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Refugee crisis strains Germany’s ambition to slash pollution

Bloomberg Environment Minister Barbara Hendricks said Germany’s decision to admit more than 1.1 million refugees within the last year is likely to strain the government’s target to cut greenhouse gas pollution. The minister in Chancellor Angela Merkel’s cabinet who also oversees housing asked for 3.9 billion euros ($4.4 billion) in additional spending through 2020 to build homes for asylum seekers. ...

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Ukraine peace plan far from fulfilled one year on

Bloomberg Germany said there’s little progress in fulfilling a peace deal for Ukraine signed a year ago and called on the parties to the conflict to step up efforts after four- nation talks with Ukraine, Russia and France. While the intensity of fighting has declined, “we are still quite far off from implementing” the accord, said Foreign Minister Frank-Walter Steinmeier ...

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Argentina asks USA Judge to drop block on its debt payments

Bloomberg Argentina’s new administration wasted little time trying to end US court orders barring the country from paying holders of its restructured debt, as it seeks to set aside its status as a credit-market pariah after 15 years. Representatives of newly seated President Mauricio Macri, after reaching a settlement with some holdout creditors, is urging US District Judge Thomas Griesa ...

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