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WASHINGTON (AP) — Federal regulators have approved a first-of-a-kind "artificial pancreas," a device that can help some diabetes patients manage their disease by constantly monitoring their blood sugar and delivering insulin as needed.
OPEC shocked markets with a deal to cut oil output after kingpin Saudi Arabia allowed bitter rival Iran to be exempted, but analysts warned Thursday the move would not likely have a lasting impact. At the end of six hours of negotiations and weeks of horse trading, OPEC announced the plan to cut production to 32.5-33 million barrels per day from the 33.47 million in August, the International Energy Agency said. The deal, in Algiers during an informal meeting with Russia, was hammered out after the group's biggest producer Saudi Arabia agreed Iran, which is ramping up output after years of Western economic sanctions, would be exempted from the cut.