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German exports drop to lowest since 2012

Bloomberg German exports fell the most in more than five years at the start of 2018, holding back growth in Europe’s largest economy. A breakdown of first-quarter gross domestic product data showed foreign sales fell 1 percent, the most since 2012. Imports also declined, and net trade knocked 0.1 percentage point off GDP. “The drop in exports could be a ...

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UK too reliant on EU to keep its lights on

Bloomberg The UK should reduce its reliance on huge cables that carry electricity to and from Europe to ensure that the lights stay on. The government is overlooking the risks of relying on supplies that may not materialise, according to a report by Oxford, England-based Aurora Energy Research Ltd. Electricity on interconnector cables flows to where prices are more expensive, ...

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Moon, Kim discuss ‘summit’ as Trump signals optimism

Bloomberg The leaders of North and South Korea met for two hours Saturday to discuss the canceled summit with Donald Trump, less than a day after the US leader signaled the meeting may be back on citing “very productive” talks between the two countries. South Korea’s Moon Jae-in and North Korean leader Kim Jong-un, in a surprise move, spent two ...

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