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Macedonia votes hoping to end protracted political crisis

  Skopje / AFP Macedonians were voting on Sunday in an early general election in a bid to end a deep political crisis that has roiled the small Balkan country for nearly two years. The vote was called as part of a European Union-brokered deal between Macedonia’s four main political parties after a mass surveillance scandal erupted in February 2015 and ...

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Saudi, Qatar gain after deal with non-OPEC producers

  DUBAI / Reuters Stock markets in Saudi Arabia and Qatar posted broad-based gains on Sunday after OPEC and non-OPEC oil producers a day earlier reached their first deal since 2001 to curtail oil output jointly in a drive to prop up prices. It is not clear whether oil prices can rise much further in response to the deal, and ...

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Speediest traders become less welcome in currency markets

  Bloomberg The most aggressive high-frequency currency traders are showing signs of losing steam, suggesting platforms have succeeded at thwarting some speedy strategies. Electronic specialists are making waves by eclipsing major banks in foreign-exchange trading. But some strategies — focused on fast execution and short-term arbitrage — have reached a “saturation point,” according to the Bank for International Settlements. At ...

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