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G-20 gets it, but is unlikely to act

  The Group of 20 meeting last weekend received only light coverage from the press and market analysts. Imagine my surprise when I read the content-heavy 48-paragraph statement issued at the conclusion of the gathering by country leaders. Either few took the trouble to read the communique or, more likely, its contents were dismissed as wishful thinking that wouldn’t be ...

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EU’s migration crisis is far from over

  German Chancellor Angela Merkel may have adjusted her policies after last year’s refugee influx. But on Sunday, she was punished anyhow by voters in her own constituency of Mecklenburg-West Pomerania. That’s one sign that the EU migration crisis is far from resolved yet. Ever since March, when Merkel rammed through a European Union deal with Turkey under which undocumented ...

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Merkel’s problem with the far right is Europe’s, too

  German Chancellor Angela Merkel suffered a humiliating electoral defeat in her home state on Sunday. The result, driven by a growing backlash against her policy on refugees, calls for hard thinking not just on her part but also from Germany’s partners in the European Union. Voters in rural Mecklenburg-Western Pomerania, a tiny state of 1.6 million, didn’t just defeat ...

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