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ΑUSTRALIA

AUSTRALIA

Small business asset tax break extended

The instant asset write-off for small businesses will be extended to June 30, 2020 and lifted to cover purchases of up to $25,000. Small businesses will get an extra tax break with the Morrison government

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Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey

Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official

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VLADAMIRE PUTIN

How Putin rebuilt Russia into a global power

Many wonder how the Russian economy manages to stay afloat under numerous sanctions, maintain low debt levels, and even outperform the West in certain production sectors. Following the collapse of the Soviet Union, Moscow—a once-great

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