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Poland opts to go slow on Swiss-loan fix

  Poland / Bloomberg Polish banks jumped on a newspaper report that President Andrzej Duda will tone down his proposal to help the country’s Swiss-franc-denominated mortgage takers and won’t force lenders to convert $36 billion in home loans into zloty. Fixing the issue of foreign-currency loans, mainly in Swiss francs, has hung over Polish lenders for more than a year, ...

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New Greek bailout finds IMF in a political bind

  Washington / AFP Ever since the IMF participated in the first Greek bailout six years ago, the stinging suspicion has been that the Fund is under Europe’s thumb. Now the International Monetary Fund is again under pressure to come to the aid of Athens, providing likely fodder for critics. Europe forged an 86 billion euro ($96 billion) aid package ...

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Instagram ramps up fight against harassment

  San Francisco / AFP Instagram said that is adding a new weapon for fighting harassment at the popular mobile app for sharing pictures and videos. The Facebook-owned social network began letting some celebrities and others with accounts that attract torrents of feedback filter those comments by keywords or even turn off the option to comment on particular posts. “Our ...

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