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Green Party extends its lead over Merkel

Bloomberg Germany’s Green Party has a three-point lead over Chancellor Angela Merkel’s Christian Democrats in the first national opinion poll since the country’s junior coalition chief resigned. The Greens stayed at 27 percent, while Merkel’s CDU-CSU alliance lost three percentage points at 24 percent, according to the Forsa GmbH poll, reported by German broadcasters RTL and n-tv. The country’s Social ...

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The brave new world of rival trading blocs

We may be on the cusp of an upheaval in global trade. Since World War II, the international trading system has operated on the premise of “most favoured nation (MFN),” meaning that concessions granted to one country must be extended to all countries in the system. The trade standoff between the United States and China suggests that this approach is ...

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Draghi demands a lot of trust

There’s a question that anyone who watched Mario Draghi’s press conference must ask themselves: Should we look at the European Central Bank’s (ECB) slightly guarded official position or listen to the more dovish messages from the president? The answer will determine one’s confidence about central bank’s ability to fight a new euro zone slowdown. It might also influence whether that ...

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