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Tropical Storm Gordon to strike US Gulf Coast as hurricane

Bloomberg Tropical Storm Gordon will grow into a hurricane as it grazes offshore natural gas and oil fields, where it has already sparked evacuations, before coming ashore over the lower Mississippi Valley later on Tuesday or early Wednesday. Gordon, with top winds of 65 miles (100 kilometres) per hour, was about 230 miles east-southeast of the mouth of Mississippi River, ...

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Argentina needs IMF help to contain currency crisis

When they discuss the currency crisis, senior officials from Argentina and the International Monetary Fund (IMF) will seek a response that strikes a balance between domestic policy changes and external financing aid, a task that has been complicated by political and trust issues. While Argentina is almost certain to get some concessions from the IMF, a decisive solution will be ...

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Vodafone Hutchison’s ‘debt trick’

Aren’t the strong meant to end up eating the weak? That’s not what’s happening in Australia, where Vodafone Hutchison Australia Ltd. or VHA — an unlisted company with negative net assets and A$7.57 billion of net debt at the end of 2017 — is on paper carrying out a takeover of TPG Telecom Ltd. While the deal is billed as ...

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