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Philippines says fight with IS militants nearing end

Bloomberg Philippine forces said they’re in control of most of Marawi, the southern city where almost 100 people were killed and 60,000 displaced following clashes in the past week between the military and Muslim extremists linked to IS. “Our ground commanders have assured that the end is almost there,” Brigadier General Restituto Padilla said in a televised briefing in Manila ...

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Macron hosts Putin as Merkel insists Europe must assert itself

Bloomberg French President Emmanuel Macron was expected to give Russia’s Vladimir Putin a tour of the royal palace at Versailles near Paris on Monday, following up his debut at the Group of Seven meeting last week. On their first encounter, the two leaders have a range of tricky topics to discuss, including what Macron called Russia’s “invasion” of Ukraine and ...

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Reliance extends tumble on concerns over debt

Bloomberg Shares and bonds of billionaire Anil Ambani’s Reliance Communications Ltd. tumbled, extending their declines from last week, amid mounting concerns about the Indian phone carrier’s debts. The stock plunged as much as 24 percent, hitting an intra-day record low of 19.70 rupees, in Mumbai trading on Monday and was the day’s worst performer on S&P BSE500 index. Shares of ...

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