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Czech Republic’s ruling party removes foreign minister critical of Russia

Bloomberg A party in the Czech Republic’s ruling coalition will remove the Foreign Minister Tomas Petricek, the government’s most vocal critic of Russia’s efforts to take part in nuclear plant tender in the Nato member state. The removal follows Petricek’s unsuccessful bid to replace Social Democratic Party Chairman Jan Hamacek in a vote last week. Petricek, 39, resigned from his ...

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Peru heads to runoff election after presidential vote split

Bloomberg Peru is heading to a presidential runoff in June after early results showed a fragmented and politically divided nation with no candidate getting anywhere close to the threshold needed to win outright. As voting stations closed Sunday, Pedro Castillo, a community organiser and union leader who appeared sixth on the polls just a week ago, was leading the race ...

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Draghi rushes through plans to borrow up to $48 billion more

Bloomberg Italian Prime Minister Mario Draghi is bringing forward plans for as much as 40 billion euros ($48 billion) in new borrowing as the cost of keeping the economy afloat drains the state’s coffers and street protests heap pressure on the government, according to two people familiar with the matter. The government will need between 35 billion and 40 billion ...

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