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Investors prefer Berlin over Beijing for ‘spending’

Bloomberg Global fund managers say German fiscal stimulus would be a greater boon to risk assets than infrastructure spending in China or aggressive central-bank policies. Uncertainty from the US-China trade war and perceived monetary-policy impotence are increasingly placing the onus on fiscal policy, according to a recent investor survey conducted by Bank of America Merrill Lynch. Yet market participants are ...

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Robot man, TV mogul prevail as Tunisia rages against system

Presidential elections in tunisia kais saied

Bloomberg A low-profile law professor and a jailed media tycoon secured the top spots in Tunisia’s landmark presidential vote, routing veteran politicians in a rejection of the status quo in the birthplace of the Arab Spring. Kais Saied, a constitutional law professor, secured 18.4 percent of the vote while Nabil Karoui, the owner of a TV channel who’s detained on ...

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Sanctions won’t help HK as Wong meets Congress, says Lam

Hong kong's chief executive press conference

Bloomberg Hong Kong leader Carrie Lam said sanctions would only complicate the city’s problems as prominent local activist Joshua Wong gets set to address US lawmakers who are considering changes to special trade privileges for the financial hub. “I uphold this principle of accountability, but at the moment it is all for us to see that Hong Kong is undergoing ...

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