Tag: Commodities
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Australia’s Budget “Made In China”
A looming budget announcement in Australia highlights Canberra’s dependence on raw material exports to China for revenue, according to Reuters:Australia’s minority government will hand down its first budget next Tuesday, with revenues hit by natural disasters and a high Australian dollar and little room to spend on populist policies to buy back falling support. What revenues it does hMay 5, 2011 9:15 PM
