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Rebuilding America: Electric Vehicles

03:34 The Biden administration has proposed spending $174 billion to boost the EV market.Are those investment numbers enough to shift U.S. drivers to go electric?What speed bumps lie ah

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Swedish Social Dems leader proposed as PM: parliament speaker

Sweden's parliament speaker on Monday proposed Social Democrat leader Stefan Lofven as prime minister.It came a week after Lofven resigned as prime minister on June 28 following a non-confidence vote

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CPC proposes change on Chinese president's term in Constitution

TheCommunistPartyofChinaCentralCommitteehasproposedtheremovaloftheexpressionthatthePresidentandVice-PresidentofthePeople'sRepublicofChina"shallservenomorethantw

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Richard Branson announces Hyperloop plan for India

VirginHyperloopOne,thefuturistictransportstartupbackedbyBritishtycoonRichardBranson,hasannouncedplansforasuperfastrailnetworklinkingIndia'sfinancialcapitalMumba

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EU probes Ray-Ban maker's merger with French firm

TheEUonTuesdaylaunchedanin-depthprobeintotheproposedmergerbetweenFrenchlens-makerEssilorandLuxottica,theItalianeyewearcompanythatproducesRay-BanandOakleysunglas

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19th CPC National Congress expected to take place October 18

TheCommunistPartyofChina(CPC)isexpectedtoholdits19thNationalCongressonOctober18.Thedateforthecongress,whichtakesplaceeveryfiveyears,wasproposedbytheCentralCommi

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Logitech proposes 10 percent dividend hike

Logitechhasproposedraisingitsdividendby10percentto0.62Swissfrancspershare,thecomputerperipheralsandmobilespeakermakersaidonThursday,afteritreporteditshighestlev

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Myanmar to rename peace center, appoint new mediator

Participants of Myanmar's Joint Monitoring Committee (JMC) for Ceasefire Wednesday proposed to rename the Myanmar Peace Center, which has been working for the country's peace process, to National Reconciliation and Peace Center (NRPC) .

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Thailand's draft constitution likely to be amended

Prime Minister of Thailand Prayut Chan-o-cha has implied the military-proposed amendments to Thailand's draft constitution would likely to be resubmitted to the charter drafting committee until the panel has done accordingly.

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Philippine president seeks for passage of at least 5 priority bills

​Philippine President Benigno Aquino III called on Congress on Monday to pass at least five priority measures before he steps down from office in June next year.

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Some major global brands back Myanmar's minimum wage proposal

Some major global brands have voiced support for the Myanmar government's proposed minimum daily wage proposal, saying that a guaranteed pay rate would help promote investment in the country's garment industry and raise the living standard of its workers, an official report said Thursday.

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Fed proposes letting banks to use some muni bonds as liquidity buffers

​U.S. Federal Reserve plans to allow big banks to use certain general obligation state and municipal bonds as liquid asset to meet a regulatory rule aimed at keeping the banks safe during a crisis.

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White House calls for tighter rules for brokers on retirement accounts

The Obama administration is proposing new rules aimed at eliminating conflict of interests among brokers and financial advisors who manage Americans' retirement accounts and ensuring them to put their clients' best interest first instead of their own profits.

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Maldives sets 150m USD as lowest investment for new economic zones

Maldives President Abdulla Yameen has set the minimum investment for the country's new Special Economic Zones at 150 million U.S. dollars, local media reported on Monday.

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Putin signs treaty on Eurasian Economic Union into law

​Russian President Vladimir Putin on Friday signed into law the treaty on establishing Eurasian Economic Union (EEU) after the parliament of Russia ratified the pact late last month.

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Australian mining company threatens constitutional challenge

Australian mining company NuCoal Rosources on Tuesday expressed its disappointment over the New South Wales (NSW) government's decision to cancel its Doyles Creek coal exploration license, saying "it will take whatever action is necessary to protect its interests".

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Lebanon affirms presence in Geneva conference on Syria

Lebanese President Michel Suleiman asserted Monday that the proposed Geneva II conference to solve the Syrian crisis will be held on January 22, 2014 with the participation of 37 countries including Lebanon.