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Trump’s trolling vs. the ‘constitution of knowledge’

On the road again, and full of indignation about, or perhaps admiration for, what he called ‘made-up’ and ‘fabricated’ Democratic accusations during the recent judicial confirmation turmoil, America’s feral president swerved into a denunciation of a nonexistent bill – “It’s called ‘the open borders bil’” — that, he thundered, “every single Democrat” in the Senate has “signed up for.” Now, ...

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Lessons from Italy’s new budget

The unveiled budget by the Italian government looks like a “Greatest Hits” album containing all the measures that have failed to spur growth in the past. The populist administration has largely neglected companies and younger workers, who will receive little benefit from the proposed policy changes. Instead, it is letting workers retire early and handing out a still undefined income ...

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WeChat rivals can take social, but Tencent is moving on

Two hip, young startups are set to become the latest challenge to Tencent Holdings Ltd. just as China’s dominant social-media company struggles with shrinking margins and slowing growth. Pop and Echo, social apps created by former Tencent executives, have already secured venture-capital funding, The Information reported. Echo is valued at $40 million, while Pop got backing from Bertelsmann Asia Investments, ...

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