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Gunmen kidnap 17 in northern Afghanistan

  Kabul / AFP Gunmen on Thursday kidnapped at least 17 people travelling in civilian vehicles in northern Afghanistan, officials said, in the second group abduction within a week, underscoring the worsening security situation in the country. The passengers, all minority Hazaras, were pulled out of their vehicles in Sancharak district in Sar-e-Pul province and taken to a remote area ...

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World food-import bill to drop below $1 trillion to 7-year low

  Bloomberg The world’s food-import bill is set to tumble to a seven-year low in 2016 as a decline in grain prices and lower freight rates more than compensate for increased imports, according to the United Nations. Countries around the globe will probably spend $986 million importing food this year, the first drop below $1 trillion since 2009, the UN’s ...

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Brazil’s industrial output rises in April

  Bloomberg Brazil’s industrial output unexpectedly rose in April, adding to indications that Latin America’s largest economy is close to hitting bottom. Production rose 0.1 percent in April after a 1.4 percent jump in March, the national statistics agency said on Thursday in Rio de Janeiro. That surprised all but one of the 37 economists surveyed by Bloomberg, whose median ...

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