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Is Abenomics going global?

Japan and its two decades of economic stagnation seem as if they’re about to have company. The International Monetary Fund and OECD both seem prepared to lower their global growth forecasts for the coming year because of what they see as a continuing slowdown in the global economy. Foreign Affairs even devoted its most recent issue to surviving a slow-growth ...

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‘Regime change’ alone won’t cure what ails Brazil

The simplest reading of the protests that swept Brazil on Sunday is that Latin America’s largest nation is clamoring for regime change. The 3 million or more people who filled the streets and parks of Rio de Janeiro, Sao Paulo and dozens of other Brazilian cities turned out to say they’re fed up with the relentless corruption scandal that has ...

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BoJ chief defends negative rate move as economy sinks

TOKYO / AFP Japan’s central bank chief on Tuesday defended a negative interest rate policy slammed as a desperate bid to keep alive efforts at resuscitating the world’s number three economy. Haruhiko Kuroda’s comments came after the Bank of Japan held off unleashing more stimulus following a two-day meeting, as it gauges the impact of its unprecedented move into sub-zero rates. ...

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