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Czech leader defies fraud probe scandal

Bloomberg The Czech Republic’s billionaire prime minister fortified his support among potential voters, defying escalating tensions over a police investigation into whether he committed fraud. The ANO party led by Andrej Babis widened its lead in a survey conducted by pollster STEM last month when new allegations related to the fraud probe led to a failed no-confidence motion in parliament. ...

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May loses control over Brexit in UK parliament war

Bloomberg UK Prime Minister Theresa May is locked in a power struggle with the British Parliament that looks set to determine the final shape of Brexit. May lost three key votes on a day of drama in the House of Commons, highlighting the weakness of her position as she tries to ratify the deal she’s struck with the European Union. ...

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Tariff man’s trade war claims innocent victims

In a series of tweets, President Donald Trump announced that he was a ‘Tariff Man,’ trumpeting the revenue raised by tariffs and declaring that import taxes would maximise the US’s economic power: As Paul Krugman pointed out, it’s a fallacy to think that foreigners are the only ones paying the tariff bill. US consumers pay as well. Believing that tariffs ...

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