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Ørsted views zero-subsidy bid as a lottery ticket

Monday night, Vattenfall won the rights to install two Dutch offshore wind projects, and the business model for these projects seems to indicate that the firm is stumbling in the dark, says Ørsted's Wind Power CEO.

Photo: Windpark Noordostpolder

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IMF warns of trade war and expensive financial markets

Although risks are emerging due to a trade war, political unrest in the EU and inflated financial markets, the global recovery has not yet lost its momentum, says the International Monetary Fund in an update to its April forecast.

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