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Mali’s president heads for 2nd term in poll rematch

Bloomberg Voters in Mali were expected to decide on Sunday whether President Ibrahim Boubacar Keita wins a second mandate even as criticism mounts over his failure to tackle a rising tide of extremism violence. Known as IBK, 73-year-old Keita won the first round of presidential elections on July 29 with 41 percent of the votes, securing a comfortably large margin ...

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Iranians launch campaign to shed light on nepotism

Bloomberg Iranians bracing for tougher times now that the US has renewed sanctions are taking a jab at officials over government spending and nepotism. A social media campaign under the hashtag #where_is_your_kid? is asking officials to explain privileges their families enjoy. The campaign, launched last week, was prompted by photos that circulated online showing some of the officials’ children wearing ...

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10-year high in ‘US inflation’ less exciting under hood

Bloomberg US inflation in July, excluding noisy food and energy prices, was the highest since 2008 at 2.4 percent. A closer look suggests there probably isn’t much cause for concern at the Federal Reserve. Excluding shelter costs, US services inflation edged down last month. Central bankers pay close attention to services inflation because it correlates more closely with domestic labour ...

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