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Glencore cobalt mine scrutinised as Congo reviews deals

Bloomberg Democratic Republic of Congo added Glencore Plc’s giant Mutanda copper and cobalt operation to a list of projects that could face renegotiation, just as the key battery metals mine is in the process of restarting. The move to probe Mutanda comes as Congo President Felix Tshisekedi increases his scrutiny of extractive deals made under his predecessor, Joseph Kabila. Congo ...

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Have Britain’s Tories been in power too long?

After winning a fourth consecutive general election in 1992, the UK Conservative Party chairman told then Prime Minister John Major that they had “stretched the elastic” as far as it would go. Soon after, it snapped. The Tories had been in power for 13 years at that point and had become arrogant and complacent. Major’s government became mired in sleaze ...

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Inflation’s silver lining for US housing

It’s painful when prices are soaring for everything, but there are at least two segments of the real estate market where inflation may actually be easing the transition to a new status quo. As the US embarks on its third year following the arrival of Covid-19, there are clear winners and losers arising from how the pandemic has changed the ...

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