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Lebanese president gives nod to tax, wage increase

BEIRUT / Reuters Lebanon’s president signed off on public sector pay rises and tax hikes, a move that has triggered business concerns but could help politicians shore up support ahead of a legislative election next year. President Michel Aoun held off ratifying the two laws since parliament approved them last month, amid objections from businesses about impact of more taxes ...

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Citizenship chaos threatens rudderless Australian government

Bloomberg Prime Minister Malcolm Turnbull’s government could collapse if a court rules that three of his lawmakers with dual citizenship are ineligible to hold office. Even if they stay, his handling of the constitutional crisis gripping Australia’s parliament may have already sealed its fate. The High Court will begin hearings on Thursday to interpret a 117-year-old law that bars dual ...

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Airbus achieves a global first with its ‘hot A320’

Bloomberg With little fanfare, Airbus SE is about to mark an unusual milestone in aviation: simultaneous production of the same aircraft on three continents. The company will hand over the first A320 to roll out of its Mobile, Alabama, assembly plant on Aug. 25, meaning North America will join Europe and Asia in producing the most popular airliner in the ...

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