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Despite corn and soybeans’ pile-up, US farmers plant more

Bloomberg Illinois farmer David Erickson admits that what he and many U.S. farmers are about to do doesn’t seem to make much sense. With bulging stockpiles of corn and soybeans left over from last year’s harvest, they’re planting more in 2016 — even though the crops probably won’t be profitable. “It’s hard to get your head around the idea of ...

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Rousseff’s power gets jolt as ally abandons Brazil government

Bloomberg A move by Brazil’s largest party to depart from the ruling coalition further weakened the government and raised the odds that President Dilma Rousseff will lose the impeachment vote. The latest blow capped a month in which the least popular president in decades faced a wave of massive protests, fought accusations that she tried to obstruct a corruption probe, ...

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Russia running ‘shadow government’ for east Ukraine

Berlin / AFP Russia is running a “shadow government” in rebel-held territories of eastern Ukraine under the control of the FSB intelligence service, German daily Bild reported on Wednesday, citing minutes from an official commission. The report said that basic administrative functions of the cities of Donetsk and Lugansk are being run by six working groups at five Russian ministries. ...

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