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Canceling Student Debt Would Hurt Economy, NABE Survey Shows
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Thailand 2Q GDP Growth Weakest Since 2014 on Trade War, Baht

Thailand’s economy grew at the slowest pace in almost five years in the second quarter as exports and tourism deteriorated, buffeted by U.S.-China trade tensions and a strong local currency.
IMF Warns Zimbabwe Against Pay Boost as Living Standards Crash

The International Monetary Fund’s resident representative in Zimbabwe warned the government against boosting wages for state workers after the introduction of a new currency pushed up inflation and reduced spending power to a 10th of what it was as recently as February.In the six years to 2016 Zimbabwe boosted pay for its about 400,000 civil servants to a level where their pay accounted for more than 90% of tax revenue compared with 40% in 2010, Patrick Imam, the IMF’s representative, said.
Axiata’s $3 Billion Tower Arm Draws Takeover Interest

Buyers are circling Axiata Group Bhd.’s wireless tower business, even as the Southeast Asia telecom giant presses ahead with plans for a broader merger with Telenor ASA’s Asian operations, people with knowledge of the matter said.
Oil Refiners Go From Profit Pain to Gain as Ship-Fuel Rules Near

The imminent overhaul of global ship-fuel regulations is finally delivering a long-awaited benefit to Asian oil refiners.

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