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In the first half-year, taxes and duties collected by the tax authorities increased by 3.7%, a rise twice as much as that of the gross domestic product. A positive trend, but not sufficient to reduce the deficit.
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
The Dow Jones Industrial Average trades near 52,900, roughly 190 points lower, in the first session since Friday. Crude Oil has risen for six days running and the two-year Treasury yield sits at its…
1. The Carob Prize, for scholars who tell the truth (WSJ). 2. Observations from watching Iranian social media. 3. The Emma McAleavy feminist vision. 4. Is the inflation picture shifting? 5.
The yen’s recent surge is unlikely to derail popular carry trades across emerging markets, according to Morgan Stanley strategists.
A merger between EverBank and WaFd pairs digital reach with a large branch network at a time when banks are finding value in customers who move readily between both. The proposed $3.9 billion merger of EverBank and WaFd brings together institutions with different distribution models.
