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Egypt considers wheat storage program as Algeria waits in wings

  Bloomberg Egypt, the world’s largest wheat importer, is being asked to consider a wheat storage program offered by a U.S. company before Algeria gets a chance to grab the $250 million investment. Blumberg Grain expects to reach an agreement with Egypt in the next two weeks to expand its wheat storage network, according to a company statement issued Sunday. ...

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Qatar central bank offers bonds in first domestic riyal sale this year

  Reuters Qatar’s central bank is offering 3 billion riyals ($825 million) of government bonds in its first domestic bond sale this year, suggesting liquidity conditions are easing in a banking system pressured by low oil and gas prices. A central bank official said results of the offer would be known on Tuesday. If it succeeds, it would be the ...

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Japan’s economic growth fizzles out in Q2

  AFP Japan’s economy stagnated in the second quarter, data showed Monday, falling below expectations and rekindling worries about the government’s faltering bid to stoke a recovery. Growth in the world’s third largest economy was flat at 0.0 percent quarter-on-quarter, missing economists’ predictions for a 0.2 percent expansion in the April-June period as weak exports and a fall in business ...

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