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Canadian agency extends application for Petronas LNG project by 3 months

Bloomberg Canadian regulators extended by three months Petroliam Nasional Bhd.’s application to build a liquefied natural gas terminal on the nation’s Pacific coast so the Malaysian company can provide more information about the project’s environmental impacts. The Canadian Environmental Assessment Agency announced the extension in a filing after Pacific NorthWest LNG, as the project is known, detailed changes to its ...

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Chile’s economy expands at 2nd-slowest pace in 6 years

Bloomberg Chile’s economy grew less that expected in the fourth quarter, expanding at the second-slowest pace in six years, as two years of weak growth was exacerbated by a renewed decline in manufacturing. Gross domestic product grew 1.3 percent from a year earlier, the central bank said on its website. From the previous quarter, GDP expanded 0.1 percent. Increased fiscal ...

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Unstable Argentine peso is just what the central bank ordered

Bloomberg Argentina’s peso is the world’s most volatile currency, and that’s fine with the central bank. Big swings are usually not something policy makers want. Officials around the world have procedures in place to ward off the rapid ups and downs that make it difficult for businesses to plan and leave savers nervous about staying in the national currency. But ...

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Arab League rejects Kurd-led moves for federal Syria

Cairo / AFP The Arab League on Monday rejected Kurdish-led moves for a federal system of government in Syria, charging that they would lead to the break-up of the war-torn country. League deputy secretary general Ahmed Ben Helli said the pan-Arab bloc would not recognise last week’s unilateral proclamation by the Kurds and their Arab and Assyrian Christian allies. “The ...

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Turkish monitors on Greek islands for migrant deal

ATHENS / AP Monitors from Turkey have arrived on the Greek islands of Lesbos and Chios to help supervise an agreement aimed limiting the number of refugees flowing into the European Union via smugglers’ boats. The officers arrived on Monday and were to stay for at least one week, as Greek authorities scrambled to implement the landmark deal reached last ...

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1,600 more migrants land in Greece

Athens / WAM A total of 1,662 migrants have landed on Greek islands near Turkey since a landmark EU-Turkish deal on curbing the influx took effect on Sunday, a Greek coordination panel said Monday. Half of the migrants—830—arrived on Chios and 698 others on Lesbos, two islands in the northeast Aegean which lie close to Turkey, according to the SOMP ...

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North Korea fires five more short-range missiles into sea

Seoul / AFP North Korea on Monday fired five short-range missiles into the sea off its east coast—the latest in a series of launches ordered by leader Kim Jong-un amid rising military tensions. They came just days after the North test-fired two medium-range missiles in what the UN Security Council described as an “unacceptable” violation of UN resolutions. Tensions have ...

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China urges Indonesia to release crew after sea confrontation

Jakarta / AFP A Chinese envoy called on Indonesia on Monday to release eight crew members of a Chinese fishing boat detained during a maritime confrontation, after he was summoned by furious Indonesian ministers. Jakarta says Indonesian vessels were on Saturday trying to detain a Chinese fishing boat operating illegally near Indonesia’s Natuna Islands in the South China Sea, when ...

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