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London’s road-blocking protesters will not stop

Measured by attention received, or noise made, London’s climate change protests have been a rousing success over the past week. As ever, there are doubts about whether the campaign of civil disobedience will make any real difference; but it does pose questions about the limits of democratic politics in the age of legislative gridlock. With their banners, their graffiti, their ...

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Investors brace for big week of insights into world economy

Bloomberg The world economy’s ability to rebound from its recent soft patch will be tested anew as data is released from Washington to Beijing. Federal Reserve officials conclude a meeting on Wednesday amid expectations they won’t change their monetary policy settings as counterparts elsewhere follow its dovish turn. A press conference by Chairman Jerome Powell will be eyed for insights ...

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Funds turn bullish on worst-performing New Zealand dollar

Bloomberg These are troubling times for the New Zealand dollar but a whiff of optimism is in the air. The kiwi has been the worst-performing major currency over the past month, tumbling 3.6 percent, after the central bank said the next policy move was likely to be an interest-rate cut. Disappointing first-quarter inflation numbers helped speed its decline. The double ...

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