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Soldiers, militants clash in Philippines, 8 killed

Bloomberg At least eight people were killed and more than a dozen injured when soldiers clashed with IS-inspired militants in southern Philippine province of Sulu. A heavy firefight started on Saturday morning and lasted for nearly two hours between members of a scout ranger battalion and at least 150 members of the Abu Sayyaf group headed by Hatib Hajan Sawadjaan ...

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6.1-magnitude quake hits western Indonesia

Bloomberg An earthquake with magnitude 6.1 on the Richter scale hit western Indonesia on Saturday, though Xinhua reported that officials see no risk of a tsunami. The epicenter was 166 kilometers south-south-east of Muara Siberut in Indonesia, the United States Geological Survey said. The quake had a depth of 10 kilometers. The main shock struck at 4.27 pm local time ...

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Modi flicks populist switch as tight India election nears

Bloomberg Prime Minister Narendra Modi has unleashed a populist election-year budget designed to shore up support ahead of national polls, but it may have come too late to dampen criticism of his government’s inability to create millions of jobs. The budget contained $13 billion worth of measures including payouts for farmers, a pension program for informal sector workers and tax ...

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