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Argentine auto production seen holding steady or dropping in 2016

Reuters Argentina’s auto production will hold steady or drop slightly this year as sales are hit by the steep recession in main trading partner Brazil, the ADEFA association of vehicle makers said on Saturday. “The external situation will remain complicated,” the president of ADEFA, Enrique Alemany, said in a statement published online. “There are no prospects for a Brazilian recovery.” ...

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UN body says Latin American economies to contract 0.6 pct in 2016

Reuters A United Nations body has cut its modest economic growth projection for Latin America in 2016 and is now forecasting an average contraction in regional gross domestic product of 0.6 percent. The Santiago-based Economic Commission for Latin American and the Caribbean, citing low commodities prices and financial market volatility, cut its prior call for 0.2 percent average economic growth ...

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California to expand paid family leave for new parents

Reuters California will increase the amount of money new parents can receive through the state’s paid family leave program under a bill to be signed on Monday by Democratic Governor Jerry Brown. The measure, passed last month by the state legislature, would increase the amount paid to new parents or people caring for a sick family member to as much ...

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Puerto Rico declares emergency period for development bank

Bloomberg Puerto Rico Governor Alejandro Garcia Padilla signed an executive order declaring an emergency period for its Government Development Bank to help keep it operating, while declining to halt or suspend its debt obligations. The Development Bank, which lends to the U.S. commonwealth and its municipalities and is running out of cash, faces a $422 million principal and interest payment ...

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Syria ceasefire ‘about to collapse’: Opposition

Paris / AFP The ceasefire in Syria “is about to collapse,” an official from the opposition said in an interview published on Sunday, just days before the resumption of peace talks in Geneva. “Over the last 10 days we have seen a very serious deterioration and the ceasefire is about to collapse,” BassmaKodmani, a member of the High Negotiations Committee ...

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Fierce fighting kills 35 around Syria’s Aleppo

Beirut / AFP Clashes around Syria’s second city Aleppo have killed at least 16 pro-regime fighters and 19 members of Al-Qaeda’s affiliate and allied rebel groups within a 24-hour period, a monitor said on Sunday. “Fierce fighting raged past midnight (Sunday) on several fronts in the south of Aleppo province,” said the Syrian Observatory for Human Rights. Lebanese Shiite Hezbollah ...

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Militants kill 18 Philippine soldiers

Philippines / AFP A Philippine offensive against the extremist Abu Sayyaf group after a spate of kidnappings has left 18 soldiers and five fighters dead in the worst violence in the troubled south this year, authorities said on Sunday. Saturday’s clashes on the strife-torn island of Basilan came after an April 8 ransom deadline set by Abu Sayyaf, who had ...

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Taiwanese rally for death penalty after child’s beheading

Taipei / AFP Hundreds of Taiwanese rallied on Sunday to show support for retaining the death penalty, after the beheading of a child in a street attack shocked the island. Demonstrators dressed in black and held white roses in mourning for the four-year-old girl murdered on March 28 near a Taipei metro station. Many wore stickers reading “Death penalty is ...

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