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How world’s fastest-growing economy went bust

  Not so long ago, Mongolia was the world’s fastest-growing economy. Now, by nearly every metric, it’s in a dire fix. Its debt has surged, its currency has plummeted, and its budget deficit has widened alarmingly. Foreign investment has dried up and economic growth all but ceased. Even the poor antelope are beset by plague. Making matters worse, some staggering ...

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Legal setbacks to Trump travel ban mount

  In yet another setback to Trump travel ban, a federal judge has granted a preliminary injunction barring the Trump administration from implementing its travel ban in Virginia. It adds to the already existing judicial ruling in place challenging the ban’s constitutionality. Trump issued an executive order in January barring people from seven predominantly Muslim countries from US for 90 ...

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India coal deal may prove a truckload of dying embers

  Fancy a truckload of the world’s biggest coal miner? New Delhi is planning to sell a 10 percent stake in Coal India Ltd., the Economic Times reported, without saying where it got the information. Such a deal could be worth about 197 billion rupees ($2.9 billion) at current market prices, and would reduce the government’s share in the company ...

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