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Zuma’s trial carries peril for S Africa’s ANC

Bloomberg Former South African President Jacob Zuma’s prosecution for graft appears at first glance to be a victory for the anti-corruption campaign of the nation’s new leader, Cyril Ramaphosa. Yet it also carries risks for his ruling African National Congress. Not only will a drawn-out trial be a constant reminder to voters that he was enmeshed in scandal for most ...

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Abe’s popularity plummets to record low in Japan polls

Bloomberg Japanese Prime Minister Shinzo Abe saw his support tumble in weekend opinion polls as anger continues to rise over a cronyism scandal. Two of the polls — conducted separately by the Asahi newspaper and NNN news network — showed public backing for Abe had fallen to its lowest level since he took office in 2012. They were conducted after ...

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‘Huge’ trade deficits are smaller than you think

There are many good economic reasons why President Donald Trump is wrong to obsess over the US trade deficit with China. One is that this bilateral deficit isn’t as severe as he thinks — and, in any case, the structural factors that caused the imbalance in the first place are changing. Before launching a US-China trade war, the White House ...

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