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Australia’s strange submarine strategies

  On April 25 2016, the very day that Australia commemorated its war dead who fell in Europe a century earlier, Australia sent a private note to France, its former ally, that it had won the bidding process to be preferred designer of 12 new submarines. In announcing the decision, the Australian government made some understandable historical allusions to past ...

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A look at Indonesia’s strategic choice

  Marvin Ott / Mick Zloof SPECIAL TO EMIRATES BUSINESS The Indonesian military (TNI) and the strategic perspectives of the Indonesian political leadership have been shaped by a tumultuous history of domestic security challenges. Indonesia is a sprawling archipelago of thousands of islands and hundreds of more or less distinct ethnic communities. That geography and ethnography virtually guarantee that national ...

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Stock gains defy China data that hurt metals

  BLOOMBERG Stocks rallied, with European equities rising from a one-month low as they shook off a drag from Chinese trade data that weighed on industrial metals. Of the 19 industry groups on the Stoxx Europe 600 Index, 17 advanced, while mining companies had the biggest losses. Energy producers also declined as crude oil erased gains. Copper fell to its ...

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