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Draghi primes ECB easing that will test global currency defenses

Bloomberg European Central Bank (ECB) President Mario Draghi will test the composure of global policy makers this week as he unleashes a barrage of stimulus to shore up economic growth. The monetary easing will probably feature the centerpiece of an interest-rate cut that widens the difference between borrowing costs in the euro area and elsewhere. That will potentially affect foreign ...

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Citigroup, Credit Suisse await Africa asset sales for deals

Bloomberg Citigroup Inc and Credit Suisse Group AG are expecting more African deals as governments sell assets and Ethiopia opens up. “Privatisation is a theme we see as becoming increasingly important given the fiscal pressures faced by many African governments,” Vikas Seth, the head of global emerging markets within investment banking and capital markets at Credit Suisse Group AG, said ...

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BOE head must be politically sensitive: Barker

Bloomberg It’s important that the next governor of the Bank of England is politically sensitive, according to Kate Barker, who is part of the panel interviewing candidates for the job. “If you’re really appointing a governor for eight years, it’s pretty difficult to foresee the political circumstances through that eight years into which this person is going to have to ...

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