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Mongolia president vote heads for run-off

Bloomberg The party overseeing Mongolia’s economic recovery plan was dealt a setback after its presidential candidate finished second behind a populist businessman promising stricter controls over mineral resources. Democratic Party candidate Battulga Khaltmaa, a former cabinet minister, received 38.1 percent of the vote, securing an unprecedented run-off election against Parliament Speaker Enkhbold Miyegombo, according to the General Election Commission. Enkhbold, ...

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Global image of US plummets under Trump, shows Pew

Bloomberg Donald Trump has been U.S. president for less than six months but it’s been enough time to send opinions of American leadership plunging. According to a Pew Research Center public survey of 37 countries, a median of just 22 percent of respondents have confidence in Trump to do the right thing in international matters, compared with 64 percent at ...

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Perils of over-lending in United States

Among the many things it does, the federal government is one of the nation’s largest lenders. It lends to farmers, homeowners, students, small businesses, exporters and rural electric utilities, among others. Altogether, there are more than 100 loan programs administered by 20 agencies overseeing lending worth $3.4 trillion in fiscal 2015, up from $1.5 trillion in 2007. These fascinating figures ...

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