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Reunited immigrant families face difficult choice

Bloomberg Escaping gruesome violence at the hands of police and gangs in Honduras, a mother and her daughter arrived in the US on June 8 near McAllen, Texas, and turned themselves in to federal agents. They were then separated and held in custody 1,555 miles apart, according to court filings. The 12-year-old daughter is now among a couple thousand migrant ...

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‘Privatisation champion’ quits Brazil’s vote race

Bloomberg The Brazilian presidential candidate with the most enthusiasm for privatising state assets quit the race, saying he had fulfilled his duty as a citizen. Flavio Rocha, the former chief executive officer of retail giant Riachuelo and candidate for the Brazilian Republican Party, had about one percent of vote intentions. “I am convinced that I helped inspire” entrepreneurs or those ...

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Why aren’t wages rising?

It’s a mystery. The US economy seems strong. Since the nadir of the Great Recession, employers have added about 19 million workers. The unemployment rate is 4 percent, near the lowest level since 2000. By standard economic theory, the strong demand for labour should be pushing up wages. But that isn’t happening. Wage gains of 2.7 percent roughly match inflation. ...

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