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Britain’s lenders make it harder to borrow money after BOE warnings

  Bloomberg Britain’s major banks are making it tougher for consumers to get unsecured credit, which may slow the pace of lending that the Bank of England has identified as a risk to financial stability. In its Credit Conditions survey, the BOE said its measure of the availability of unsecured credit fell to minus 6.6 in the first quarter, to ...

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Battle to save a dying ‘coal plant’ goes to Washington

  Bloomberg The view from the biggest coal plant in the US West is spectacular: red rock buttes and wide desert vistas that change color with the movement of the sun. Set against this backdrop, the station’s towering smoke stacks seem to disrupt the serenity of the landscape, its three concrete pillars spewing a perpetual stream of heat and gas. ...

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RAK sees 35% growth in Indian visitors

  RAS AL KHAIMAH / Emirates Business Ras Al Khaimah Tourism Development Authority (RAKTDA), which develops the emirate’s tourism infrastructure and initiates its domestic and overseas promotions, conducted a media and trade roadshow in India this week to outline its 2017 strategy for the Indian market. Visitors from India to the emirate in Q1 2017 grew 35 percent, while the ...

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