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Moulton ends bid for U.S. Democratic presidential nomination
U.S. Representative Seth Moulton, who mounted a long-shot bid for the 2020 Democratic presidential nomination, ended his campaign on Friday, warning that the party must now decide how far left it wants to move.

Paris prosecutor opens inquiry into whether Epstein committed crimes in France
The chief prosecutor in Paris has opened a preliminary inquiry to determine whether late U.S. financier Jeffrey Epstein committed any sex crimes on French territory or against any underage French victims, prosecutor Remy Heitz's office said on Friday.

China strikes back at U.S. with new tariffs on $75 billion in goods
China said on Friday it will impose retaliatory tariffs against about $75 billion worth of U.S. goods, putting as much as an extra 10% on top of existing rates in the dispute between the world's top two economies.

Oil spills into U.S.-China trade war, prices slump
China on Friday said it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.

Fed's commitment to act upstaged by Trump's furor
Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy, stopping short of committing to rapid-fire rate cuts and drawing fire from President Donald Trump.

Stocks and oil fall, yen rallies as Trump threatens to further escalate China trade war
Stocks and oil prices fell sharply on Friday while traditional safe havens rose after U.S. President Donald Trump threatened to further escalate his trade war with China "this afternoon," following a new round of retaliatory tariffs from Beijing.

U.S. Justice Ginsburg treated for pancreatic cancer
Liberal U.S. Supreme Court Justice Ruth Bader Ginsburg has completed a three-week course of radiation therapy to treat a cancerous tumor on her pancreas, a court spokeswoman said on Friday.

India increases restrictions in Kashmir ahead of separatist call for protests
Authorities in the main city of Indian Kashmir tightened security ahead of Friday prayers after separatists called for a protest march to a U.N. office, with streets bristling with paramilitary personnel and some blocked by checkpoints.

World needs to end risky reliance on U.S. dollar: BoE's Carney
Bank of England Governor Mark Carney took aim at the U.S. dollar's "destabilizing" role in the world economy on Friday and said central banks might need to join together to create their own replacement reserve currency.

Kentucky clerk who refused same-sex marriage licenses can be sued
The Kentucky county clerk who in 2015 gained widespread attention for refusing to issue marriage licenses to same-sex couples may be sued for damages by two of those couples, a federal appeals court ruled on Friday.

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