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BUCHAREST (Reuters) – A potential trade war once U.S. President Donald Trump announces an array of new tariffs may require unconventional policies from central banks, European Central Bank policymaker Robert Holzmann said on Wednesday. Holzmann, who said the hope was that policymakers would be better equipped to enforce the policies, added central banks cannot be …

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LONDON (Reuters) – The UK is PIMCO’s largest overweight position in its global bond fund because the Bank of England is likely to cut rates more than markets anticipate, global fixed income CIO Andrew Balls said on Wednesday. UK government bonds have stabilised after a sharp selloff in January triggered in part by concerns about …

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MOSCOW (Reuters) -Russia, the world’s second-largest oil exporter, on Wednesday imposed restrictions on another major oil export route, suspending a mooring at the Black Sea port of Novorossiisk only a day after restricting loadings from a key Caspian pipeline. Russia produces about 9 million barrels of oil a day, or just under a 10th of …

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(Reuters) -Netflix on Wednesday rolled out enhanced language options for television viewers, allowing users to select from the full list of available subtitles and dubbing languages for any title. The update aims to make Netflix’s global catalog more accessible at a time when nearly a third of all its viewership comes from non-English language shows, …

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BERLIN (Reuters) – Germany’s BDI industry lobby group urged firms to stick to their principles at their German operations after the U.S. said its embassies were trying to ensure contractors comply with U.S. Diversity, Equity and Inclusion (DEI) programmes. “The BDI views with great scepticism the efforts of the U.S. government to enforce political ideas …

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MOSCOW (Reuters) – U.S. tariff hikes may slow down world economic growth and fuel inflation, and oil prices could be lower than forecast for several years as a result of reduced global demand, the Russian central bank said on Wednesday. President Donald Trump was set to impose sweeping new tariffs on Wednesday as he proclaimed …

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