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US court lets Trump travel ban go partially into effect

WASHINGTON / Reuters A US appeals court in California let President Donald Trump’s latest travel ban go partially into effect, ruling the government can bar entry of people from six Mus- lim-majority countries with no connections to the United States. A three-judge panel of the San Francisco-based 9th US Circuit Court of Appeals partially granted a Trump administration request to ...

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Iran ends earthquake rescue works as death toll rises to 530

ANKARA / Reuters Iranian officials called off rescue operations, saying there was little chance of finding more survivors from the earthquake that shook parts of western Iran on Sunday, killing at least 530 people, media said on Tuesday. Survivors, many left homeless by the 7.3 magnitude earthquake that struck villages and towns in a mountainous area bordering Iraq, battled overnight ...

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Brazil plans cabinet shuffle as ally heads to exit

Bloomberg Brazilian President Michel Temer is planning a cabinet shakeup to rebuild support for his proposed pension overhaul after the largest ally moved closer to abandoning his government. Cities Minister Bruno Araujo, from the Brazilian Social Democracy Party, or PSDB, handed in his resignation, citing the lack of party support as the reason for his departure. Temer himself considers the ...

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UK lawmakers to face stark choice to vote on Brexit

Bloomberg UK lawmakers will get a take-it-or-leave-it vote on the final Brexit deal, with their choices limited to accepting the agreement or voting for a chaotic crashing out of the block. And if the government fails to reach a deal, the UK will leave without consulting Parliament, Brexit Secretary David Davis said. The twin announcements provoked jeers in Parliament as ...

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Dual-nationality crisis claims eighth Australian lawmaker

Bloomberg A dual-citizenship crisis roiling Australian politics has claimed its eighth lawmaker, with independent Senator Jacqui Lambie resigning after revealing she contravened the constitution. “I probably should have been a bit smarter and checked that citizenship stuff,” Lambie, 46, told reporters in Canberra after it was confirmed she inherited British citizenship from her Scottish-born father. “I don’t know who feels ...

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Surprise! Obamacare enrollment is rising

Donald Trump wants Obamacare to implode. That’s not a mischievous inference from his legislative misadventures; that’s a direct quote. “As I said from the beginning, let ObamaCare implode, then deal. Watch!” It’s thus somewhat surprising that on his watch, enrollment currently seems to be on track for its best year ever. In the first four days, 601,462 people signed up ...

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Singapore’s property boom is missing a key ingredient

Singapore’s housing market is ticking all the right boxes for revival. Except one. Private residential prices are up, quarter on quarter, after almost four years of continuous declines. Land prices are rising, both in government tenders and in bids to redevelop old condos — an activity known as en bloc sales that has picked up to the point where it’s ...

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Hail Masayoshi, fearless veterinarian for unicorns

A week ago, SoftBank Group Corp.’s Masayoshi Son was talking about walking away from his planned Uber investment. Son said he may instead invest in Uber Technologies Inc.’s biggest rival, Lyft Inc. If both stocks were publicly traded, one could imagine Uber plummeting, and Lyft rising. Most people saw those comments for what they were: a negotiating ploy by Son ...

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Big banks need to know what they’re doing

“Know thyself,” goes the Delphic maxim. You might think it superfluous advice for the world’s biggest banks — that the executives responsible for global finance would insist on a complete picture of the risks they’re running. Yet the crash almost a decade ago showed they didn’t know enough. And even now, their investment in self-awareness falls short. When financial markets ...

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It’s finally time to make the Pacific a bit bigger

As President Trump prepared to wrap up his 12-day trip to Asia on November 13, ears in local capitals have picked up a subtle but unmistakable change in messaging from the US administration. The shift focuses on an apparently innocuous term: ‘the Indo-Pacific.’ US national security adviser H.R. McMaster introduced the president’s itinerary to reporters as “a great opportunity to ...

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