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The cost of Cambodia’s progress

When Ieng Ty first stepped onto Otres beach in southern Cambodia, it was empty. He stood for a while, looking over translucent green waters to the hazy blue sky. Behind him, scrubby trees swayed in the firm breeze. An upsetting memory surfaced and, for a second, the surf sounded like the raspy breath of those people he’d seen starve in ...

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China industrial output, retail sales slow as property gains

BEIJING/ Bloomberg China’s industrial production and retail sales both slowed in the first two months of the year, highlighting the pressure leaders will face to meet this year’s annual growth target even as the central bank governor said major stimulus wasn’t needed. Industrial output rose 5.4 percent from a year earlier in January and February, the National Bureau of Statistics ...

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Nestle recall in US jolt for convenience meal revamp

Bloomberg Nestle SA recalled 12 types of products under the DiGiorno, Lean Cuisine and Stouffer’s brands in the US because they may contain small pieces of glass, a setback for brands that the Swiss food company has been trying to revitalise. No injuries have been reported, according to the Vevey, Switzerland-based company, which announced the recall of a “limited” number ...

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