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December 22, 2018 International News
Bloomberg The BBC is in talks with Irish and Dutch authorities to obtain licenses allowing it to continue broadcasting across the European Union in the event of a no-deal Brexit, according to two people familiar with the matter. The UK licenses that the taxpayer-funded British Broadcasting Corp uses to beam hit shows including nature documentary “Blue Planet 2,’’ “Top Gear’’ ...
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December 22, 2018 International News, Uncategorized
Bloomberg Global trade developments may dictate how lively Canadian corporate bond sales are next year. Trade tensions, which increased volatility and caused sales in the Canadian corporate securities market to collapse in the fourth quarter, are poised to continue. Issuers pulled back from the market in the fourth quarter and in 2019 volatility may put investors in the driver’s seat ...
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December 22, 2018 International News, Uncategorized
Bloomberg BMW AG dodged a takeover attempt by Mercedes-Benz parent Daimler AG six decades ago, and ever since the two luxury-car icons have been bitter rivals — until recently. Reflecting the historic challenges gripping the auto industry, BMW and Daimler are reaching across the aisle to team up in what’s become an emerging trend in the sector. The latest rapprochement ...
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December 22, 2018 International News
Bloomberg Gibraltar was ordered by European Union regulators to reclaim some 100 million euros ($114 million) in tax breaks that aimed to lure multinational firms to the British territory. The European Commission said Gibraltar’s corporate tax exemption rules for interest and royalties unfairly favored some multinational firms. It also judged illegal five tax rulings involving some income from Dutch partnerships. ...
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December 22, 2018 Politics, Uncategorized
Bloomberg Parts of the US government began shutting down on Saturday for the third time this year after a bipartisan spending deal collapsed over President Donald Trump’s demands for more money to build a wall along the US-Mexico border. Trump scuttled an agreement that would have kept the government open until February after coming under heavy criticism from conservative talk ...
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December 22, 2018 Politics
Bloomberg Barcelona is providing the world with images of political tension and tribal conflict. Again. Fourteen months after capital of Spain’s Catalonia region grabbed the world’s attention during the failed attempt to declare independence, pro-separatism protesters clashed with police. It came just as Prime Minister Pedro Sanchez was holding a cabinet meeting there as part of his policy to repair ...
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December 22, 2018 Politics
Bloomberg UK Labour Party Leader Jeremy Corbyn ruled out backing a new referendum on leaving the EU, telling the Guardian he would prefer to renegotiate a customs arrangement with the bloc in a decision that disappointed some party members. Corbyn, who has been pressed to back a grassroots effort for another referendum, said the House of Commons should proceed with ...
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December 22, 2018 Politics
Bloomberg A major opposition coalition in the Democratic Republic of Congo condemned a week-long postponement of presidential and parliamentary elections, saying it won’t tolerate any further delays. The Cap pour le Changement alliance supporting the presidential bid of Felix Tshisekedi “will not accept another delay of even one day,†Jean-Marc Kabund, a senior official in the coalition, told reporters and ...
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December 22, 2018 Politics
Bloomberg It seemed like a dream come true for Vladimir Putin when Donald Trump ordered US withdrawals from key global hotspots, prompting one of the administration’s toughest Russia hawks to tender his resignation. Now the Kremlin isn’t so sure. Having gained more policy victories from Trump in 24 hours than in the whole of his presidency to date, Putin’s voiced ...
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December 22, 2018 Opinion
Imagine American politics for a moment as a laboratory experiment. A foreign adversary (let’s call it “Russia”) begins to play with the subjects, using carrots and sticks to condition their behaviour. The adversary develops tools to dial up anger and resentment inside the lab bubble, and even recruits unwitting accomplices to perform specific tasks. This 21st-century political dystopia isn’t drawn ...
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