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Ukraine turns to blueprint that rebuilt ex-communist Europe

Bloomberg As some of the European Union‘s eastern members embrace more state-led economic models, Ukraine is turning to the playbook that helped rebuild the continent’s ex-communist wing back in the 1990s. With help from the International Monetary Fund, President Volodymyr Zelenskiy wants to sell state companies, trim the budget deficit and relax rules for land ownership. The ideas have been ...

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US stocks fall on earnings, trade talk; Treasuries gain

Bloomberg US stocks fell a second day amid a mixed bag of corporate results and growing speculation a trade deal with China remains elusive. Treasuries edged higher as the Federal Reserve began deliberating on the path for interest rates. The S&P 500 Index slumped, with overnight trading reaching lows after President Donald Trump criticised China just as his negotiators start ...

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Australia’s $239b stock rally blasts past record high

Bloomberg One of this year’s best-performing stock markets has just hit a fresh record. Australia’s S&P/ASX 200 Index reached its highest level, having added about $239 billion in value this year as investors cheered a dovish central bank, a surprise federal election victory by the incumbent center-right government and skyrocketing iron ore prices. The gauge rose 0.3 percent to close ...

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