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Takata recall could hit million more cars in USA

Washington / AFP Tens of millions of additional cars in the US alone could be recalled over Takata’s potentially defective airbags, which have been linked to several deaths, the US auto safety regulator said on Monday. The National Highway Traffic Safety Administration said in a statement that it continues to investigate the dangers in Takata’s airbags equipped with ammonium nitrate-based ...

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Jamaica’s austerity on test in national vote

Bloomberg Jamaica is showing signs of revival after a lost decade of economic contraction and increase in poverty rates. In an election on Thursday, voters must decide whether they can stand several more years of the austerity the government says has underpinned the country’s recent turnaround. Since restructuring $9 billion of debt in 2013, the administration of Prime Minister Portia ...

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Fraga sees Brazil suffering new lost decade in just 3 years

Rio De Janeiro / Bloomberg Brazil’s economy faces a prolonged rout with no recovery in sight, as political uncertainty weighs on investor confidence and structural reforms show no sign of gaining traction, according to fund manager and former central bank chief Arminio Fraga. Even if President Dilma Rousseff survives attempts to remove her from office, she will be too weak ...

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