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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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This ambulance makes dreams of hospice patients come true

  Mainz / AP A terminally ill woman’s dearest wish was to see her favourite soccer team play one last time. The woman, in her mid-50s, had suffered a heart attack and an infection of the abdominal cavity. Her hospice room was covered in football scarves and posters of German club FC Kaiserslautern. Thanks to the Workers’ Samaritan Federation (ASB), ...

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