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The German Development Institute, a think tank, recently estimated in a report that Cambodia could be one of the world’s biggest losers in the event of a “no-deal” Brexit. As many as 1.7 million people living in developing nations could descend into “extreme poverty” in the event, the think tank claimed.

The UK is the second or third largest export market for many Southeast Asian nations and a key investor in their fast-growing, export-geared economies. Britain invests more than three times as much as Germany, Europe’s largest economy, in the region.

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President Donald Trump and his cabinet are skipping out on Davos this week, but he’ll still be the biggest presence at the annual gathering of the world’s richest and most powerful people.Whether it’s the U.S.-China trade dispute, Trump’s reported wish to withdraw from NATO, or the government shutdown threatening the world’s biggest economy, it’ll be […]

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