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Indonesia has decided that state-owned oil and gas firm Pertamina will take over the Rokan block, in Riau, from Chevron when the US energy firm’s operating contract expires in 2021. www.shutterstock.com

Pertamina gets Rokan oil block from Chevron. What does this tell us?

The recent Rokan block deal signals a shift to a more nationalist agenda, but Indonesia's government is still pursuing other more outward-looking economic policies.
A 1792 painting by artist James Gillray portrays the Macartney Embassy mission to China, when the British ambassador was rebuffed by the emperor after offering western goods. There are parallels in Chinese history to Donald Trump’s isolationism. British Museum/1868,0808.6228

Lessons in Chinese history as America shuts off from the world

China turned inward during the Industrial Revolution after being a economic powerhouse for thousands of years. There are lessons about the dangers of Donald Trump's isolationism in Chinese history.
When details started leaking late Wednesday Malcolm Turnbull quickly declared its proposed model had been rejected. David Mariuz/AAP

Turnbull government says no losers in its new GST carve-up plan

The government's plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was "at least the equal of NSW or Victoria, whichever is higher".

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