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U.K. bans fracking on concerns about Earthquake Risk

Pressure from large-scale environmental protests and widespread public opinion has damped the enthusiasm for the fossil fuel as the U.K. strives to put more climate friendly policies in place. But the industry isn’t giving up. Lobby group U.K. Onshore Oil and Gas plans to demonstrate that companies can operate safely and in an environmentally friendly manner.

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India pulls out of RCEP, paves way for 15 nations to sign China-backed deal

India conveyed its decision to exit the Regional Comprehensive Economic Partnership, or RCEP, foreign ministry official Vijay Thakur Singh told reporters in Bangkok on Monday. Prime Minister Narendra Modi highlighted that he was guided by the impact it would have on the lives and livelihoods of all Indians, especially vulnerable sections of society, she said.

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Led by India, South Asia moving towards becoming center of global growth: IMF

Under a substantial liberalisation scenario, supported by stepped-up efforts to improve infrastructure and successfully harness South Asia’s young and large workforce, the region could contribute about one-third of global growth by 2040, argues the IMF paper ‘Is South Asia Ready for take Off? A sustainable and inclusive growth agenda,’ to be released in New Delhi on Monday.

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