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India’s bankruptcy auction that wasn’t, perhaps

The jewel gathering dust in India’s bankruptcy court can have a suitor after all. The two top bidders may stay in the race for Essar Steel India Ltd.’s 10 million-tons-a-year plant, the country’s top court ruled, provided they first make banks whole. There’s the catch. For ArcelorMittal, the payment required is for two unconnected defaults. The world’s biggest steel producer ...

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UK needs bold leadership that goes beyond Brexit

Sometimes, Brexit seems like it might subsume British public life entirely. So some credit is due to Prime Minister Theresa May, who tried to articulate a broader agenda at her party’s annual conference this week. Regrettably, her policies were a mix of modest improvements and ambitious mistakes — a schema largely out of tune with the challenges the country now ...

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Donald Trump’s debacles are self-inflicted wounds

Reading Greg Miller’s gripping new account of President Trump’s entanglement in the Russia investigation, it’s striking just how many of the president’s difficulties have been self-created. Trump sees enemies everywhere around him; he should look in the mirror. As the book’s ironic title makes clear, Trump has been ‘The Apprentice’ in the White House. New to government, buoyed by sycophantic ...

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