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March, 1, 2017

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Business > Europe
The British government announced fresh investment in research and development on Monday, ahead of the first post-Brexit budget which is expected to signal a move away from the previous administration's rigid fiscal targets.
 
Britain's first post-Brexit budget will focus on infrastructure and could spell an end to the previous government's rigid fiscal targets, according to a treasury statement released Sunday.
 
Turkish President Recep Tayyip Erdogan on Sunday warned NATO against sheltering "terrorist" soldiers after Turkish officers in the alliance's command reportedly sought asylum after a failed putsch.
 
A stimulating outlook
A tourist shoots a picture of the skyline from the terrace of a restaurant in Frankfurt, Saturday, Nov. 19. Speaking at a conference in the German city, European Central Bank chief Mario Draghi said the eurozone's tentative recovery remained heavily reliant on the bank's ultra-loose monetary policy, fueling expectations of more stimulus to come. "We cannot be sanguine over the economic outlook," Draghi said.
 
Cutting food waste is an appealing social goal, but experiments in France found that measures to cut the amount of food being thrown out also saved supermarkets money.
 
Poland's lawmakers reversed course on Wednesday and approved a bill that lowers the minimum age for retirement despite questions about financing the new system.
 
Sky-blue diamond, sky-high price
This file photo taken on Nov. 9 shows the Sky Blue Diamond, a fancy, vivid blue diamond ring created by Cartier, during a press preview by Sotheby's Auction House in Geneva. The 8.01-carat diamond was auctioned at the Magnificent Jewels & Noble Jewels auction in Geneva on Wednesday, Nov. 16. It sold for a cool US$17.1 million.
 
France's unemployment rate rose 0.1 percentage points to 9.7 percent in the third quarter after a significant mid-year drop, the statistics office announced Thursday.
 
Maverick Macron enters French presidential race
Thirty-eight-year-old outsider Emmanuel Macron on Wednesday joined an increasingly unpredictable race for the French presidency, vowing to take on "the same men and the same ideas" that dominate national politics.
 
Eurogroup chief Jeroen Dijsselbloem has dismissed as "intellectually impossible" the notion that Britain could retain unfettered access to the European single market while also cutting down on EU immigration.
 
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