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Australia fast-tracks a $1b coal mine

Bloomberg A giant Glencore Plc coal project in Australia has been fast-tracked as the nation turns to its vast natural resources to lift the economy out of its first recession in almost three decades. The A$1.5 billion ($1 billion) Valeria mine in Queensland has been designated a “coordinated project”, which the state said would help to get new jobs happening ...

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‘Exxon eyes gas power plants in boost to US trade’

Bloomberg Vietnam said Exxon Mobil Corp is considering investments in the nation’s power sector, a move that would support trade with the US and open a potential new frontier for the upstream-focused oil and gas major. The Texas-based company is weighing stakes in two power plants and the gas import infrastructure to feed them, as well as in the oil ...

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US foreign policy and the inability to trust

There are at least 104,149 US military personnel who will not be leaving Europe. They rest in military graves, testimony to the cultural affinities and strategic vulnerabilities that produced the NATO trans-Atlantic alliance, now 71 years old. Intelligent, informed, public-spirited people can support the policy of removing by September about one-third of the 34,500 US troops stationed in Germany. Forces ...

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