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World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact

The World Bank approved an $875 million loan for Ivory Coast to support economic growth and job creation, and signed an interim deal with Eni SpA’s local unit and the West African nation to provide technical assistance for its burgeoning gas sector.

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Banks’ Record Bond Short Sparks Quest for Answers

For the first time in recent history, primary dealers have gone net short on debt they used to hold billions of dollars of.

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