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Algeria’s ruling party supports protesters

Bloomberg Algeria’s ruling party on Wednesday voiced support for protesters demanding the country’s embattled president step down, in the latest signal of growing rifts within the ruling powers. In comments carried by Algerian television, National Liberation Front chief Moued Bouchareb said Abdelaziz Bouteflika “understood the popular protests and its demands.” A statement issued by the party’s brass after a testy ...

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US campaign against Huawei must survive the trade deal

The US-led campaign against Huawei Technologies Co., China’s telecom giant, has attracted a lot of attention for the indictment of the company’s chief financial officer, Meng Wanzhou. Last week, Huawei’s lawyers pleaded not guilty in a New York federal court to 13 counts of fraud involving an elaborate scheme to violate US sanctions against Iran. That case is no doubt ...

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BOJ gets extra innings to hit a single

Haruhiko Kuroda is miles from where he wants to be. About 200 miles. That’s the distance from Tokyo to Nagoya, where the Bank of Japan governor gave a very upbeat speech last year. Some interpreted those remarks as laying the groundwork for a shift from the ultra-accommodation that’s been the central bank’s trademark. In terms of monetary policy, Nagoya might ...

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