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‘Brexit’ pain for Europe gives Cameron edge in crucial week

Bloomberg Prime Minister David Cameron enters the final week of negotiations over Britain’s future in the European Union with a message for his continental counterparts: “Brexit” would hurt you too. The argument that the 28-nation bloc would be weaker without its second-biggest economy gives Cameron leverage as he closes in on a deal to reset the UK’s terms of membership ...

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UK to ban boycotts on Israeli goods

London / AFP British town halls and publicly funded universities face “severe penalties” if they institute boycotts of “unethical” companies or Israeli goods under controversial new rules to be outlined by the government this week. “Locally imposed boycotts can roll back integration as well as hinder Britain’s export trade and harm international relationship,” the Cabinet Office said in a statement ...

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Russian diamond sales to grow amid deficit

Bloomberg Russia’s state minerals store plans to greatly boost diamond sales amid a widening budget deficit, adding to concerns that supply is rising too fast in an industry still reeling from the biggest rout in seven years. The government depository known as Gokhran plans an auction on Feb. 29 to sell 16,799 carats and another on March 10 for as ...

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