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Android fine may come in mid-July as EU dances around Trump

Bloomberg It’s no secret that Google is set for another round of hefty antitrust fines. The decision could come as soon as July 18, judging by the gaping hole in the European Commission’s calendar the week after US President Donald Trump visits Brussels. But while the size of the penalty will grab the headlines — after last year’s record 2.4 ...

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Trump’s tariff plan is a car crash for Germany

If Donald Trump had his way, the US wouldn’t import any German cars at all. “Build them here!” he barked in a recent tweet threatening 20 percent tariffs on European automakers. No matter that the Germans have invested billions of dollars in US plants and their employees build hundreds of thousands of cars in the country annually, many of them ...

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Chinese money should play by rules

Global worries over trade wars, central bank rate hikes and geopolitical instability have hammered emerging-market debt in recent months. The fact is, over the past decade, many developing and low-income countries have simply borrowed too much. They borrowed from the markets, from banks and from other countries. In particular, they borrowed from China, which has averaged more than $100 billion ...

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