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(Bloomberg) -- Australia is on track to close twin deficits that were once seen as the Achilles heel of its small and open economy. Yet the dramatic turnaround is probably not what the Reserve Bank is after. Economists surveyed by Bloomberg expect a current-…

North Korea's parliament has approved changes to the country's constitution to solidify leader Kim Jong-un's role as head of state, official state media said on Thursday. The move comes after Kim was formally named head of state and commander-in-chief of the…