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South Africa’s bonds have no patience for time or space

Time and space are wonderful things — except South Africa doesn’t really have the luxury of either. The ruling African National Congress party are trying to smooth the end of President Jacob Zuma’s political career, and decided not to set a deadline for him to respond to their decision that he should leave office. An extended exit has the capacity ...

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The gun business needs this gun-control measure

Two days before the horrific school shooting in Parkland, Florida, that killed 17 people on February 14, Remington Outdoor Co. announced that it was filing for bankruptcy protection. Remington Outdoor is the world’s biggest gun company. In addition to Remington rifles, its brands include Bushmaster, Marlin and DPMS. It is owned by the private equity firm Cerberus Capital Management, which ...

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Japan keeps the right person at the helm of its central bank

It looks like one of the world’s best central bankers will get another term. Reports indicate that Japanese Prime Minister Shinzo Abe will nominate Haruhiko Kuroda for another term as head of the Bank of Japan. The decision to stay the course is just one more sign that things are going right in the Land of the Rising Sun. It’s ...

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