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Trump’s deportation policy stands to drive up farm wages

  Bloomberg Across America’s orchards and crop fields, a shrinking supply of migrants has already driven pay up faster than in the broader workforce. President Donald Trump’s immigration policy may turbocharge that trend. Wages for US fieldworkers rose 36 percent over the past decade through the conclusion of last year’s harvest in October, compared with 27 percent among non-farm employees, ...

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Glencore hunts among US grain traders for next takeover

  Bloomberg After striking deals in Russian oil and Congolese copper mining, Glencore Plc has set its sights on the US grain-trading industry. The company sold half of its agriculture division to two Canadian pension funds for $3.1 billion last year to fund an aggressive debt-reduction plan. Now, with cash levels rebounding and support from new partners for acquisitions, the ...

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Luxury London home sales at risk as wealthy shun UK visas

  Bloomberg The number of wealthy people granted investor visas to live in the UK fell by more than 80 percent last year from the peak in 2014, a sign that luxury home sales in the capital may slump further. While so-called Tier 1 investor visas rose 12 percent in 2016, the total granted was just 215, according to government ...

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