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Banks see softer side of Brussels as EU readies rule revamp

  Bloomberg After years of aggressive regulation reining them in, Europe’s banks are starting to get some slack from the policy makers in Brussels. The European Union has opened up the entire financial rule book for review, including contentious issues such as the cap on bankers’ bonuses. Faced with weak banks and an anemic economy, regulators have made clear that ...

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Global populism wave hits Philippines as Duterte elected

  Davao / AFP The election of Rodrigo Duterte as Philippine president marks the latest victory for populist politics, as voters around the world reward candidates offering simple solutions to complex problems. In a country beset by crime, poverty and corruption, Duterte promised voters a raft of quick fixes that many analysts believe will remain empty promises. One of his ...

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5th of world’s plants under threat, warns Kew Gardens

  London / AFP A fifth of the world’s plant species are at risk of extinction, British researchers warned on Tuesday in an unprecedented global census of the plant kingdom. The survey by Britain’s Royal Botanic Gardens at Kew, London, said 21 percent of species are under threat. The report, the first of its kind, is intended to become a ...

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