Tag: Regional economy
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Glencore bailout: Australian taxpayers fund Mount Isa copper operations
Overview: A government-backed lifeline for copper assets Australian taxpayers are providing a multi-year rescue package to Glencore to keep two critical copper processing facilities operational in Queensland: the Mount Isa Copper Smelter and the adjoining Townsville Refinery. The deal amounts to a $600 million bridging support from both federal and state governments, with a 50/50…
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Budget Balancing in Jura: 2026 Plan Sees Moutier Join the Canton’s Finances
Context: A Budget in a Delicate Balancing Act The Jura canton is navigating a long arc of restraint and reform as it presents its 2026 budget. Despite successive savings plans, the finances remain under pressure, with a deficit of 16.2 million francs forecast for the year ahead. The budget was unveiled Thursday in Delémont, highlighting…