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Crocs to close last manufacturing plants, in Mexico and Italy

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09-Aug-18 Crocs has announced it is closing the last of its manufacturing sites, which is in Italy, having already closed its Mexico site in Q2. But the footwear company asserted that it was not going out of business. [image: Michael Brochstein / SOPA Images / LightRocket / Getty Images]

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India boosts Asian growth, as Latam and the Middle East look positive

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Jul-18 Growth in emerging market commodity importers is expected to remain robust, while the rebound in commodity exporters is projected to mature, says the World Bank. Risks include escalating trade protectionism and rising geopolitical tensions. A slowdown in China is partly offset by the rest of Asia, led by 7% growth in India. Prospects in Latam and the Middle East look positive, though with growth projected at much lower levels than in Asia.

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Colombia cannabis - ripe to reap

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15-Jun-18 Colombia’s nascent medical marijuana industry looks set to boom. In Jan-18, the International Narcotics Control Board allotted Colombia a 40.5 tonne marijuana production quota, the largest in the world and 44% of the total.

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Shifting China capital flows pose risk for emerging markets

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31-May-18 China’s trade surpluses are declining in a shift that will see less of its excess savings recycled into global capital markets. With the US Federal Reserve shrinking its balance sheet and raising interest rates, Treasury yields are at their highest since 2011, putting strains on nations that borrowed dollars. Turkey’s central bank has been forced into emergency action to shore up its currency, while Argentina has sought external help. [Image: The Star online]

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