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Canada adds wage gains to stellar jobs performance

Bloomberg Canada’s labor market continued surprising in May, with a greater-than-expected 54,500 jobs gain that also finally came with signs of a pick-up in wages. The employment gain — the third biggest one-month increase in the past five years — was driven by the addition of 77,000 new full-time jobs, which offset falling part-time employment. Economists had forecast a 15,000 ...

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Are we ‘present at the destruction’?

Seventy years ago on Monday, Secretary of State George Marshall delivered a Harvard commencement day address that became the framework for what we call the ‘Marshall Plan’ for European recovery. It’s a cruel anniversary this year, as we watch President Trump dismember the world order that Marshall and his colleagues helped build. Dean Acheson, one of Marshall’s colleagues and his ...

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Trump’s Paris exit dims prospects for Indian solar power sector

With Donald Trump pulling the US out of the Paris climate accord, China and India will have to shoulder the burden of keeping a lid on global warming. But even if the two most-populous nations are willing to take up the mantle, their ability to pull it off is uncertain. India’s solar industry offers a case study. Thanks to a ...

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