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May, 30, 2016

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Tourism booms in Iberia, but leaves some cold
With sunny days getting longer and lazier, sparkling beaches warming up and terrorism fears driving customers away from other Mediterranean destinations, Spain and Portugal are reaping an economic bonanza from tourism.
 
Vuitton show draws fashion world  to crisis-hit Brazil with celeb A-list
The elite of the fashion world flocked to Brazil, defying an outbreak of the Zika virus, an economic meltdown and the deep political crisis afflicting the country to attend a runway show Saturday by revered French label Louis Vuitton.
 
PARAMARIBO, Suriname (AP) -- Suriname has landed a $478 million loan from the International Monetary Fund to boost an economic reform program amid a drop in commodity prices, becoming the second South American country to seek such a bailout in nearly a decade.
 
Silicon Valley coffee gets shot of chai
In a Silicon Valley culture known for brilliant ideas boiling up in coffee shops, Gaurav Chawla is pouring his heart into chai.
 
Bayer's chief executive said in an interview published Sunday he is ready to meet environmental groups to address concerns about his group's plans to take over U.S. agrochemicals giant Monsanto.
 
Fifteen international startup teams are set to exhibit their products at Computex Taipei 2016 as part of an effort to facilitate exchanges between international startups and local companies.
 > Taiwan
 
Japanese Prime Minister Shinzo Abe intends to push back his debt-loaded country's next tax hike for 2 1/2 years, when he will likely have left office, reports said Sunday.
 > Japan
 
OPEC member Kuwait has earmarked 34.5 billion dinars (US$115 billion) to spend on oil projects over the next five years, despite the slump in oil prices, a senior executive said Sunday.
 
The number of flights from Taiwan to Japan has surged astoundingly, with the weekly number totaling 727 in May, up by over 40 percent from a year earlier, according to the Civil Aeronautics Administration (CAA).
 > Japan
 
A bid by a group of Gulf investors to purchase a majority stake of Kuwait's top food company and a regional leader, Americana, has failed, an official statement said Sunday.
 
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