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Italy’s scary parallel currency threat

It’s hard to think of a more important question for the future of the euro than how committed Rome really is to the single currency. Italy is the third-biggest economy in the monetary union, and had the bloc’s largest public debt in absolute terms last year. The League and the Five Star Movement, which have run the country in coalition ...

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The best way to boost electric cars in China

In China, the most talked-about and coveted feature associated with Tesla Inc.’s new China-made Model 3 electric vehicle isn’t the car’s high performance, sleek design or semi-autonomous capability. It’s the license plate — which should tell advocates hoping to move the world’s drivers off fossil fuels something. The recent buzz is the result of a misunderstanding. A social media post ...

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Don’t ask the Fed to manipulate dollar

An old debate looks poised to make one of its frequent comebacks: How much, if at all, should the Federal Reserve concern itself with the value of the dollar? Oddly enough, it’s a question on which President Donald Trump and Senator Elizabeth Warren seem to agree. Warren proposed “aggressive intervention on behalf of American workers” and, in particular, “more actively ...

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