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Argentina, IMF to resume financial checkups tomorrow

  Buenos Aires / AFP An International Monetary Fund mission will go to Argentina to assess the state of the country’s economy, the government said. The economists, who will arrive Monday, aim to “gather information and exchange opinions with government officials, members of the private sector, members of Congress and civil organizations,” according to a statement from the Ministry of ...

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Brazil real rises as wage veto overshadows emerging-market rout

  Bloomberg Brazil’s real rose as positive sentiment generated by President Michel Temer’s veto of a wage increase for some public workers overcame a rout in emerging-market currencies. The real climbed 1.2 percent to 3.2629 per dollar in Sao Paulo, after earlier dropping by as much as 0.5 percent. The currency outperformed its Latin American peers— the Mexican peso was ...

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Chevron to narrow bids for $3bn Asian geothermal sale

  Bloomberg China General Nuclear Power Corp., the country’s biggest nuclear power operator, has been invited to make a second-round bid for Chevron Corp.’s Asian geothermal energy assets, which could fetch $3 billion, according to people with knowledge of the matter. Jakarta-based PT Medco Power Indonesia is considering joining a separate shortlisted consortium that includes Japanese trading house Marubeni Corp. ...

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