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It’s not a Trump boom, it’s an oil and gas boom

President Donald Trump has gone so far as to suggest that he possesses “a magic wand” capable of producing unexpectedly robust economic growth. I don’t know about a magic wand. But Trump is right about the strong economy: This is a genuine boom. And the greatest threat to it is the president’s policy agenda. First, give credit where it is ...

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Why India should let its citizens’ data roam free

India has a long history of drafting laws to protect its companies. In the process, Indians themselves often suffer. That’s precisely what will happen if the government proceeds with plans to force companies doing business in India to store all customer data locally. The first salvo in this campaign was fired in April, when the Reserve Bank of India (RBI) ...

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Bankers can’t tilt at merger windmills

Let European banks merge – in the name of the resistance. That was the unspoken message from former Deutsche Bank AG CEO Josef Ackermann, who told Bloomberg Television that US banks’ global dominance in the era of Donald Trump should stir Europe’s banks into joining forces and gaining scale. He urged regulators to help. As if on cue, more names ...

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