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Warren has a penchant for micro-pandering

The torrent of astonishing talk from Democratic presidential aspirants has included two especially startling ideas. One is that we are going to die — the climate change crisis is “existential” — unless America does a slew of things that the aspirants know are not going to be done. And the leading progressive aspirant has endorsed an idea that would confirm ...

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Do 125,000 farmers deserve $14.3b?

The European Union’s Common Agricultural Policy — also known as CAP — is a 58-billion-euro system of farm aid that accounts for the bloc’s biggest single budget expense. And it has long been a punching bag for euroskeptics. The UK press for years excoriated the “butter mountains” supported by EU money. Even after production quotas went away, critics accused the ...

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China Pacific’s Swiss policy is mainly aimed at London

It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported, citing people familiar with the matter. Shanghai-based China Pacific is the country’s third-largest insurer, while Zurich-based Swiss Re is Switzerland’s biggest ...

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