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German SPD cites progress towards backing Merkel’s migration deal

Bloomberg Germany’s Social Democrats said they’re moving towards a possible deal with Chancellor Angela Merkel to back a policy shift on migration that avoided a breakup of her own party bloc. Differences remained after Merkel and her Bavarian sister party presented the updated refugee policy to the Social Democrats, her junior coalition partner, during a meeting in Berlin. The three ...

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Ivory Coast to appoint new govt after cabinet resigns

Bloomberg Ivory Coast Prime Minister Amadou Gon Coulibaly will appoint a new cabinet after the government resigned as the main political alliance is increasingly divided over the nomination of its candidate in 2020 presidential elections. Coulibaly was immediately reappointed to his post and has been asked to form a government with members of the ruling Rally of Houphouetists for Democracy ...

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Venezuela says China investing $250 million to boost oil output

Bloomberg Venezuela’s distressed oil sector may get some much needed financing from China, Finance Minister Simon Zerpa said after meetings with officials from China Development Bank and China National Petroleum Corporation. China Development Bank will invest more than $250 million to boost Venezuela oil production in the Orinoco Belt, Zerpa, who is currently in Beijing for bilateral talks, said in ...

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