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The Euro’s parity party is on hold

  It’s been two years since the European Central Bank decided to combat the region’s economic woes by expanding the supply of money, buying bonds and slashing interest rates to nothing. The moves effectively debased the euro, prompting a chorus of investors and strategists to opine that the shared currency would soon tumble to parity with the dollar for the ...

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The risks of ‘Brexit means Brexit’

On Tuesday, UK Prime Minister Theresa May set out her fullest account yet of her aims in the forthcoming Brexit negotiations. Greater clarity was overdue, and welcome — but with it comes a clearer understanding of the enormous hazards Britain faces as this process moves forward. May said, “What I am proposing cannot mean membership of the single market.” That ...

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IS Trump-Putin mutual admiration an asset

  World is waiting to see where the mutual admiration between President-elect Donald Trump and Russian President Vladimir Putin will proceed to. Will this wooing translate into a long-term courtship? Trump called Putin smart guy. The Republican said, “if Putin likes me, it’s an asset.” Trump also initially out-rightly rejected the intelligence agencies’ findings about Russian hacking and called it ...

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