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Fed-speak: confusing the American public, and more

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Fed-speak: confusing the American public
By Mark Sobel
The Federal Open Market Committee blackout period has mercifully spared the public from the cacophony of Fed-speak for nearly two blissful weeks. US Federal Reserve communications seem increasingly to have an insider, esoteric quality – one reflecting legitimate technical debate, but also bound to confuse and perturb the public. 

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India’s surprising election result is a setback for Modi
By Meghnad Desai
India has the largest electorate globally with 960m eligible voters. The results of the latest election, conducted over seven rounds of voting in different parts of the country, surprised everyone.

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