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Property, bank sectors race to curb Brexit fallout

  London / AFP Britain’s referendum vote to quit the European Union is starting to bite hard, with the property sector fast losing investor confidence and banks offered a helping hand to boost lending. Data meanwhile has shown the British economy taking a knock already in the run-up to Brexit, with business confidence hitting a 3.5-year low in June, according ...

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Leave vote hurts outlook for UK fisheries as trade uncertain

  Bloomberg The U.K.’s vote to leave the European Union will make it harder for British seafood exporters to compete with other countries, according to the United Nations’ Food & Agriculture Organization. Four of the top five importers of British seafood exports are nations in the EU, according to data from industry group Seafish. While it’s uncertain what kind of ...

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Australia’s PM faces tough road ahead after re-election

  Sydney / AFP Australia’s Prime Minister Malcolm Turnbull on Sunday declared victory for the ruling conservatives after the Labor opposition conceded defeat, but faced a tough time ahead after the narrow mandate in the closely fought election. The declaration ended eight days of uncertainty about the new government’s identity. A tight race between the two major parties left neither ...

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