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Iraq devalues currency by record against dollar as economy wilts – world news

Iraq devalued its currency by about 20% against the dollar, the biggest cut on record, as the cash-strapped government faces an economic crisis brought about by low oil prices and crude-production cuts. The central bank reduced the official rate to 1,450 dinar per dollar, the first devaluation since 2003, it said in a statement. That’s from about 1,190 previously. Dollars ...

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Man leaves $3,000 tip for a 7 dollar check as restaurant closes for coronavirus – world news

A customer left a $3,000 tip for a single beer as a restaurant voluntarily closed because of the Covid-19 pandemic. The man walked in Sunday, ordered the beer and asked for the check, which came to $7.02, Nighttown owner Brendan Ring wrote on Facebook. Ring said the man wished him well and told him to share the tip with the ...

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Oil gains on weaker dollar after OPEC+ edges toward taper delay – india news

Oil gained, following a broader risk-on sentiment in markets and as OPEC+ inches closer to delaying a planned easing of output cuts. Futures in New York rallied near $38 a barrel after rising 2.9% in the previous session. Equities were rallying ahead of the US election, while the dollar lost almost 0.5%, adding to positive sentiment in crude. On Monday, ...

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