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Europe’s wheat reserves shrinking to lowest in decade

  Bloomberg Europe is likely to end the wheat season with the smallest stockpiles in 13 years. Inventories of wheat held in the European Union will probably plunge 37 percent to 10.1 million metric tons at the end of June, according to Tallage SAS, publisher of the Strategie Grains report. The combination of a poor harvest, strong consumption and higher-than-expected ...

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London housing market in worst slump since financial crisis

  Bloomberg London’s housing market is in its worst slump since the depths of the financial crisis eight years ago, part of a broader slowdown that may continue. The Royal Institution of Chartered Surveyors said its price balance for the city fell to the lowest since February 2009 last month. It declined to minus 49, indicating that a greater percentage ...

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How middle-class US got fleeced of its wealth

  If you’re a middle-class American baby boomer or Gen Xer, you might have spent much of the past decade wondering what went wrong. If you’re a boomer, there’s a good chance you’re still working well after you thought you’d retire: And if you’re part of Generation X, you’re probably less wealthy than your parents were at the same age. ...

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