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Merkel averts German coalition crisis with migration deal

Bloomberg German Chancellor Angela Merkel halted the immediate threat of a government breakup in Europe’s biggest economy, crafting a plan to tighten migration and keep her Bavarian sister party in the fold. The euro and stocks rose after Merkel and Interior Minister Horst Seehofer, her antagonist who had threatened to resign, ended their two-week standoff. The compromise — which Merkel ...

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May in talks with feuding cabinet on Brexit

Bloomberg Theresa May is holding one-to-one talks with cabinet ministers in an attempt to win their support for her Brexit plan after surprising them with a new proposal for a customs deal with the EU, people familiar with the matter said. May’s efforts to unite her top team come ahead of a crucial meeting of her cabinet at her country ...

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‘Presidential candidate’ seeks third way in Brazil

Bloomberg With Brazil’s politics in meltdown, a softly-spoken, mixed-race woman from a remote Amazonian province believes she can lead Latin America’s largest economy after two failed presidential bids. Marina Silva, a former environment minister born into a poor rubber-tapping family, argues that after years of high unemployment, grinding recession and corruption scandals, Brazilians are hungry for change in the country’s ...

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