Trade Slowly Returns to Cameroon-Nigeria Border

Trade is returning to Cameroon’s border communities more than two years since the start of the regional military offensive against Boko Haram militants. But as security improves, local officials warn Boko Haram remains a threat. Hundreds of buyers and sellers assembled at the Ngule market near Achigachia as police and …

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Thailand Economy Back on Track But in Slow Lane

The Thai economy, under the military’s stewardship for the past three years, is again witnessing steady growth but lags behind regional competitors as uncertainties remain, keeping foreign investors at bay. The World Bank and United Nations (UN) say the Thai economy is in a slow growth lane compared to regional rivals, …

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Border Closure Hurts Afghan-Pakistan Produce Trade

Cross-border fighting between Afghanistan and Pakistan has suspended trade worth millions of dollars and stranded hundreds of trucks loaded with fruits and vegetables at the border, where the produce stands to spoil in the rising heat. Pakistan had temporarily closed the Chaman border crossing, across from Afghanistan’s Spinboldak, after a …

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Moody’s Cuts China Credit Rating One Notch

Moody’s Investors Service downgraded China’s credit rating Wednesday – from Aa3 (Double A-3) to A1 – saying it expects China’s economy to erode in coming years as growth slows and its debt burden continues to rise. The downgrade comes as the government faces new financial challenges after years of credit-fueled …

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US Sues Fiat Chrysler Over Emissions Cheating Accusations

The U.S. government has filed a civil lawsuit against automaker Fiat Chrysler, saying the company has used illegal software to fake emission results on its diesel vehicles. The civil complaint filed Tuesday follows initial accusations from the Environmental Protection Agency released in January. The software reportedly hid emissions of nitrogen …

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