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UK exit from EU would hit poor families hard

  With the U.K. set to vote on European Union membership in less than a month, economists, politicians and pundits are endlessly debating how an EU exit would affect the country’s economy. However, for many families, the types of figures being thrown about — which can run to the billions of pounds — may seem abstract and remote from their ...

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Why US leadership on climate change still matters

  Anthony Kleven SPECIAL TO EMIRATES BUSINESS As the United States hosted the 7th Clean Energy Ministerial in San Francisco on June 1-2, the Obama administration sought to demonstrate global leadership on green energy and climate change. Those efforts, however, are being undercut by GOP presidential nominee Donald Trump and Republicans in Congress. Just a few days before the meetings ...

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EU to miss Sept deadline for swap rules

  Bloomberg The European Union will push back the completion of collateral rules for the multi-trillion-dollar swap market to the end of the year, breaking with US authorities who have set a September deadline for the biggest banks to comply. The European Commission, the EU’s executive arm, won’t be able to meet the deadline adopted by the US — and ...

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