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French president stands by controversial labour reforms

  Paris / AFP French President Francois Hollande said on Tuesday the battle against unemployment was not yet won as he vowed to stick with his controversial attempts to reform the labour market. The reforms have sparked two months of street protests and led to an unsuccessful attempt to bring down the government. But Hollande said he placed the need ...

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Poland’s financial nationalism may be viable

  Poland has avoided a credit rating downgrade from Moody’s, and the latest assessment of its economic policies from the International Monetary Fund is rather mild. Although the nationalist government has drawn a lot of adverse attention lately, it might get away with a version of the financial nationalism that Prime Minister Viktor Orban has implemented in Hungary. On Saturday, ...

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Senegal’s bond move could pay off

  Senegal, one of Africa’s success stories, looks forward to issuing bonds to fund infrastructure development and accelerate growth that’s being driven by surging peanut and rice production. Yet, the global economic slowdown reverberates worldwide and Senegal could be no exception. Economies try to create new money through issuing the government bonds to sustain on-going development process through what is ...

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