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Zimbabwe’s ousted VP flees after ‘threats’

Bloomberg Former Zimbabwean Vice President Emmerson Mnangagwa fled the southern African nation because of “incessant threats” against him and his family two days after he was fired by President Robert Mugabe. Mnangagwa said in a statement that he never planned to harm Mugabe, who he’s been supporting for more than four decades, and pledged to work to establish a “new ...

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Slovenian president set to beat ex-comic in election runoff

Bloomberg Slovenian President Borut Pahor has one obstacle on his path to re-election: a comedian-turned-mayor who vows to shake up the political establishment and replace the head of the central bank. Pahor, a former Social Democrat prime minister, is set to win Sunday’s runoff with more than 56 percent of vote, a poll by Episcenter conducted for the Delo newspaper ...

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Connection between tax cuts, growth is sketchy

“Do we have any historical evidence that lowering tax rates, particularly among the richest strata, generates economic growth, as the Republicans always predict? Has this ever worked?” —A reader The answer is ‘no.’ As Congress tackles “tax reform,” we really don’t have conclusive historical evidence of the relationship between tax rates and economic growth. To be sure, studies abound, but ...

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