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Argentina’s YPF set to resume crude exports after two years

  Bloomberg YPF SA is set to export crude oil from Argentina for the first time in two years next month, taking advantage of a new government subsidy. It was the state-controlled oil company’s first use of an incentive announced last month to spur drilling amid low oil prices. YPF sold 200,000 barrels of Escalante crude to PetroChina Co. as ...

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Venezuela orders 2-day work week in bid to save energy

  Bloomberg Venezuela declared a two-day work week for government workers and said it was seeking international help to save its power grid amid a drought that threatens the capital’s main source of electricity. The two-day work week, after the government added Wednesdays and Thursdays as non-working days to save more power, will last at least two weeks, President Nicolas ...

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Mexico unemployment falls to lowest in 8 yrs

  Bloomberg Mexico’s unemployment rate fell to the lowest in almost eight years in March, the latest sign of stronger growth in Latin America’s second-largest economy. The unemployment rate fell to 3.74 percent in non-seasonally adjusted terms, according to a report published on Wednesday by the nation’s statistics agency, known as Inegi. That was below the 3.9 percent median estimate ...

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