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Solberg solidifies grip on Norway as liberals join government

Bloomberg Norwegian Prime Minister Erna Solberg strengthened her power base as the Liberal Party agreed to join her minority coalition. The new government will be built on a “broader center-right platform,” Solberg said at a televised press conference in Moss, south of Oslo. “We are seeing more polarized landscape in many countries with parties refusing to take responsibility,” she said. ...

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Trade and central banks are bane for investors

US President Donald Trump has been relatively subdued over the last few months when it comes to trade, a period that roughly overlaps with the time it took to pass tax reform. He was under pressure to keep quiet about it during the tax negotiations, but 2018 is likely to bring a very different Trump. This “economic nationalism” stuff is ...

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Cutting debt is best blue-chip passport for China’s developers

The world’s three largest credit-ratings companies have a bit of catching up to do. Eight high-yield developers listed in Hong Kong should now be investment grade, according to Bloomberg’s default risk model, which uses market inputs such as debt outstanding, interest expenses and operating cash flow to calculate the probability of firms reneging on their obligations in the year ahead. ...

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