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Why Uber has lost its license in London

London first banned Uber under its buccaneer of a founding chief executive officer, Travis Kalanick — and now for a second time under Kalanick’s successor, Dara Khosrowshahi, who was meant to be the adult in the room. Though the ban won’t be a popular decision among Londoners and many will call it disproportionate, it shows Uber Technologies Inc. has more ...

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Trump is scaring away some foreign students

The number of new international students at US universities fell for the fourth academic year in a row in 2018-2019. But only by a little bit (the new-student number was 0.9% lower than the previous year’s). These data, released by the Institute of International Education, shed a little more light on the question whether the policies and rhetoric of President ...

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A model economy has stopped to drink its own ‘kool-aid’

Australia is edging closer to needing a dose of extra stimulus if it’s to retain its status as the magical land where recessions don’t happen. That juice may take the form of quantitative easing — a once-unthinkable step for a country with a historical preference for budget surpluses and an economy that’s expanded continuously for 28 years. After four quarters ...

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