Russian oil-and-gas companies have bought up large chunks of energy industries in eastern Europe and are trying to buy more.

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Some industries and regions in the west would suffer disproportionately from eastern competition.

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Part of the answer, according to the Turkish authorities, is that it occurred in the country's most densely populated region, whose industries draw thousands of migrants from the poorer central and eastern parts of Turkey every year.

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Meantime their Black Country counterparts, chaired by the managing director of Hadley Industries Stewart Towe, chose a 226 acre site on the north eastern outskirts of Wolverhampton near the M54.

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In the advanced economies of America and Europe, today's chief economic worry is that jobs and industries will be lost to new competition from Asia, Latin America and Eastern Europe.

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