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Businesses go slow on ‘green’

Bloomberg Companies are second guessing whether to participate in green-bond markets as scrutiny by environmental groups raises the bar on what constitutes a climate-friendly security. After quadrupling in size from 2012 to 2014, lifted by investors tracking environmental performance in addition to yield, the green bond market is expected to slow for a second consecutive year, according to Bloomberg New ...

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Electric supercar wins young Croatian global fame

AFP He’s the name behind the world’s first electric supercar, winning international plaudits for his ingenuity. But for Croatia’s 28-year-old Mate Rimac, it all started as a hobby in his garage. A keen techie since high school, Rimac was racing an old BMW when he blew the engine and decided to turn the car into an electric one starting with ...

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Clinton faces down Sanders, blasts Trump’s ‘bluster’

Flint / AFP With the Democratic presidential nomination in sight, Hillary Clinton sought to repel sharp attacks from party rival Bernie Sanders, while training some fire on Republican frontrunner Donald Trump. “Donald Trump’s bigotry, his bullying, his bluster are not going to wear well on the American people,” Clinton said in a sometimes testy debate with Sanders sponsored by CNN ...

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Brussels for overhaul of EU asylum system

London / AFP Brussels is to propose centralising claims for asylum in the European Union as it struggles to address Europe’s biggest migration crisis since World War II, the Financial Times reported on Sunday. The European Commission will make the proposal as part of a radical overhaul of its refugee policy to be announced at a summit of EU leaders ...

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Indonesian leader holds talks with Sudan’s Bashir

Jakarta / AFP Indonesia’s leader on Monday held talks with Sudanese President Omar Al-Bashir, who has been indicted for war crimes by the International Criminal Court, with Jakarta defending having invited him to a summit of Muslim countries. Bashir met President Joko Widodo and the Indonesian foreign minister briefly on the sidelines of an Organisation of Islamic Cooperation (OIC) summit ...

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Slovak leader begins struggle to keep power after majority lost

Bloomberg Slovak Prime Minister Robert Fico started coalition talks after Saturday’s inconclusive elections, which cost him his majority in parliament, saw two nationalist groups win seats in the assembly, and raised the potential of a repeat vote. Fico’s Smer party won 28.3 percent, below the 44 percent he scored in a 2012 ballot. Voters elected seven other parties into the ...

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N Korea threatens to nuke South-USA military drills

Seoul / AFP North Korea threatened pre-emptive and “indiscriminate” nuclear strikes against South Korea and the United States on Monday, as the two allies kicked off their annual, large-scale military exercises. The drills always raise tensions on the divided Korean peninsula and the situation is particularly volatile this year, given the North’s recent nuclear test and long-range rocket launch and ...

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Syria opposition agrees to attend Geneva talks

BEIRUT / AP Syria’s opposition on Monday agreed to attend a new round of UN-sponsored peace talks set for this week in Geneva after a landmark ceasefire led to a dramatic drop in fighting. The truce between President Bashar Al Assad’s regime and non-extremist rebels, brokered by Russia and the United States, has defied expectations and led to the first ...

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Demolition resumes in Calais as new refugee camp to open

Calais / AfP A second week of demolition was underway on Monday in the Calais migrant camp known as the “Jungle” while France’s first international-standard refugee camp was set to open further along the coast. A group of children tried to offer white roses to the line of riot police holding back migrants and volunteers as workers resumed the dismantling ...

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