Thailand has downgraded diplomatic relations with Cambodia and recalled its ambassador after a landmine incident injured a Thai soldier on the disputed border, leading to a formal protest and closure of border checkpoints. The ongoing territorial dispute, marked by past military clashes and retaliatory measures, has further strained relations, affecting trade and prompting Cambodia to announce civilian conscription.
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Housing market recovery stalled, council rates will continue rising, new ANZ economic report finds
The ANZ property focus report indicates that the anticipated recovery in the housing market has stalled as both sales volumes and prices declined in June, with the REINZ house price index falling 0.3%. Additionally, increasing territorial authority rates are contributing to ongoing inflation concerns. Want More Context? 🔎
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