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Donald Trump’s debt to the financial crises

    Mark Whitehouse Do we have the 2008 financial crisis to thank for Donald Trump’s election as U.S. president? More than a century of human experience suggests it’s a real possibility. Trump’s surprise victory has prompted a lot of worrying about the wave of antiestablishment — and often xenophobic — sentiment that seems to be rolling across the developed ...

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Saudi sags on profit taking, Egypt conquers 8-yr high

  DUBAI / Reuters Stock markets in the Gulf diverged on Monday with Saudi Arabia’s index cooling for a third session as investors book profits on lofty prices while Abu Dhabi rebounded slightly. Egypt hit yet another 8-year high as foreign investors continued to reprice equities as the local currency weakened against the U.S. dollar. Riyadh’s main index fell 1.1 ...

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‘Political intrigue’ buoys European stock markets

  London / AFP European stock markets and the euro climbed on Monday after a fast-moving weekend of “political intrigue” in France and Germany, dealers said. German Chancellor Angela Merkel declared Sunday that she would seek a fourth term in elections next year in the face of looming threats at home and abroad, ending months of feverish speculation. And the ...

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