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Catalan separatist victory fails to calm struggle with Spain

Bloomberg Deposed Catalan President Carles Puigdemont demanded the Spanish government recognise his victory in regional election and drop an arrest warrant, to let him end a self-imposed exile in Belgium and return to power. Prime Minister Mariano Rajoy refused. He said only the courts could deal with arrests and if he should meet anyone, it’s the head of the pro-Spain ...

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Trump’s $1.5trn bribe

What I most dislike about the Trump/ Republican tax plan is the shameless cynicism with which it has been peddled. Recall how it works: The government borrows $1.5 trillion over a decade and instantly uses that money to cut taxes for major constituencies — workers, families, small businesses and big companies. The handouts aim to buy votes. This is borrowing ...

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What online retailers hate about holiday shopping

For retailers, December isn’t just the holiday shopping season. It’s also holiday return season, when consumers decide to send back all the stuff that didn’t fit, work or meet expectations. It’s an expensive ritual. According to the National Retail Federation, returns account for around 8 percent of total annual retail sales. Online retailers face an even heavier burden, with returns ...

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