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Philippines says arrests senior member of IS-backed Maute group

AP This photo taken on August 26, 2016 shows Philippine soldiers walking along a highway as they return to camp at the village of Bongkaong, Patikul town, Sulu province on the southern island of Mindanao. The Philippines military said it arrested one of the Maute brothers on Thursday, a senior …

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Australia adds 42,000 jobs in May, flying past 10,000 estimated

David Gray | Reuters A woman holds an umbrella as a cyclist rides nearby on a rainy day in the central business district (CBD) of Sydney, Australia, March 7, 2017. Australia added a whopping 42,000 jobs in May, flying past the 10,000 additions that analysts in a Reuters poll estimated, …

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Qatar signs $12 billion deal to buy F-15 jets from US

KARIM JAAFAR / AFP / Getty Images June 11, 2017: Cars in Doha with portraits of Qatar’s Emir Sheikh Tamim bin Hamad Al-Thani and text reading in Arabic: ‘Tamim the glorious.’ The diplomatic crisis surrounding Qatar and other Gulf countries has remained a peaceful one for now, but open warfare …

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Trump faces calls to uphold U.S.-Cuba ties ahead of policy announcement

Chip Somodevilla | Getty Images Hundreds of Cubans and visitors from other countries gather across the street from the newly reopened U.S. Embassy to observe the flag-raising ceremony August 14, 2015 in Havana, Cuba. U.S. President Donald Trump is under pressure to maintain the country’s fragile détente with Cuba despite …

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Millionaires own a record 45% of the world’s wealth — and their share is growing

AP Charter Communications CEO Thomas Rutledge; CBS CEO Leslie Moonves; Walt Disney CEO Robert Iger; Discovery Communications CEO David Zaslav. On bottom row, from left: Comcast CEO Brian Roberts; Time Warner CEO Jeffrey Bewkes; IBM CEO Virginia Rometty; Regeneron Pharmaceuticals CEO Leonard Schleifer The world’s millionaires, who represent the top …

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Children lost, baby thrown to safety in London blaze: Witnesses

Adrian Dennis | AFP | Getty Images Pedestrians look up towards Grenfell Tower, a residential block of flats in west London on June 14, 2017, as firefighters continue to control a fire that engulfed the building in the early hours of the morning. Shaken survivors of a blaze that ravaged …

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Tax cuts and deregulation success will make or break US economy, says EY chairman

Olivier Douliery-Pool | Getty Images Preisdent Donald Trump speaks during a meeting in the Cabinet Room of the White House June 12, 2017 in Washington, DC. Addressing the tax regime is most critical, according to the EY chairman. “Lowering the corporate tax rate, moving to a more competitive international system, …

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Huge fire engulfs 27-floor London tower block

Toby Melville | Reuters Flames and smoke billow as firefighters deal with a serious fire in a tower block at Latimer Road in West London, Britain on June 14, 2017. A huge fire engulfed a 27-storey block of flats in central London on Wednesday injuring a number of people. Massive …

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China reports May industrial production

China Daily | Reuters The first C919 passenger jet made by the Commercial Aircraft Corporation of China (Comac) is pulled out next to a Chinese national flag during a news conference at the company’s factory in Shanghai, Nov. 2, 2015. China’s factory output grew 6.5 percent in May from a …

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Fed rate hike this week to hit millions of borrowers

The quarter-point interest rate increase expected this week will impact millions of borrowers, many of whom will find it difficult to make monthly payments on credit card and other types of debt that’s about to become more expensive. While it may not sound like much on paper, the Federal Reserve’s …

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