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The trade myth Boris Johnson needs

One might have thought that Brexit debate could not be made any more confusing. But the Conservative Party leadership race is doing just that. The obfuscation serves a political purpose. Early this year, Brexiters who are happy for the UK to leave the European Union without a deal latched on to an argument that Britain, once it leaves, can keep ...

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Huawei’s ties to China’s military aren’t problem

At first blush, the optics of Huawei Technologies Co. staff working alongside China’s military aren’t great. Company employees teamed up with various organs of the Peoples’ Liberation Army on at least 10 research endeavors over the past decade, spanning artificial intelligence and radio communications, Bloomberg News reported, citing publicly available documents. Among the joint projects: extracting and classifying emotions in ...

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Currency wars are easy to start and tough to win

To President Donald Trump, and any other Group of 20 chief thinking about waging a currency war: It’s basically impossible to win. That’s partly because they don’t really happen in practice. If they did, everybody would lose because everyone would play. The surest way to affect the relative value of an exchange rate is through nudging interest rates up or ...

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