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Can UK Tories afford to be a low-tax party again?

  When Rishi Sunak ditched his Thatcherite principles to flood the UK economy with public spending during the pandemic, he fully expected to roll back the largesse soon after. Instead, Britain’s Chancellor of the Exchequer found himself announcing successive new rounds of spending increases and raising taxes to their highest in more than 70 years. Sunak set out to bring ...

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Putin, Xi exposed great illusion of capitalism

  A book published in 1919 on “The Economic Consequences of the Peace” isn’t the obvious starting place for understanding the economic consequences of the current war in Ukraine. But it’s worth taking a little time to read John Maynard Keynes’s famous description of the leisurely life of an upper-middle-class Londoner in 1913 — just before the Great War changed ...

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Airbus scouts India in search of elusive widebody customer

  Bloomberg Airbus SE has tried for years to find a new customer for its bigger jets in India, the world’s fastest growing aviation market before Covid shattered travel. Two of its previous buyers went bankrupt, while another was sold, giving arch rival Boeing Co a firm foothold in the South Asian nation’s market for transcontinental planes. Remi Maillard, the ...

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