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On energy, the world is asking wrong questions

To adapt Thomas Pynchon, if the wrong question is asked, the answer doesn’t matter. Today, the world seems to be consciously framing its energy problems in a way that avoids the right questions, and thus true solutions. Human advancement is intrinsically linked to the development of motorized power driven by fossil fuels. Unfortunately, the resource itself is finite and has ...

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Brexit worry hits pound; Europe stocks extend gains

Bloomberg The pound sank with gilt yields as Britain’s central bank governor underlined his dovish stance in the face of Brexit. European stocks rose a third day amid a bullish mood for equity investors, and the dollar was steady as this week’s stream of Fed speakers continued. The UK currency weakened a second day as Bank of England Governor Mark ...

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Asia shares approach 2017 high after US stocks hit record

Bloomberg Asia stocks headed for a third day of gains after the S&P 500 Index rose to a fresh record high and a Federal Reserve official’s comment that US expansion has “a long way to go” boosted confidence in the world’s biggest economy. The MSCI Asia Pacific Index advanced 0.1 percent to 155.37 as of 4:55 p.m. in Hong Kong, ...

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