Japan Exports Climb on Surging Demand for Cars, Machinery

Japan’s exports grew 14 percent over a year earlier in October on strong demand for vehicles, electronics and machinery. However, customs data released Monday showed even faster growth in imports of oil, gas and coal that caused the trade surplus to fall more than 40 percent from the year before.

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Double Boondoggle Alleged Under Shadow of El Chapo’s Drug Cartel

A Los Angeles private equity firm sold a manufacturing plant in the Mexican border city of Reynosa without revealing that cartel boss “El Chapo” Guzman controlled it — and without disclosing that it was suing the previous owner for exactly that, the latest buyer claims in Federal Court.

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Trump Withdraws U.S. From Trans-Pacific Trade Deal

President Donald Trump on Monday formally withdrew the United States from the behemoth Trans-Pacific Partnership trade deal, an agreement he repeatedly assailed during his presidential campaign. The president also signed memorandums freezing most federal government hiring, and reinstating a ban on providing federal money to international groups that perform abortions or provide information on the option.

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