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Trump’s Secretary of State pick gets climate change

  If Richard Nixon could go to China, can Rex Tillerson save Paris? It is but one of many questions, some more answerable than others, about President-elect Donald Trump’s choice for secretary of state. Unlike the president-elect, Tillerson, the chief executive officer of Exxon Mobil Corp., supports both the global climate-change accord forged in Paris last year and a carbon ...

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Cash chaos pushes Venezuela to the brink

  President Nicolas Maduro’s announcement that all 100-bolivar notes were being called in by the government to combat the hoarding of currency shocked Venezuelans. The largest denomination of country’s crippled currency was pulled from circulation before it was replaced by the new, larger-denomination bills. It led to chaos and confusions. Frustrated people thronged banks and ATMs to deposit the bills. ...

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Non-oil sectors to reduce impact of decline in oil prices

  Abu Dhabi / WAM Due to the dramatic drop in oil prices in 2014, the decline in the emirate’s growth expectations is inevitable, but such decline is expected to be mitigated by the contribution of non-petroleum commodities sectors which will reduce the impact of the decline in oil prices, according to the 2nd Abu Dhabi Competitiveness Report 2016, issued by ...

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