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Terrible things that are getting less terrible

Lots of Americans, especially Republican-Americans, are pretty steamed about illegal immigration. Stopping it with a big new wall at the Mexican border is one of the signature campaign promises of GOP front- runner Donald Trump. As journalists and others have pointed out, though, the number of undocumented immigrants in the U.S. appears to have peaked in 2007. To put it ...

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Bangladesh vows to act against its Central Bank over cyber heist

DHAKA / Bloomberg Bangladesh’s finance minister has pledged to act against its central bank for not informing him about a cyber heist in which hackers broke into a Bangladesh Bank account with the Federal Reserve Bank of New York last month. Abul Maal Abdul Muhith, the finance minister, told reporters in Dhaka on Sunday that he was going to meet ...

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S&P cuts BNP on ‘tighter’ cushion

PARIS / BLOOMBERG BNP Paribas SA, France’s largest bank, had its long-term credit rating cut to A from A+ by Standard & Poor’s (S&P), which cited a “less favourable” view of the lender’s capital cushion. The bank hasn’t laid out plans to issue enough securities to increase its total loss-absorbing capacity, or TLAC, to meet S&P’s preferred level by 2018, ...

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