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The ECB can’t afford to risk a taper tantrum

  With inflation in the euro zone starting to show signs of life, European Central Bank watchers are beginning to speculate about when quantitative easing might taper off. Germany’s Bundesbank, which has been uncomfortable with the bond-buying program from the get-go, is likely to be a leading advocate of scaling back purchases. But there are significant risks to moving too ...

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China is poised to win most if the US withdraws

  Both Hillary Clinton and Donald Trump have made clear, to varying degrees, that they’re suspicious of big free-trade agreements. Trump has gone further and questioned some of America’s most durable and valuable relationships with other nations. While some of this can be dismissed as campaign rhetoric, the consequences of such talk are far-reaching. At a time of major economic ...

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SABIC profit boosts Saudi, Qatar hit by weak earnings

  Reuters Saudi Basic Industries (SABIC) helped lift Riyadh’s stock market on Wednesday after it reported a third-quarter net profit at the top end of forecasts, but a loss at Qatar’s third- largest bank dragged that market lower. Egypt slid for a fourth straight session. Riyadh’s stock index rebounded 1.1 percent, ending three days of declines and trimming its loss ...

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