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Populist policies that won’t kill growth

  Jean-Michel Paul When they were opposition figures, populists could content themselves with provocative slogans. Once in office they must produce concrete policies. The challenge for them — and for those incumbents trying to hold onto office — is to preserve the real gains of globalization while addressing the concerns of the new radical majority. Here are some policy directions ...

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Saudi lifts mood in regional markets; Egypt holds near 8-year peak

  DUBAI / Reuters Saudi Arabia’s index firmed on Wednesday as blue chips resumed their climb and the positive mood flowed into other Gulf bourses, carrying them higher. Egypt’s market edged up, holding near an 8-year peak as foreign funds remained aggressive buyers. Riyadh’s index bounced 3.0 percent to 6,796 points, closing 93 points over technical resistance at the July ...

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Brexit and dollar batter London stock market

  London / AFP A sharp slowdown in British growth due to Brexit and a rebounding dollar teamed up to jolt London stocks on Wednesday. While London stock market rose modestly ahead of the presentation Britain’s first budget update since the Brexit vote, those gains disappeared after finance minister Philip Hammond told parliament Wednesday that gross domestic product was expected ...

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