Living Standards News
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Updated 2 hours, 7 minutes ago
Vladimir Putin may be his own toughest competition in next year’s presidential race.
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Chancellor of the Exchequer George Osborne backed a planned scaling-back of Royal Bank of Scotland Group Plc’s investment operations as he sought to reassure voters that the U.K. is acting to prevent future bank bailouts.
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India’s slowing growth and mounting resistance to pro-market reforms are putting its 20-year economic miracle at risk. To extend the past two decades’ success, Prime Minister Manmohan Singh and his allies must maintain their commitment to liberalization and do a better job of defending it to the public.
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Chancellor of the Exchequer George Osborne sought to reassure voters yesterday that the U.K. government is acting to prevent future bank bailouts when he backed a planned scaling-back of Royal Bank of Scotland Group Plc’s investment operations.
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Saudi Arabia’s King Abdullah called on leaders of the six-nation Gulf Cooperation Council to strengthen their alliance into a united “single entity” as they confront threats to national security.
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More than a century ago, China’s foremost modern intellectual, Liang Qichao, declared that his country, struggling for modern nationhood, didn’t need a socialist revolution.
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Chancellor of the Exchequer George Osborne will pledge today to pass laws by 2015 to force banks to separate investment and consumer businesses, giving full backing to the recommendations of the Independent Commission on Banking.
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Travel agents started to buy tourist services in potential replacement currencies such as the drachma or lira. Central banks took precautions and one of them was said to have shopped around for banknote printing capacity. Traders even asked whether the euro would survive until Christmas.
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Prime Minister Vladimir Putin plans to change his public image after more than a decade as Russia’s top politician to stem discontent over Dec. 4 elections that may hurt his bid to return to the Kremlin.
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President Barack Obama's strategist David Axelrod stopped by Bloomberg View today, where he chatted with editors and invited guests.
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