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Dear Britain, where did it all go so wrong?

Dear Britain, please excuse the rest of us for our sheer disbelief: we were never expecting a constitutional crisis, let alone protests around the country. You are making Italy’s political system look like a model of composure, and that’s not something to be taken lightly. For years, we have admired your parliamentary democracy, with its eccentric rituals and timeless ceremonies. ...

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Taxing short, cheap flights will cut carbon emissions

Germany’s former transport minister (and current senior legislator) Alexander Dobrindt has proposed setting a price floor on air tickets, to eliminate the cheapest offerings from Europe’s ubiquitous discount airlines. The idea probably will be rejected for political reasons, but it’s actually one to consider when it comes to reducing air travel’s climate impact. It’s difficult to tax airline tickets: Taxation ...

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Picking a bank CEO in Europe can be tough!

Picking a new CEO is one of the most important decisions a board can take, yet one that Europe’s banks appear to be intent on flubbing. Lenders are struggling to find successors for the current crop of leaders. Take UBS Group AG. On August 29, the Swiss bank revamped its management board, hiring a star banker from a rival and ...

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