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In Vietnam, discontent lurks under economic success

Bloomberg Vietnam boasts one of the world’s fastest-growing economies, optimistic citizens and a stable government. But below the surface of positive data points lies discontent that spilled over during recent protests across the country. Hundreds of anti-riot police blanketed central Ho Chi Minh City on June 17, the nation’s thriving commercial centre, to prevent demonstrations after thousands of Vietnamese took ...

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Saudi Arabian crude oil exports jump ahead of OPEC meeting

Bloomberg Saudi Arabia’s crude exports jumped in the first half of June, before the world’s largest oil exporter meets with other producer states to thrash out a collective production policy. Observed shipments from the country’s Persian Gulf and Red Sea ports averaged 7.388 million barrels a day during the first 15 days of June, compared with 7.145 million barrels a ...

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American utilities cut to negative in first as Moody’s warns of debt

Bloomberg For the first time ever, Moody’s Investors Service cut its outlook for US utilities to negative, warning that the sector’s debt levels have reached their highest since the financial crisis and may remain there for months. The sector’s consolidated debt-to-equity ratio has hit the highest level since 2008 as companies finance mergers, acquisitions and other investments in renewable energy ...

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