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Debt crisis threatens New Caledonia two years on from riots

President Milakulo Tukumuli has travelled to France to secure fresh funding to prevent 40,000 New Caledonians from becoming "pensionless" within a few months. But the new assistance comes on the condition the territory would undertake "urgent reforms" to reduce spending.

Debt crisis threatens New Caledonia two years on from riots

We haven't written up this one. ABC News AU has the full story — the link below goes straight to it.

Read the original at abc.net.au →

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