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Fitch Upgrades Greece’s Credit Rating

Fitch Ratings has upgraded Greece’s credit rating from CCC to B-, a one-notch improvement that still leaves the bonds issued by the crisis-battered country well below investment grade. The ratings agency said Friday that the outlook of the Greek economy was positive and that it expected talks with the country’s …

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Entrepreneurs Hope Pence’s Latin America Trip Sparks Ideas

More public backing for innovation, more idea exchanges to nurture global trade and more stability. That’s what two transnational entrepreneurs hope will result from U.S. Vice President Mike Pence’s travels this week to Latin America, where he has promoted prosperity, security and democracy for the Americas. Liliana “Lili” Gil Valletta, …

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Online Companies Bar Far-Right Groups

They are being booted off or locked out of their websites. Some can no longer blog. Their electronic payment systems are being canceled. Even their music can’t be heard. For some white supremacist and neo-Nazi groups, operating online has become much harder in the wake of last week’s “Unite the …

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Auto Groups Side with Canada, Mexico on NAFTA Origin Rules

Auto industry groups from Canada, Mexico and the United States are pushing back against the Trump administration’s demand for higher U.S. automotive content in a modernized North American Free Trade Agreement. At talks underway this week in Washington, automaker and parts groups from all three countries were urging negotiators against …

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Algorithms Could Tie Trafficking Ads to Their Buyers

A U.S. researcher says she has developed automated ways to identify links between online sex trafficking ads and the digital currency Bitcoin, techniques that may help locate children being sold for sex. Law enforcement and anti-trafficking groups could use the methods to investigate Backpage.com, an online classified advertising site where …

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Internet Firms Flex Muscle to Exile White Supremacists

Silicon Valley joined a swelling backlash against neo-Nazi groups in the United States on Wednesday as more technology companies removed white supremacists from their services in response to weekend violence in Charlottesville, Virginia. Social media networks Twitter and LinkedIn, music service Spotify and security firm CloudFlare were among the companies …

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Pakistan Railway Revival Clashes With Shanty Towns

After many false starts, plans to resurrect a railway in Pakistan’s teeming metropolis of Karachi are moving ahead with the help of Chinese cash. Not everyone is happy. The Chinese-funded $2 billion project to revive Karachi Circular Railways (KRC), nearly two decades since it was shut down, has been touted …

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Petrobras Argentina Sale Under Scrutiny in Brazil

Brazilian prosecutors plan to investigate last year’s controversial sale of the Argentine subsidiary of Petrobras, Brazil’s state-controlled oil company, a lawyer representing some Petrobras shareholders said on Wednesday. Petrobras, formally known as Petroleo Brasileiro SA , sold its 67.2 percent stake in Petrobras Argentina SA for $892 million to Pampa …

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Ireland Rejects EU’s Demand to Collect Billions From Apple

Ireland’s finance minister rejected the European Commission’s demand that it retroactively collect 13 billion euros in taxes from Apple, saying this was not Dublin’s job in an interview with Germany’s Frankfurter Allgemeine (FAZ) newspaper. In the interview, extracts from which the FAZ published on Wednesday, Finance Minister Paschal Donohoe said …

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US Trade Envoy Says NAFTA Has ‘Failed’ Americans

U.S. President Donald Trump’s top trade official laid down a hard negotiating line for revamping the North American Free Trade Agreement on Wednesday, saying that major changes were needed to slash U.S. trade deficits and boost U.S. content in autos. U.S. Trade Representative Robert Lighthizer said NAFTA had “failed many, …

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Trump Goes After Amazon, Again

President Donald Trump is renewing his attacks on e-commerce giant Amazon, and he says the company is “doing great damage to tax paying retailers.”   Trump tweets that “towns, cities and states throughout the U.S. are being hurt – many jobs being lost!” The president has often criticized the company …

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Tech Companies Ramp Up NAFTA Lobbying on Eve of Trade Talks

Technology companies, such as Microsoft and Cisco Systems, have ramped up lobbying ahead of talks to renegotiate the North American Free Trade Agreement, looking to avoid any future restrictions on cloud storage and to promote an international pact to eliminate technology goods tariffs. U.S., Mexican and Canadian negotiators are due …

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The Dark and Light Sides of Latest Drone Technology

Drones, small flying machines with cameras mounted on them, have become easily accessible to consumers. Scientists, police and businesses have found often lifesaving uses for drones, but these relatively low-cost machines can also be weaponized. VOA’s Elizabeth Lee reports from a recent Chemical Sector Security Summit in Houston on the …

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