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FEAR & GREED | Business News
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The US President Visits Papua New Guinea
China's manufacturing activity contracted in April as global demand for good slow load and Communist Party leaders warned that a post-COVID recovery yet to gain solid footing. Not exactly good news for Australia, which of course produces loss of iron ore for the steel that goes into many of the factories. US President Joe Biden and Indian Prime Minister Narendra Modi will visit Papua New Guinea this month to attend a meeting of Pacific leaders. First time ever, US President has visited PNG, or at least a sitting US President.
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