France Is Running Out of Butter for Its Croissants

November 4, 2017

France’s much-loved croissant au beurre has run up against the forces of global markets. Finding butter for the breakfast staple has become a challenge across France. Soaring global demand and falling supplies have boosted butter prices, and with French supermarkets unwilling to pay more for the dairy product, producers are taking their wares across the border. That has left the French, the world’s biggest per-capita consumers of butter, short of…

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Singapore Will Stop Increasing Car Numbers From February 2018

October 30, 2017

Singapore, among the world’s most expensive places to own a vehicle, will stop increasing the total number of cars on its roads next year. The government will cut the annual growth rate for cars and motorcycles to zero from 0.25 percent starting in February, the transport regulator said on Monday. “In view of land constraints and competing needs, there is limited scope for further expansion of the road network," the…

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Hungary Orders Spies to Target Soros Empire

October 30, 2017

Hungarian Prime Minister Viktor Orban renewed his assault on George Soros, instructing his intelligence services to map what he described as the networks run by the billionaire financier’s “empire” targeting his country. Intelligence agencies will help evaluate what he sees as efforts by Soros to get Hungary punished by EU institutions pursuing a “mixed-population” continent, Orban said in an interview with Kossuth Radio on Friday. Orban, who is the favorite…

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Steel Firm Faked Data for Metal Used in Planes and Cars

October 15, 2017

The industrial scandal engulfing For a Gadfly commentary on the fallout, click here To see the responses from some of Kobe Steel’s clients, click here Kobe Steel materials were used in Hitachi trains exported to the U.K.’s Agility Trains, according to Hitachi spokesman Masataka Morita. The trains haven’t started operation yet. Materials were also used in East Japan Railway Co., Central Japan Railway Co. bullet trains in Japan, he said,…

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China’s Fossil Fuel Deadline Shifts Focus to Electric Car Race

September 13, 2017

China will set a deadline for automakers to end sales of fossil-fuel-powered vehicles, becoming the biggest market to do so in a move that will accelerate the push into the electric car market led by companies including BYD Co. and BAIC Motor Corp. Xin Guobin, the vice minister of industry and information technology, said the government is working with other regulators on a timetable to end production and sales. The…

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