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Greece still hasn’t turned the corner

Greece returned to the private debt market this week for the first time in years, raising 3 billion euros at a relatively affordable interest rate of 4.6 percent. That’s encouraging news — but it doesn’t mean the euro zone’s most flattened economy is on course for sustained growth. The economy is showing signs of life, growing a bit in the ...

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Trump’s Twitter habit destabilizes the world

Like the rage of Achilles, Donald Trump’s tweets are sudden, explosive and freighted with tragedy. Yesterday brought the most foreboding yet. “After consultation with my Generals and military experts, please be advised that the United States Government will not accept or allow……” And then: nothing. For a full nine minutes, the world was left to ponder what those ominous six ...

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Why Uber is losing out to locals in Southeast Asia

By any measure, the April 2016 decision by Uber Technologies Inc. to sell its China operations to rival Didi Chuxing was a defeat. The brief but spectacular battle between the two ride-hailing behemoths had cost Uber at least $2 billion and earned it little more than the enmity of the Chinese government. The only silver lining seemed to be that ...

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