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Why did Hong Kong’s Umbrella Movement fail?

In December 2014, the Umbrella Movement, Hong Kong protests that had started on September 22, ended. Major roads, which had for three months been occupied by protesters, now were bustling again with traffic. Students returned to university empty-handed and suffrage-less. The protests, once lively with energy from the potential of tangible change, were extinguished without so much as an official ...

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When the ‘kindness of strangers’ is no longer enough

One of the biggest unanswered questions of Britain’s looming referendum is how much capital might flee the nation if it decides to go it alone. As it stands, foreign investors do better in Britain than British investors abroad, and that investment has been a big driver in the U.K. economy. It also helps explain why there’s so much concern about ...

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Euro zone banks should skip dividends to up lending: BIS

FRANKFURT / REUTERS Euro zone banks should be encouraged to keep more of their profits rather than pay dividends, to bolster their capital and finance new loans, the head of research of the Bank of International Settlements (BIS) said on Thursday. The euro zone has been battling low economic growth and sluggish lending for years, and banks have complained that ...

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