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President warns to raise taxes on farm exports in Argentina

Bloomberg President Alberto Fernandez of Argentina, one of the world’s powerhouse food suppliers, is threatening farmers with a tax hike or quota for exports as he seeks relief for families grappling with inflation that’s forecast to reach 47% this year. If the farm industry continues to sell food at home for the same prices at which it exports, the government ...

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France raises aid for pharma industry

Bloomberg The French government said it will provide another 300 million euros for projects to quickly increase the production of vaccines and treatments for Covid, extending its previous pledges of state aid for the pharmaceutical sector. Last year, the French government picked 17 projects for a total of 160 million euros of aid covering both mature and innovative medicines. Those ...

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US can return to full employment next year: Yellen

Bloomberg Treasury Secretary Janet Yellen said the US can return to full employment in 2022 if it enacts a robust enough coronavirus stimulus package, but otherwise risks a slower rebound in jobs and the economy. “I’m afraid that the job market is stalling,” she said on CBS’s “Face the Nation,” in one of two interviews. Yellen said that low-wage earners, ...

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