to help refugees and migrants

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Soros, who chairs the Open Society Institute, made the announcement Tuesday, following the first-ever U.N. summit on migrants and refugees and ahead of a meeting chaired by President Barack Obama to spur pledges to help the world’s 65.3 million displaced people. “Our goal is to harness the private sector for ...

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Lebanon bank dollar liquidity down: Citi

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A new report by Citigroup said that the amount of U.S. dollars at Lebanese banks has dropped by at least $2.5 billion due to the recent purchase of government eurobonds by the local lenders. “Bank U.S. dollar liquidity has fallen as a result of the cash purchase of eurobonds by ...

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Banks are forgetting their social function

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It is not only commercial banks that are creating problems (Communities count cost as high street banks vanish, 22 August). I act as treasurer to a small sports club and have, at the end of the summer, hundreds of pounds in match fees to bank in small change. Having changed ...

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deadly attack has Bangladesh clothing industry on edge

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Nothing has stopped Shirin Begum from going to work every day at a garment factory for more than 10 years – but last month’s deadly attack by Islamic militants in the capital, Dhaka, could change that. She walked to work in Dhaka even during Bangladesh’s never-ending general strikes, political violence ...

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New trials for delivering goods by drones

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The government’s getting together with the retail giant Amazon to start testing flying drones that can deliver parcels to your door. Amazon’s paying for the programme, which will look at the best way to allow hundreds of robotic aircraft to buzz around Britain’s skies safely. The company claims it’ll eventually ...

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Asia stocks surge as fallout from Paris attacks recedes

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تشرين الثاني 17, 2015 TOKYO- Asian stocks rose across the board on Tuesday following a surge on Wall Street overnight as investors clawed back losses that came on the back of last week’s Paris attacks. Meanwhile, expectations for a December rate hike by the Federal Reserve also kept the dollar on ...

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