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Lira trades sideways ahead of critical central bank meet

  Reuters Turkey’s lira was little changed on Tuesday, with investors holding back from taking big bets ahead of a central bank meeting later in the day seen as a critical test of its monetary policy credibility. The lira has fallen some 8 percent so far this year, making it one of the worst performing major emerging market currencies. Investors ...

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Bond buyers grab disappearing bank debt ahead of Canada bail-in

  Bloomberg Bond investors are snapping up Canadian bank debt that’s likely to start disappearing under new government rules expected early this year to protect taxpayers from having to bail out a failing financial firm. About C$100 billion ($75 billion) in deposit notes outstanding — senior unsecured bank debt valued for its credit quality, liquidity, and widespread inclusion in portfolios ...

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Ribbons running out for India’s typewriters

  NEW DELHI / AP The end is coming, though admittedly it may not look that way at 10 a.m. on a Tuesday morning, when dozens of young Indians have arrived for morning classes at Anand Type, Shorthand and Keypunch College, and every battered Remington is clattering away. Looking around the cramped classrooms, you might think that the typewriter still ...

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