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Trump as USA prez would curb inward investment: Survey

  Bloomberg Foreign corporations would dramatically scale back their plans to invest in the U.S. if billionaire Donald Trump is elected president, according to a survey conducted in January for global management consulting firm A.T. Kearney. The election of a populist such as Trump or Vermont Senator Bernie Sanders would prompt fewer companies to increase their spending in the U.S. ...

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Slowdown hits home in South America’s wealthiest economy

  Bloomberg Chile’s jobless rate rose more than expected in the first quarter as two years of sluggish growth finally caught up with the labour market, signaling stronger headwinds for South America’s wealthiest economy. Unemployment rose to 6.3 percent from 5.9 percent in the month-earlier period and from 6.1 percent the year earlier, the statistics agency reported, compared with the ...

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Brazil’s $2 billion intervention makes Real world’s worst loser

  Bloomberg Brazil’s real led losses among its most-traded peers as the central bank intervened to weaken the currency in a bid to slow this year’s rally and support exporters. The real dropped 1.9 percent to 3.5017 on Monday, making it the world’s worst-performing currency after Libya’s dinar. The loss came after the monetary authority sold 40,000 reverse swaps, a ...

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