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Crude extends longest quarterly rally in a decade

Bloomberg Oil extended gains in London after the longest quarterly rally in a decade as a slowdown in American drilling added to concern that supply losses around the world will lead to a tight market. Brent crude rose as much as 0.7 percent, after front-month futures climbed for a fifth straight quarter. As concerns over a global crunch due to ...

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Bahrain credit risk falls to 5-month low

Bloomberg Bahrain’s credit risk declined to the lowest level in five months on optimism the nation’s neighbours will soon come to the island-state’s rescue with an aid package. The cost of insuring Bahrain’s debt against default fell 34 basis points last week on relief that Saudi Arabia, the United Arab Emirates and Kuwait were said to be considering a $10 ...

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Battle over the name Macedonia rages after weak vote turnout

Bloomberg The Republic of Macedonia’s leader threatened to call snap elections next month if he fails to win support to change his country’s name after voters backed him in a referendum clouded by low turnout. The conflicted outcome of plebiscite sets the stage for a bruising battle ahead for Prime Minister Zoran Zaev, who’s pushing to settle a 27-year-old row ...

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