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Clinton would face a foreign policy two-step

  With most election forecasts pointing towards a victory for Hillary Clinton, her top advisers are beginning to think about how to stabilize a world that has been rocked by the U.S presidential campaign and by recent reversals for American power. The paradox for the Clinton team, if it wins, will be how to signal continuity with an Obama administration ...

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Central banks face similar constraints

  The central banks of Japan, the U.K., and the U.S. will hold policy meetings this week. These three systemically important institutions are inclined to implement new policy measures, albeit different ones. Yet all three may end up keeping their policy stance as is. Their individual and collective dilemmas illustrate the current policy funk facing the global economy, as well ...

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Comey wounds FBI and feeds election mistrust

  FBI Director James Comey is an institution man. So it must be especially painful to him that he is single-handedly undermining faith not only in the institution he leads, but in the propriety of a presidential election. Comey has been balancing the interests of those institutions, the FBI and the election, for months. In July, when he held a ...

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