The European Central Bank warned that a rise in trade protectionism would undermine the global economy, and said the U.S. would be among the worst-affected. The cautionary comments coincide with data showing factory orders in Germany unexpectedly slid for a third month in March, another sign of
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Much has been written about firm succession issues and the effect of impending Baby Boomer retirements on the accounting profession as it relates to firm leadership and the financial sustainability of the practice. We've seen many firms examining the internal impact of this generational transition and
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The additional funds would be directed to the investment budget, which will rise 12 percent to 4.5 trillion dinars, according to a draft seen by Bloomberg. Algeria, which relies almost entirely on oil and gas revenue for hard currency, has been struggling to narrow a budget deficit that had ballooned to over
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Not long after U.S. authorities filed sealed charges against Volkswagen AG's old chief executive officer, they granted the new CEO a rare safe-passage deal. The Justice Department agreement allows Herbert Diess, promoted last month to lead the German automaker, to travel the world freely without
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Foreign investors net sold $1.1 billion of sovereign bonds last month on top of net sale of $2.6 billion of stocks this year, data compiled by Bloomberg show. Indonesian debt is seen as a bellwether with its high yields, strong economic growth and a reformist government, with foreign investors holding 38.5
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