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India vows to ignore Trump’s Iran sanctions

Bloomberg President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers — and a strategic partner of the US — plans on ignoring them. India, a long-time buyer of oil from both Iran and Venezuela, only complies with UN-mandated sanctions and not those imposed by one country on another, said foreign ...

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‘EU must reinvent itself for UK to rejoin’

Bloomberg The European Union must reconstruct itself to protect its economies from euro-area contagion and attract the UK back after Brexit, investor George Soros said. “The economic case for remaining a member of the EU is strong, but it will take time for it to sink in,” Soros said in a speech in Paris on Tuesday. “During that time the ...

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Trump tax cut is a gift ‘that keeps on giving’

White House officials, back in December, widely criticized the Joint Committee on Taxation’s estimate of the cost of the soon-to-be passed tax cut. But if the first three months are any guide, the tax cut will end up being considerably more generous, not less, to corporate America than the committee and others forecast. How much? At least $300 billion, and ...

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