Henry Smith, Mena director at Control Risks on Syria Air Strikes, and Mohammad Al Hajj, equity strategist at EFG Hermes Mena, react to joint air strikes in Syria by the U.S., U.K., and France. They discuss geopolitical and market risks after the attack, and the impact it may have on U.S.-Iranian sanctions.
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According to the median estimate of economists in a Bloomberg News survey, growth maintained a 6.8 percent pace, well ahead of a target for about 6.5 percent expansion this year. The report is due for release Tuesday at 10 a.m. in Beijing, along with retail sales and industrial production data for March
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Luxury brands such as LVMH Moet Hennessy Louis Vuitton SE and Kering SA may need to shift strategies to tap into the duty-free market in Hainan. “It is inevitable that Chinese shoppers will divert purchases of pricier items from Hong Kong to Hainan,” said Bloomberg Intelligence analyst Catherine Lim.
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Sardar Vallabhbhai Patel warned, “it is a folly to ignore realities; facts take their revenge if they are not faced squarely and well”. India's banking crisis, a child of many parents, is surely part revenge for a multi-decade disastrous policy of regulatory forbearance in bad loan accounting. The sustained
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State lawmakers have changed rules regarding sales tax collections that could shore up some of the revenue losses being experienced by local governments across Alabama.
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