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Italy plays straight into the hands of the Dutch

The European Union’s political leaders will meet next week to negotiate the details of their joint fiscal response to the Covid-19 crisis. The Netherlands has emerged as the main villain opposing the plan, as Prime Minister Mark Rutte demands that countries should implement economic reforms in exchange for any financial help. Rutte is being too rigid, but supporters of the ...

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Samsung surprise leaves confusion

Samsung Electronics Co’s second-quarter earnings seem like good news. But it’s really not as simple as that. Revenue beat estimates by around 3.6% while operating profit topped even the highest of sell-side analyst estimates by 6.3%, the South Korean giant reported on Tuesday. Right off the bat, those numbers carry a caveat: The company posted a one-time gain related to ...

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And, American schools need to reopen in fall

Online schooling has failed. American schools need to reopen in the fall. It has now become obvious that the steady diet of online instruction put in place for the coronavirus pandemic not only has hurt kids academically and increased absenteeism, but has contributed to anxiety and depression and probably even aggravated health problems such as obesity. “All policy considerations for ...

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