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Danish growth saved in Q1 by inventory build-up

Bloomberg Denmark’s economic expansion was saved in the first quarter of the year by a build up in inventories. Danish output expanded at a quarterly rate of 0.6 percent, twice as fast as estimated by economists surveyed by Bloomberg. The annual rate was 2.2 percent, according to preliminary data from Statistics Denmark. Private consumption, which accounts for almost half of ...

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Are Americans on the road to impeachment?

I am not a big or even a little fan of President Donald Trump. Many of his policies strike me as undesirable, some in the extreme. His background and temperament have not prepared him for the presidency. He is largely ignorant of many issues he must face. And yet, for all this, the idea of impeaching him and removing him ...

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Singapore’s puny 1MDB fine won’t fool Credit Suisse

Tidjane Thiam got away with a fine of half a million dollars, or just 0.009 percent of what he paid the Americans late last year. Yet the Credit Suisse Group AG CEO won’t be fooled by Singapore’s apparent leniency. Tuesday’s gentle rap concludes a two-year investigation by the city-state into banks that, knowingly or otherwise, helped facilitate an elaborate scheme ...

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