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Mexico’s Amlo halt of oil auctions challenged

Bloomberg Mexico’s Finance Minister Arturo Herrera said the country should debate how to exploit its deep-water hydrocarbon riches, in an apparent challenge to President Andres Manuel Lopez Obrador’s decision to suspend the private oil auctions to explore these deposits. “We need to have a profound discussion about what we are going to do with deep water, because in deep water, ...

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GM strike ripples across economy raising fears of new recession

Bloomberg Here in the heart of America’s car industry, car parts have nowhere to go. Eighty-five tractor trailers full of hoods, bumpers and other assorted parts sat, unloaded, in Lansing, Michigan, — more evidence of the cost of the General Motors (GM) strike that has shut down most of its North American plants and idled 46,000 workers. Soon to enter ...

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‘Facebook not responsible for policing internet’

Bloomberg Facebook Inc has made mistakes in controlling the use of its data and has improved its monitoring of fake news but can’t be expected to police the global internet, spokesman Nick Clegg said in an interview in El Pais. Facebook’s vice president of global affairs and communication said the technology company can identify and warn users that certain content ...

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