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Kenya may ink EU trade deal alone as Brexit spooks African neighbours

  Bloomberg Kenya may abandon 10 years of negotiating a trade deal with the EU as part of the regional East African Community bloc and go it alone, to avoid having duties of as much as 30 percent slapped on its exports from October. A so-called Economic Partnership Agreement between Kenya, Uganda, Tanzania, Rwanda and Burundi and the EU is ...

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Ruble climbs as Turkey drives flows to Russia

  BLOOMBERG The ruble extended last week’s rally as exporters bought the currency to pay local dividends and taxes, while some traders speculated that the coup attempt in Turkey will spur investors to seek alternatives in the Russian market. The currency increased 0.7 percent to 63.10 by 12:03 p.m. in Moscow, taking its gain this year to 17 percent, the ...

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Swiss get EU immigration vote do-over some Britons hope for

  Bloomberg The Swiss may have a trick up their sleeves for smoothing relations with their neighbours that the British don’t. The country of 8 million at the heart of Europe will get the chance to hold a second plebiscite on EU immigration, after a 2014 vote that jeopardizes its current arrangement with the bloc. That’s what some in the ...

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