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Why Italy’s economy is stagnating

Why is Italy’s economy so sickly and has the country’s new government found the cure for its economic ills? As Rome locks horns with Brussels over a draft Italian budget that the European Commission has rejected for breaching EU rules, the Financial Times has consulted leading economists, academics...
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Robert J. Samuelson: It’s no longer about the economy

One lesson of the midterm elections is that economic growth is losing its power to unite the country and to reduce explosive conflicts over race, religion, ethnicity, immigrant status and sexuality. This is unfamiliar. Economic progress has been a routine part of our election narratives. The presumption is...
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North falls further behind in three-speed economy

Ireland’s economy looks set to continue growing, albeit more slowly than the blistering pace of recent years, a leading think tank has said – adding that wage growth looks set to accelerate through 2019, supporting domestic demand. The Nevin Economic Research Institute (Neri) forecasts gross domestic product will...
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Headwinds build up for the economy

Three weeks is a long time for the economy. Ask Finance Minister Arun Jaitley and the mandarins in North Block. Until recently, it seemed as if growth was finally returning and that the petulant rupee was the only problem to handle. Not any longer, though. The last few...
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Government red ink soars despite red hot economy

WASHINGTON — The U.S. budget deficit is reaching levels that are abnormally high for a robust economy, and lawmakers from both parties are proposing ideas that would make the deficit swell even further. The government spent $895 billion more than it brought in from taxes and other revenue...
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Economy Gives Fed No Reason for Pause

Welcome back from summer vacation! As far as the Federal Reserve is concerned, not much happened while you were gone. That leaves them on track to keep tightening. Oh sure, there was news. Trade tensions simmered. Turkey and Argentina ran into the shoals. British politicians allowed that next...
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How is the Economy?

It is hard to get a reasonable assessment of how the Philippine economy is performing. The reality is that all the analysis, no matter the source, are slanted and prejudiced. Data can be used almost any way especially for a political agenda. “Look how great the government is...
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