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investments

George Clooney Has Some Harsh Words For 'Failed Screenwriter' Steve Bannon

It’s no secret that George Clooney isn’t a fan of former White House chief strategist Steve Bannon (or of President Donald Trump, for that matter).

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news of the economy

Capacity cuts in China fuel a commodity rally and a debate

STEEL ran in Zhang Cheng’s family for three generations. His grandfather mined iron ore. His father got a job in the big state-owned steel mill just outside Jinan, capital of Shandong province. His mother worked in the on-site hospital. And Mr Zhang went to the mill-run school, graduating to a …

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news of the economy

Why are investors so relaxed about the tensions in Korea?

A ROGUE state has tested what may be a hydrogen bomb and has sent a missile over the territory of a neighbouring country. The American president has promised “fire and fury” if threats continue. The Security Council of the United Nations has been locked in debate. This sounds like the …

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news of the economy

A new bond taps private money for aid projects in war zones

A giant leap for impact investing INVESTORS might be expected to run a mile from a deal on offer in a conflict-torn part of Africa. At best, it will pay an annual return of 7%; at worst, 40% of the original investment is lost. But a dozen social investors have …

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news of the economy

Governments need to rethink their attitudes to debt

GOVERNMENTS do not always make the best budget managers. Assuming it avoids an accidental debt default, America will run a bigger budget deficit this year than the last, despite a booming economy. Germany runs a surplus—but scrimps on critical investments and annoys its euro-area neighbours in the process. Japan, cowering …

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