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In 'economic World Cup,' America has big lead on Europe

Here are two pieces of news. Can you tell which is good and which is bad? 1. Economic growth in the coming months is expected to range between 3 percent and 4 percent. 2. Economic growth in the coming months is expected to be 0.7 percent. The answers might surprise you. The first sentence is actually bad news, because we're talking about the white-hot American economy. GDP grew 5.3 percent in the first quarter, so a drop back to 3 percent would represent a slowdown.
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The last word: On China, leadership will come from Central and Eastern Europe

‘The war in Ukraine would not be happening right now were it not, I believe, for an understanding between Beijing and Moscow.‘ Earlier this week I was in Seoul to host the international session at the 11th edition of the K.E.Y. Platform conference organised by Money Today Media, Korea’s largest business media outlet.   Not only […]
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