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UK prepares to ban drivers caught twice on their mobile phones

  Bloomberg Two strikes may soon mean a ban for drivers caught using their mobile phones in Britain. Prime Minister Theresa May’s government is preparing to double the penalties for motorists who break the law, with potential bans for those caught out twice, according to two people familiar with the matter. The use of mobile phones while driving contributed to ...

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Argentina, IMF to resume financial checkups tomorrow

  Buenos Aires / AFP An International Monetary Fund mission will go to Argentina to assess the state of the country’s economy, the government said. The economists, who will arrive Monday, aim to “gather information and exchange opinions with government officials, members of the private sector, members of Congress and civil organizations,” according to a statement from the Ministry of ...

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Brazil real rises as wage veto overshadows emerging-market rout

  Bloomberg Brazil’s real rose as positive sentiment generated by President Michel Temer’s veto of a wage increase for some public workers overcame a rout in emerging-market currencies. The real climbed 1.2 percent to 3.2629 per dollar in Sao Paulo, after earlier dropping by as much as 0.5 percent. The currency outperformed its Latin American peers— the Mexican peso was ...

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