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China publishes Global Development Report

China on Monday published a Global Development Report aimed at building a global community of development, according to the Center for International Knowledge on Develo

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Extreme poverty in Honduras forces many to migrate

02:47 According to the World Bank, Honduras has some of the highest levels of economic inequality in all of Latin America. Nearly two-thirds of Hondurans – or about 5.5 million people –

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Africa's COVID-19 caseload hits 2,511,368: Africa CDC

FILE PHOTO: A healthcare worker attends to a patient in Gauteng Province, South Africa, July 10, 2020. /VCG The number of COVID-19 infections in Africa have reached 2,511,368 with a death toll

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Pandemic hits dry-cleaning industry hard

03:35 Thepandemichas crippled thedry-cleaning business in the United States.Fewer people are wearing formal clothing to an office.So, the need for pressed clothes has declined, in most

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Maduro claims victory in parliamentary election

02:37 Venezuela’s President Maduro has claimed "a great victory" in the country's parliamentary elections.His ruling socialist party won 67% of the seats, above the two-thirds majority

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European auto market plunges 76.3% in April: Automakers

The logo of French car rental company Europcar is seen at Bordeaux Airport in Merignac, France, February 4, 2016. /Reuters Europe's auto market plunged further in April, with sales down by 76.

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U.S. personal spending plunged 7.5 pct in March amid COVID-19 shutdowns

U.S. personal consumption expenditures (PCE) plunged 7.5 percent in March month-on-month amid widespread shutdowns triggered by the COVID-19 outbreak, the U.S. Commerce

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U.S. GDP increases 2.3 pct in 2019, 2.1 pct in Q4

The slowdown in real GDP growth in 2019, compared to 2.9 percent in 2018, primarily reflected decelerations in nonresidential fixed investment and personal consumption expenditures and a downturn in

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Brazil's lower house green-lights presidential impeachment

The lower house of Brazil's parliament on Sunday evening gave the go-ahead for the impeachment proceedings against President Dilma Rousseff.

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Constitutional change advocates unlikely to secure two-thirds majority in Japan

The ruling Liberal Democratic Party and the two other parties which support easing the rules for constitutional amendments are unlikely to secure the two-thirds majority in the upper house required to change the rules, Kyodo News exit polls showed following Sunday's election.