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4 HOURS AGO - Business Insider

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Asia shares edge up, wary of China volatility

By Lisa TwaroniteTOKYO (Reuters) - Asian shares inched higher on Friday but were on track for a weekly loss, while the dollar edged away from highs scaled after U.S. GDP data reinforced expectations that the Federal Reserve is on track to raise interest rates this year.Investors kept a wary eye on China, where stocks dropped on Thursday after state media ...

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5 HOURS AGO - Business Insider

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Venezuela's currency woes are costing American companies a ton of money

BOSTON (Reuters) - Venezuela's currency woes cut nearly $3 billion in profit at U.S. blue-chip companies during the second quarter and prompted Procter & Gamble Co to remove its operations in the South American country from its consolidated financial reports. More so-called deconsolidation moves and exits from Venezuela are likely to happen during the second half of the year as ...

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5 HOURS AGO - Zero Hedge

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Does This Look Like An Accidental Relationship To You?

Submitted by Ben Hunt via Salient Partners Epsilon Theory blog, I figure not one Epsilon Theory reader in a thousand has seen “Suddenly, Last Summer”, but let me tell you … it’s got everything. Katherine Hepburn in a phenomenal performance as bizarro Aunt Vi. Elizabeth Taylor cavorting in the surf. Montgomery Clift. Lobotomies. Pedophilia. Cannibalism. Honestly, it’s kind of what ...

Tags: Does This Look Like An Accidental Relationship To You?,  Dollar Latest News

6 HOURS AGO - Yahoo! News

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China's Environmental Crisis: A Billion Dollar Opportunity

China is embarking on the most ambitious environmental reform program in history -- by necessity. China's environmental woes are nothing new, but they have hit an inflection point. Less than 40 percent of China's groundwater is safe for consumption. Only 16 of the 161 cities monitored met the national standards of urban air quality in 2014. ...

Tags: China's Environmental Crisis: A Billion Dollar Opportunity,  Dollar Latest News

6 HOURS AGO - Business Insider

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Large Mexican investors are turning their backs on the peso

On July 1, the Financial Times wondered just how low the Mexican peso could go, likening the ill-fated currency to a limbo dance: “Every month, it gets just that little bit lower.” In the 20 trading days since, the peso has experienced eight record daily lows, in itself a record, even for Mexico. Not since the peso-dollar floating exchange rate ...

Tags: Large Mexican investors are turning their backs on the peso,  Dollar Latest News