Every country needs an Inflation Reduction Act

By MELBOURNE, Nov 23 (Reuters Breakingviews) – Lawmakers in South Korea blasted the U.S. Inflation Reduction Act as a betrayal. European Union leaders worried it would leave the bloc’s companies at a disadvantage. And big miners like Australia’s Fortescue (FMG.AX) said it left them little choice but to direct a lot of spending to the…

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