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Averted Canadian rail strike leaves political tensions

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CANADA

Stalled talks between the Teamsters union and management at the country’s two main rail freight companies will now go to binding arbitration, but the minority Liberal government’s…

Biden will stress regional economic development work

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UNITED STATES

With the economy a central issue for many voters, Biden is stressing his administration’s focus on place-based economic development (PBED), an approach to shaping the economic…

Strike threats widen Canada's infrastructure concerns

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CANADA

Although today's strike was temporarily suspended at the last minute, the possibility of rail and port disruption this summer may force the Liberal government’s hand on the use of…

Jokowi will try to expedite Nusantara project

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INDONESIA

President Joko ‘Jokowi’ Widodo -- whose second and final five-year term will end in October -- subsequently insisted that Nusantara’s development would continue. Defence Minister…

Oman will lead Middle East in green hydrogen progress

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OMAN

Oman is outpacing most global competitors in laying foundations to become a major international supplier of the carbon-free fuel, augmenting its natural advantages with…

Chinese will focus on green energy in North Africa

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NORTH AFRICA

China is embarking on a fresh investment drive in North Africa, including in construction, mining, renewable energy and electric vehicle (EV) projects. Some projects are geared to…

Pyongyang will struggle with reforms

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NORTH KOREA

Despite recent high-profile foreign policy developments, the meeting focused on domestic matters. Kim admitted economic “difficulties” and promised to address regional…

Greece will struggle to cope with rising living costs

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GREECE

The announcement comes on the back of relatively tight fiscal policies and economic growth that outperforms EU peers. Yet the bullish macroeconomic picture has not translated into…

Somalia and Turkey may struggle to realise oil deal

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SOMALIA/TURKEY

The deal builds on the recent ten-year agreement on maritime defence cooperation. Somalia is believed to have significant onshore and offshore oil and gas potential. However…

Canberra will be tough on pricing but not on mergers

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AUSTRALIA

Under pressure on cost-of-living issues, Canberra is reviewing competition laws to see what effect market dominance may be having in a handful of major sectors, including banking…