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US agencies bicker over ethanol plan as higher fuel use looms

Bloomberg President Donald Trump’s pledge to his rural agricultural base to allow year-round sales of higher blends of ethanol is spurring differing opinions between two key federal agencies. US Agriculture Secretary Sonny Perdue told lawmakers in a House hearing that a final rule to allow widespread sales of those higher blends “won’t happen” by the summer-driving season following delays from ...

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It made sense for Trump to walk away in Hanoi

With the abrupt breakdown of the Hanoi summit, the diplomatic negotiations between the United States and North Korea got a reset, and that’s a good thing. If dialogue resumes, it will be on a firmer, more realistic basis. President Trump’s swoon for North Korean leader Kim Jong Un had worried many observers who feared the president would make a rushed, ...

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S Korea’s economy is alive but not well

Send out a search party for South Korea’s economy. Domestic activity is in a tough spot, but the Bank of Korea seems preoccupied with second-guessing the Federal Reserve and parsing any trade accord between the US and China. The central bank kept its benchmark interest rate at 1.75 percent on February 28, a non-step that was widely forecast. The flaw ...

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