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International tourists are US’s renewable resource

President Donald Trump has made clear his view that the US doesn’t need any more immigrants. The mystery is why a veteran of the hospitality business would be so inhospitable to tourists, traveling executives, students and other visitors. Consider the State Department’s ill-advised plan to impose new screening requirements on the roughly 14 million people who apply each year for ...

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Is India’s oil addiction again undermining its economy?

From about the beginning of 2017, even skeptics had to admit, India looked to be recovering from a growth slowdown. Most dramatically, in the last two quarters for which data is available, investment in physical capital — which had long been too low for growth to recover — increased by 12 percent and 10 percent, respectively. In the first two ...

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SoftBank sans telcos means Masayoshi has little to offer

Finally. Get used to hearing that word a lot when people talk about the merger of Sprint Corp. and T-Mobile US Inc. For SoftBank Group Corp. and its founder Masayoshi Son, that sigh of relief also needs a rejoinder: now what? In addition to successfully selling his unprofitable US telco, Son this year is on track to list the company’s ...

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