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S Korea’s economy is alive but not well

Send out a search party for South Korea’s economy. Domestic activity is in a tough spot, but the Bank of Korea seems preoccupied with second-guessing the Federal Reserve and parsing any trade accord between the US and China. The central bank kept its benchmark interest rate at 1.75 percent on February 28, a non-step that was widely forecast. The flaw ...

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Invoking Great Recession is a great distraction!

Well, that’s a relief! Malaysian Finance Minister Lim Guan Eng says a global financial crisis-style recession isn’t likely today. “The January 2019 price decline was not caused by recession or any kind of weak demand … The same severe GDP contraction Malaysia suffered in 2009 is nowhere to be seen today.” Fantastic. But who says it’s the same? Throwing up ...

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Macron can revive his French revolution

France’s Yellow Vest protest movement seems to be losing steam. Turnout is diminishing, public support is weakening, and anger has flared over anti-Semitism in its ranks. If the marchers are mostly staying home, though, the problems they identified haven’t gone away. In fact, they could define President Emmanuel Macron’s remaining time in office. The protesters first took to the streets ...

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