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Colombian strike sends arabica-robusta spread to 17-month high

  Bloomberg A trucker’s strike delaying coffee exports from Colombia and the stronger Brazilian real have widened the price gap between arabica and robusta beans to the most in 17 months. Shipments from Colombia, the second-largest producer of arabica, may fall 50 percent this month as truckers block roads and prevent beans from reaching the ports, said Carlos Ignacio Rojas, ...

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Turkey moves to calm investors after quashing coup attempt

  BLOOMBERG The Turkish government moved swiftly to calm investors before financial markets reopen on Monday after a failed coup, with the central bank promising unlimited liquidity to lenders and the deputy prime minister posting on Twitter that there’s “no need to worry.” Turkey’s lira plunged the most against the dollar in eight years on Friday as tanks rolled through ...

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World touring solar plane’s final leg to UAE delayed

  Cairo / AFP The final leg of an unprecedented world tour by a solar-powered plane was postponed due to the pilot’s health, he said in a message on Twitter. The Solar Impulse 2 had been scheduled to leave Cairo for Abu Dhabi. “I’m sick. Stomach upset. I prefer to postpone the take-off @solarimpulse. I cannot go flying for 48 ...

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