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‘Poland is cutting last fuse on democracy’

Bloomberg Twenty-eight years after Poland led eastern Europe’s break with communism and its embrace of western-style democracy, the country’s human rights commissioner is sounding the alarm with a warning that the European Union’s largest eastern nation is on a road that leads back to authoritarian rule. The latest plan by President Andrzej Duda and the ruling party to revamp the ...

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LNG markets to remain oversupplied into 2020s despite strong demand

SINGAPORE / Reuters Global liquefied natural gas (LNG) markets will remain oversupplied into the 2020s due to a surge in production, although soaring demand especially from China may tighten the market earlier than expected, the International Energy Agency (IEA) said on Monday. “We will see massive amounts of new LNG capacity coming to the market … so we will probably ...

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Saudi Arabia may let foreigners strategic stakes in listed firms

Bloomberg Saudi Arabia is working on a plan to allow non-resident foreign investors to own strategic stakes in listed companies as the kingdom overhauls its economy. The Capital Market Authority and the Saudi Arabian General Investment Authority signed a memorandum to set up a framework to allow foreigners to own 10 percent or more of publicly traded companies and to ...

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