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U.S. markets recover from steep losses
COLOMBO, Sri Lanka, June 16 (UPI) -- Sri Lanka's trade deficit, largely because of higher food and fuel imports in April, soared to $659 million from $393.8 million in the year-ago period.
The Central Bank of Sri Lanka reported Monday the deficit in the four months of this year totaled $2.045 billion, compared to $1.063 billion in the same period of last year, Colombo Page, a Sri Lankan Internet news site, reported.
Sri Lanka's foreign exchange reserves at the end of April totaled more than $3.3 billion, the bank said.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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NEW DELHI, May 24 (UPI) --
India's state-run National Aerospace Laboratory will work with Kadet Defense Systems to develop NAL's Hansa trainer aircraft into an unmanned airial vehicle.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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