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The healing of democracies starts at home

The alliance of democracies is back. Moreover, its principal goal is to counter China. These were the big themes of Joe Biden’s recent trip to Europe. The desire to revive US alliances after the Trump era makes sense. But the new focus carries risks. Jeffrey Sachs of Columbia University has …

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Britain prepares for new wave of nuclear decommissioning

At Dungeness B nuclear power station on a remote stretch of the Kent coast in south-east England, workers are making preparations to carefully remove thousands of radioactive fuel elements from its reactors and transfer them to a purpose-built pond for at least 90 days for cooling. The spent fuel will …

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Bitcoin sinks below $30,000 as China crackdown deepens

© Reuters. A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration By Alun John, Andrew Galbraith and Tom Wilson LONDON/HONG KONG (Reuters) -Bitcoin strained on Tuesday to climb away from a two-week low touched a day earlier when China’s central …

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Channel 4 reports record £74m surplus after cost-cutting drive

Channel 4 executives have warned ministers against harming its public mission with an “irreversible” privatisation, as the UK broadcaster reported its best ever financial results in 2020 after cutting spending on shows. The government will imminently launch a consultation on the ownership and remit of the commercially funded but state-owned …

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South Africa to revamp ailing port system, says Ramaphosa

© Reuters. FILE PHOTO: President Cyril Ramaphosa delivers his State of the Nation address in parliament in Cape Town, South Africa, February 11, 2021. Esa Alexander/Pool via REUTERS CAPE TOWN (Reuters) – South Africa’s National Ports Authority (NPA) will operate as a stand alone business under the aegis of state-owned …

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