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The Latino succeeded Kamala Harris, now the vice president-elect, to lead the country's largest state justice department after she was elected to the US Senate.

The Middle East comes second with 20 percent share of exports, followed by Africa with 15 percent.

The Jilin High People's Court overturned an original ruling in which Jin Zhehong, 50, was given a suspended death sentence, and announced him innocent.

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The Ministry of Finance estimated that most companies have seen a 40 percent cut in VAT payments. Liang Hong, chief economist with China International Capital Corporation, believes tax reform will help businesses cut spending, increase revenue and boost employment in the long term.

The JV's factory will cover an area of over 10,000 square meters in Cairo, and is expected to achieve an annual production of 600,000 TV sets within three years, providing jobs for more than 600 Egyptians.

The Jack Ma Foundation announced the top 20 finalists for its 2020 Africa's Business Heroes competition on Wednesday. The competition, which is organized by the Foundation's Africa Netpreneur Prize Initiative, was launched in 2019 to cultivate and empower young African entrepreneurs by giving equal opportunities to those who harness the power of small businesses and technology.

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The King also appointed Mahathir to serve as the interim prime minister until a new one could be appointed to the position according to constitutional provisions, he said in a statement.

The IW study highlighted that 40 percent of all new patent registries in Germany in 2015, the latest year for which data is available, originated in the automotive industry of which only a third applied to petrol-powered vehicles. "The popular belief in politics and the public that the German automotive industry is missing the boat on the technologies of the future is hence debunked (by this data)", study author Thomas Puls wrote.

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The IMF official also noted that compared with advanced economies, Asia's social safety net is weaker, and medical facilities are not adequate.

The IPO market is on track for a solid, but not record-breaking year. About 60 companies seeking to raise about billion are expected in the second half. In 2000, the peak of the internet bubble, 406 IPOs raised .9 billion.