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Spain’s stimulus spending binge needs debt-cut plan, says de Cos

Bloomberg Bank of Spain Governor Pablo Hernandez de Cos is keeping up pressure on the government and lawmakers to ensure emergency spending on the coronavirus crisis is accompanied with a long-term plan to address the debts it will incur. “The measures have to include prudent forecasts about what would be the results of proposed spending cuts or of a proposed ...

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Musk says time to break up Amazon

Bloomberg Tesla Inc. Chief Executive Officer Elon Musk said it’s “time to break up Amazon” in a tweet, escalating a rivalry with Amazon.com Inc. CEO Jeff Bezos, another billionaire investing in space exploration. “Monopolies are wrong,” Musk tweeted while tagging Bezos, the world’s wealthiest man. The online retailer is among tech companies being scrutinised by federal regulators and lawmakers for ...

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As virus eases, Ireland sees ghosts of 2008 economic crash

Bloomberg Surrounded by largely empty offices, builders last month returned to Dublin’s tech district, known as Silicon Docks. Dressed in green vests and with new safety rules to comply with, workers raced to complete developments earmarked for Alphabet Inc.’s Google, just days after a navy coronavirus testing ship nearby left. Construction resumed even as the virus throws up a new ...

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