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Aussie lawmaker resigns over dual-citizenship fiasco

Bloomberg One of Australian Prime Minister Malcolm Turnbull’s lawmakers resigned from parliament, saying he may be a dual citizen, leaving the government at least temporarily in minority status. John Alexander, speaking to reporters, said it’s possible he also holds British citizenship through his father. “Therefore it is my obligation that I must resign,” the 66-year-old said in Sydney. The citizenship ...

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Report says 40 MPs signal no confidence in May

Bloomberg Embattled UK Prime Minister Theresa May faced a fresh challenge as the Sunday Times said 40 Conservative members of Parliament, nearly enough to trigger action, have agreed to sign a letter of no confidence in her. May’s opponents are now eight lawmakers short of what’s needed for a leadership challenge, the newspaper said, citing people with knowledge of the ...

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The radiating mischief of protectionism

What a tangled web we weave when first we practice to deceive ourselves into believing that corporate welfare can be seemly. Consider the caper, both amusing and depressing, that began when mighty Boeing sought protection behind the skirts of the US Department of Commerce. Boeing, America’s 39th largest corporation by market capitalisation (over $150 billion) and 24th by revenues ($94.6 ...

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