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ILO says Portugal needs ‘job-centred’ strategy to tackle crisis - FT.com
"Portugal needs to boost bank lending to small companies and adopt a “job-centred” strategy to tackle “the most critical economic and social crisis” in the country’s recent history, the International Labour Organisation said on Monday. "
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India Shouldn’t Buy What Japan Is Selling - Bloomberg
"An obsession with nuclear power makes many political elites secretive, ruthless and delusional, even as their cherished projects threaten millions of people with disaster. But the egregious examples I have in mind here aren’t Iran, Pakistan and North Korea. They are Japan and India, two countries with democratic institutions. "
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Four killed as Israel targets Gaza tunnel network - FT.com
"Four Palestinians were reported killed and five Israeli soldiers wounded in the bloodiest clash between Israel and the militant Hamas movement in the Gaza Strip since Operation Pillar of Defence last November. "
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Israel launches attacks on military sites in Syria - FT.com
"Israel’s air force attacked two military sites inside Syria on Wednesday evening, US military sources confirmed, marking the latest of several such covert strikes on the country’s northeastern neighbour this year. "
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Energy Boom Drives Demand for Tankers - WSJ.com
"Shipping operators and investors are pouring billions of dollars into building new oceangoing tankers to transport diesel, gasoline and aviation fuel—scrambling to keep up with North America's energy boom. The shipbuilding frenzy is another knock-on effect of an energy revolution unfolding in the U.S. and Canada, where new drilling and extraction technology has unlocked vast new reservoirs of crude oil and natural gas."
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Refining overcapacity hits oil majors - FT.com
"Squeezed margins in the global refining industry are hurting the world’s largest oil companies, as Royal Dutch Shell, Total and ExxonMobil all blamed poor quarterly earnings on a decline in their downstream businesses. "
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Why would one ever want to leave the Middle East? Life is just a little bit richer over here.
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