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Yemen central bank crisis raises new famine fears

  Reuters Intensive care wards in Yemen’s hospitals are filled with emaciated children hooked up to monitors and drips – victims of food shortages that could get even worse due to a reorganisation of the central bank that is worrying importers. With food ships finding it hard to get into Yemen’s ports due to a virtual blockade by the Saudi-led ...

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Iran denies power plant deal with MECI for 370MW

  Bloomberg Iran’s top renewable-energy authority denied that it’s signed any agreement covering electricity generation projects with a Swiss developer that has said it obtained power-purchase agreements for 370 megawatts of installations. The Renewable Energy Organization of Iran, which is known as Suna, hasn’t signed any deal with MECI Group International, said Jafar Mohamadnejad Sigaroudi, the deputy in charge of ...

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Brexit won’t impact Asia much: WB

  Singapore / AFP Britain’s shock decision to leave the European Union will not be as damaging to developing Asia’s economies as feared, the World Bank said Wednesday as it increased its growth forecast for the region this year. Countries in the Mekong region led by Myanmar are projected to expand at the fastest pace in the next three years, ...

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