November, 2019

• 13 November

  Pakistan gas giant to start zinc exports amid shift from fuel

  

  Bloomberg Pakistan Petroleum Ltd (PPL) is looking to begin zinc and lead exports from next year as the nation’s largest gas explorer moves away from the fuel after a decade of zero growth in domestic production. The oil and gas explorer aims to boost revenue from its mining business to $100 million annually within three years, CEO Moin Raza Khan said. ...

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• 13 November

  Army deploys in Lebanon as plea to protesters backfires

  

  Bloomberg The Lebanese army deployed heavily across the country and banks and schools remained shut for a second day as protesters incensed by a call to go home began to converge on the presidential palace. Life in much of Lebanon ground to a halt a day after President Michel Aoun told anti-government demonstrators to disperse or else they’d risk the ...

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• 13 November

  Pinera calls for peace as Santiago rocked by riots

  

  Bloomberg Chile’s President Sebastian Pinera called for a national agreement on peace and a new constitution as security forces struggled to control riots across central Santiago. Speaking from the presidential palace, close to the disturbances, Pinera asked political forces and social organisations to unite around peace and social justice. “This situation needs to end and it needs to end now,” ...

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• 13 November

  Pro-China veteran’s Taiwan vote bid deals blow to Beijing

  Bloomberg A veteran China-friendly politician joined the race for Taiwan’s presidency in a potential blow to Beijing, ramping up the pressure on its preferred candidate as he struggles to reinvigorate a flagging campaign to unseat President Tsai Ing-wen. People First Party Chairman James Soong announced that he plans to make a fourth bid for Taiwan’s presidency at a briefing in ...

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• 13 November

  Trump impeachment hearings begin

  

  Bloomberg Donald Trump’s attempts to pressure Ukraine was expected to be scrutinised in a historic public forum on Wednesday as the House opens impeachment hearings that will pit him against Intelligence Committee Chairman Adam Schiff, who is tasked with making the case to remove the president from office. Trump has so far been able to count on the support of ...

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• 13 November

  US to revisit Greenland in meeting with Danes

  

  Bloomberg Three months after Donald Trump’s efforts to buy Greenland were rebuffed, talks targeting the island are being resumed, this time with a focus on investments and security. US Secretary of State Mike Pompeo was expected to meet with Danish Foreign Minister Jeppe Kofod in Washington on Wednesday to discuss the strategically important Arctic territory. “We want the Arctic to ...

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• 13 November

  Schools in Hong Kong shut for first time as protests rage

  

  Bloomberg Hong Kong officials and Chinese state media warned of consequences if violence continued, as a third-straight day of protests disrupted traffic across the city and the government announced for the first time that it would close public schools. The government remained confident in its ability to contain the chaos, Chief Secretary Matthew Cheung — the city’s No. 2 official ...

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• 13 November

  Germany won’t enlist in Macron’s European army

  

  Now that German leaders have responded to French President Emmanuel Macron’s provocative remarks concerning the future of the North Atlantic Treaty Organisation (Nato), an unusually wide public rift has emerged between France and Germany. At its root, it’s about France’s leadership ambitions, to which Germany is opposed without itself wanting to lead. “We do want a strong and sovereign Europe,” ...

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• 13 November

  2020 economy should feel a lot better

  

  The economy has battled a lot of headwinds during the past year. Trade wars. The lagging impact of the Federal Reserve’s interest-rate hikes. A government shutdown. The good news is that with those hiccups mostly out of the way, the economy may be poised for better performance in 2020. The easiest way to show this might be the example of ...

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• 13 November

  Buying the stocks at record highs works until it doesn’t

  Those who bought stocks as they soared to new records last week amid rising optimism for a trade deal are probably suffering buyer’s remorse after President Donald Trump said the US hasn’t agreed to a rollback of tariffs on China. Are those regrets warranted? As the Dow Jones Industrial Average, S&P 500 Index and Nasdaq Composite Index all set new ...

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