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Rising truck demand to strain supply chain

Bloomberg Volvo AB boosted its forecast for truck markets in the US and Europe this year as low fuel prices and interest rates push demand, a development that’s expected to put more strain on an already tight supply chain. The shares rose the most in three months. The world’s second-biggest truckmaker raised its expectation for industrywide North American deliveries by ...

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Britain has indeed lost its bearings on Brexit

The leaked UK government forecasts of Brexit’s impact on the economy discusses several scenarios, none of them favorable. But the scariest takeaway was that London still isn’t clear on what kind of deal it’s capable of getting, or what it wants. Almost 600 days have passed since the referendum. The three scenarios discussed in the assessment dated January 2018, are ...

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Trump’s rejection of TPP a disaster

As President Trump prepares to appraise the state of the union, it’s worth remembering what still ranks as one of the worst decisions of his presidency: the withdrawal of the United States from the Trans-Pacific Partnership (TPP). It happened just about a year ago. You’ll recall that the TPP was an agreement between the US and 11 other countries — ...

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