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Clinton, Sanders spar over trade, auto industry bailout

Bloomberg Democrats Hillary Clinton and Bernie Sanders agreed that Michigan’s Republican governor should leave office over the Flint water crisis, but clashed over their stances on corporate bailouts and trade deals, with Clinton saying the American auto industry would have collapsed if Sanders had succeeded in blocking its rescue. Clinton said in Sunday’s CNN presidential debate that Michigan’s two senators ...

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Colombia’s Ecopetrol reports losses of $1.2 bn in 2015

Bogota / AFP Colombian state-run oil concern Ecopetrol has reported losses of $1.23 billion (1.12 billion euros) in 2015, driven largely by low crude prices on the international market. Ecopetrol said in a statement that as a result of the losses it would not be handing out dividends to its shareholders. The company’s profits for 2015 “were affected principally by ...

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Streets of Brazil key to Rousseff’s future

Bloomberg Brazilian President Dilma Rousseff’s struggle for political survival is spilling into the streets, after the latest chapter in a sweeping corruption probe escalated tension in Latin America’s largest country. Following police questioning on Friday of Rousseff’s predecessor Luiz Inacio Lula da Silva into allegations of bribes for favors, friends and foes of the government have started to mobilize in ...

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