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The short-term impact of Canada's budget will be small

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CANADA

The budget keeps the deficit just inside prescribed limits despite an increase in new spending, by stepping up measures to boost revenue. Initiatives designed to target the…

Talk of nuclear power for Australia is election gambit

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AUSTRALIA

Dutton said in March that if the Liberal/Nationals coalition wins next year’s election, he will promote investment in small modular reactors (SMRs) on the site of existing…

Greek farmers will want sector profitability restored

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GREECE

In response to farmers’ protests across the EU, including in Greece in February, the Commission is considering allowing farmers more flexibility in complying with new…

EU will struggle to meet new climate targets

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EU

If approved, the targets will profoundly shape EU economic and environmental policy over the next two decades. The power sector will bear most of the decarbonisation burden to…

Key Indian development target is highly challenging

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INDIA

The target is associated with reaching GDP of USD30tn, compared with less than USD4tn currently. Modi, in power since 2014, appears on course to win a third straight term.

US will keep new Sentinel ICBM despite rising costs

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UNITED STATES

Years of rising costs and missed deadlines have culminated in the Air Force having to justify continuing with its new LGM-35A Sentinel ICBM, which is intended to renew the…

Australia emission standards will have limited impact

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AUSTRALIA

Although raising fuel efficiency standards as a means of reducing emissions has been a high-profile issue for the government, last-minute concessions to the automotive sector will…

Ships’ safety off Yemen will depend on US-UK air power

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INTERNATIONAL

A US-led coalition has struck targets in Yemen in response to uncrewed aerial vehicle (UAV) and missile attacks on ships in the Red Sea and Gulf of Aden, targeting both commercial…

South Africa faces fiscal reform challenges

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SOUTH AFRICA

However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.

Flat US defence spending puts Pentagon under pressure

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US

While Congress broadly supports existing defence programmes and the current level of spending, an increase below inflation leaves the Pentagon struggling to manage current…