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Israel bombs Gaza tunnel, closes key crossing after attack

The Israeli military said Saturday it was shutting down its main cargo crossing into Gaza after Palestinian protesters caused extensive damage to it, and that it had also destroyed an attack tunnel militants dug near its main pedestrian crossing. Once again, thousands of Palestinians protested Friday in various locations along the frontier. Later, a group of Palestinians burned a fuel complex and conveyor belt on their side of the Kerem Shalom crossing, causing more than $9 million in damages and disrupting the import of diesel fuel and building materials, the military said. …read more […]

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Ford's rejection of Michael Cohen offer prompts Mueller inquiry

According to a report from the Wall Street Journal (sub. required), Michael Cohen, personal attorney to President Donald Trump, offered to provide consulting services to Ford. Reuters reports that Cohen touted his close connection to Trump, but his overture was quickly rejected before any specific fees were discussed, according to a person briefed on the matter. …read more […]

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North Korea Sets Date for Shutting Down Its Nuclear Test Site

North Korea has set the date to begin shutting down a major nuclear test site as it continues to pursue improved relations with the world. A ceremony will be held between May 23 and 25 for the dismantling of its northern nuclear test ground, weather permitting, the state-run Korean Central News Agency said Saturday, quoting the Foreign Ministry. North Korean leader Kim Jong Un has taken a series of steps this year to ease tensions with the U.S. and he is set to meet U.S. President Donald Trump for historic talks next month in Singapore. …read more […]

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Bayer CFO sees lower Monsanto synergies after divestments: Boersen-Zeitung

Bayer’s potential synergies from buying U.S. rival Monsanto will be lower than $1.5 billion because of anti-trust divestments, the German company’s Chief Financial Officer told Germany’s Boersen-Zeitung. The $1.5 billion savings targeted within three years are a “pro forma” synergy goal, which excluded the impact of divestments, Johannes Dietsch told the newspaper. “The basis for revenue synergies is now lower. …read more […]