Emerging Markets News
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Emerging-market stocks fell as the euro-region’s output unexpectedly decreased and a report showed China’s manufacturing may shrink in February, renewing concern that a slowing economy may weigh on global growth.
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South Africa’s inflation rate rose to 6.3 percent in January, remaining outside the central bank’s target range for a third month and limiting the space Governor Gill Marcus has to stimulate the economy.
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Sierra Leoneans hadn’t seen a functioning locomotive engine in 30 years until African Minerals Ltd. rebuilt the rail network to export iron ore in November, almost a decade after civil war ended.
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Officials from the International Atomic Energy Agency, sent to Iran to defuse tensions over the country’s nuclear program, were denied access to a military base and said the talks “couldn’t finalize a way forward.”