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What Japan can learn from Australia’s submarine decision

  Yuki Tatsumi SPECIAL TO EMIRATES BUSINESS On April 26, the Australian government announced that it has chosen DCNS of France as the partner for joint development in its SEA 1000—Collins-class submarine replacement—program. Australian Prime Minister Malcolm Turnbull said in his joint statement with Defense Minister Marise Payne that the French proposal best met Australia’s unique requirements as well as ...

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Austerity’s victims may decide Britain’s EU vote

  Prime Minister David Cameron should, if the pollsters and bookmakers are right, win his campaign to keep the U.K. in the European Union. But if things go wrong between now and the June referendum his biggest challenge will be to persuade the poor, for whom he has done little, that Brexit won’t make them better off. The economic case ...

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Toronto property developer in trouble

  Bloomberg In a parking lot in midtown Toronto, a portable office advertising homes for Urbancorp sits empty, a stark symbol of what can go wrong for even one of Canada’s largest property developers in the city’s feverish real estate market. The sales center, fronted by weed-covered planters and dotted with litter, was where Urbancorp marketed 41 townhouses. The project, ...

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