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Meeting the Administrator in Australia won't Always Save Your Business http://ow.ly/fsxO302D88z
News that Australia’s third-largest pizza chain Eagle Boys has been placed in administration suggests a bleak future may lie ahead for the company.
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Thailand not Quite Prepared for the King's Passing http://ow.ly/etm4302CZGI
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Hillary Clinton, the TPP, and the Environment http://ow.ly/Cxfs302C7eW
Hillary Clinton and many of her fellow Democrats meeting in Philadelphia hope to show the party unity arguably lacking when the Republicans gathered in Cleveland. A sticking point to a unified Democratic Party, however, has been the Trans-Pacific Partnership (TPP), one of the most contentious topics of debate between supporters of Clinton and erstwhile rival Bernie Sanders.
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East Asian Pop Culture Softens and Reaches a Larger Market http://ow.ly/IHXq302C3Hl
Descendants of the Sun, a South Korean TV drama featuring a romance between a soldier and a surgeon in a fictional war-torn nation, is reigniting K-drama fever across Asia. In China alone, where the program is simultaneously broadcast online, it has drawn more than 2.4 billion views on video-streaming website iQIYI since it began airing in late February.
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September Oil is Losing a Technical Battle http://ow.ly/zBjp302ARwb
Today's 2.5% fall in the September light sweet crude oil futures contract extends the decline that began on June 9. It is the third consecutive loss and the fifth loss in the past six sessions. There are two important points to make that this Great Graphic from Bloomberg helps illustrates.
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China Unhappy over the PCA South China Sea Ruling http://ow.ly/z3VR302AHrA
China’s reaction to the Permanent Court of Arbitration’s relatively harsh ruling against it on the South China Sea has been angry. The court upheld nearly all of the 15 points on which the Philippines approached the Court in 2013. China boycotted the proceedings, questioning the Court’s jurisdiction and publicly claiming historic rights to the South China Sea and its resources. The Court rejected this claim, concluding ‘there was no legal basis f...
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Solutions to South Africa's Lack of Growth are Out There http://ow.ly/wbWa302D4An
South Africa’s Reserve Bank Governor Lesetja Kganyago has forecast zero percent growth for 2016, 1.5% in 2017 and 1.7% in 2018. This spells disaster for the country, particularly the unemployed. The jobless rate is expected to rise from its current level of nearly 27%. What must be done to improve the economy? Sibonelo Radebe, The Conversation Africa’s business and economy editor, asked Lumkile Mondi to share his thoughts.
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Vital Signs for European Banks http://ow.ly/TEx2302CWpK
The health of European banks has reemerged as an important market factor this year. The IMF warned that the greatest risk to global financial stability stems from three European banks. Branches of two European banks failed the Federal Reserve's stress test. In addition, this does not even mention the Italian banks, and especially the oldest bank in the world, Monte Paschi, which has been the immediate focus.
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Surely Someone at Verizon Sees Value in Yahoo...Right? http://ow.ly/ZkEy302C5BP
US telecoms giant Verizon paid an eye-opening US$4.8 billion for Yahoo’s search, email and advertising businesses, which will be merged into its own online operation, bought from and still branded as AOL, to better compete against tech giant rivals Google and Facebook.
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How did the Yen Become So Attractive? http://ow.ly/jfy5302C2dG
The strength of the Japanese yen is the main development in the foreign exchange market today. It has gained nearly 1.5%, as short-term participants grow skeptical of the kind of stimulus that had driven the yen around 7.5% lower between July 8 and July 21's six-week high. The pendulum of market sentiment has swung wildly.
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fear and ignorance. do not be lured. Japan is on the cusp of annihilation. do not be lured.
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You Say You Want a Constitution (Change) http://ow.ly/ergE302AObi
Following the 10 July upper house elections the Abe government now has the two-thirds majority in both houses of the Diet necessary to pass constitutional amendments. So what are the likely consequences?
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India's Rexit - RBI Governor Rajan Leaves http://ow.ly/Pjbp302ABUt
June suffered from an excess of exits. However, none of them lived up to forecasts of dire consequences, at least for India. For now, Indian markets have shrugged off both Brexit and Rexit — the exit of Governor Raghuram Rajan from the Reserve Bank of India (RBI). In addition, the forward-looking nature of markets implies they do not foresee problems due to these exits.
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