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Financial Markets

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WASHINGTON (AP) — President Joe Biden entered the White House promising to stop the twin health and economic crises caused by COVID-19, but $1.9 trillion and countless initiatives later he’s confronting the limits of what Washington can achieve when some state and local governments are unwilling or unable to step up.

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BEIRUT (AP) — Lebanon’s incoming finance minister signed a contract on Friday with a New York-based company to conduct a forensic audit of the country’s central bank, a key demand of the international community to restore confidence in the crisis-struck Mideast nation.

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SALEM, Ore. (AP) — After humble beginnings as a pushcart operation in an Oregon town and growing into a company with hundreds of drive-thru coffee shops, Dutch Bros Coffee launched an initial public offering Wednesday on the New York Stock Exchange.

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BEIJING (AP) — One of China’s biggest real estate developers is struggling to avoid defaulting on billions of dollars of debt, prompting concern about a broader economic fallout and protests by buyers of unfinished apartments.

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QLEIAT, Lebanon (AP) — Saydi Mubarak and her mother share a bond that goes beyond a close mother-daughter relationship: They were both diagnosed with breast cancer a year ago and underwent months of chemotherapy at a Beirut hospital, together facing the anxiety, the hair loss and the uncertainty for the future.

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LONDON (AP) — At least 227 people died last year defending their homes, land and livelihoods from environmental exploitation as the deepening climate crisis increasingly pits economic interests against local communities, according to data compiled by the environmental group Global Witness.

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