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I FORESEE TO WIN
NOTHING IS PERMANENT EXCEPT CHANGE

  • The US dollar has already been rallying this year, which puts emerging markets with dollar-denominated debt in a hard position.
  • A currency crisis in Turkey could lead to a "rapid appreciation," analysts warn.

OTHER NEWS

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The conventional wisdom among social scientists is that the demands of advanced economies and growing middle classes can be met only through greater political freedoms and competition. By doubling down on authoritarian single-party rule, China is now testing that proposition.

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