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    Pvt sector credit growth slumps further to 9.2pc in January

    Staff Correspondent | Updated at 10:08pm on March 03, 2020

    The private sector credit growth declined to 9.2 per cent in January amid heavy government borrowing from the banking sector and the government’s move to...

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    Lufthansa further slashes flight plan over virus

    Agence France-Presse . Frankfurt am Main | Updated at 11:03pm on March 02, 2020

    German airline group Lufthansa said Monday it was extending flight cancellations on Iran and China routes until late April, part of a broader rollback because...

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    How one woman is taking on Vietnam’s ‘big coal’

    Agence France-Presse . Hanoi | Updated at 10:57pm on March 02, 2020

    As a child, Nguy Thi Khanh used to lie in the grass in her Vietnamese village and watch toxic emissions from nearby coal plants float...

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    OECD warns of severe economic hit from virus outbreak

    Agence France-Presse . Paris | Updated at 10:55pm on March 02, 2020

    The coronavirus outbreak will have a major impact on economic growth worldwide this year, the OECD warned Monday as it lowered its global GDP forecast...

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    Dollars under the mattress: Argentines’ preferred savings

    Agence France-Presse . Buenos Aires | Updated at 12:07am on March 02, 2020

    No sooner does she receive her pay cheque in Argentine pesos than 43-year-old lawyer Eugenia exchanges them for dollars and takes them home to hide...

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    US incomes grow in January but virus could change it all

    Agence France-Presse . Washington | Updated at 10:42pm on February 29, 2020

    Americans saw more money in their pockets in January, but did not spend as much of it as expected, according to government data released on...

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    Virus hammers China’s February economic activity

    Agence France-Presse . Beijing | Updated at 10:38pm on February 29, 2020

    China’s manufacturing activity fell to its lowest level on record in February as official data on Saturday confirmed the massive damage the deadly coronavirus epidemic...

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    Luxembourg becomes first country with free public transport

    Agence France-Presse . Luxembourg | Updated at 10:35pm on February 29, 2020

    Luxembourg on Saturday became the first country in the world to offer free public transport, as the small and wealthy EU country tries to help...

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    World economy wavers as virus spreads

    Agence France-Presse . Washington | Updated at 10:24pm on February 29, 2020

    The world is coming to a standstill as the new coronavirus spreads: schools have closed in Japan, rallies are banned in Switzerland and flights are...

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    Virus to cost world tourism at least $22b: global body

    Agence France-Presse . Madrid | Updated at 10:45pm on February 28, 2020

    The deadly coronavirus epidemic will cost world tourism at least $22 billion owing to a drop in spending by Chinese tourists, the head of the...