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Growth - Page 8

Rachel Reeves has been prudent. Now she needs a purpose

LONDON — When Rachel Reeves was Britain’s shadow chancellor she liked to repeat an anecdote during interviews. The Labour frontbencher would often quote the advice she received from the party’s longest-ever serving chancellor, Gordon Brown. “Prudence is really important Rachel, but
30/05/2025
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Britain’s secretive fund for spies comes out of the shadows

LONDON — In James Bond films, Britain’s spies are kitted out with exploding pens and poisoned cigarettes. Nowadays, spies are more likely to work with AI-enabled drones, specially encrypted communications networks, and
16/07/2025
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Commission in late-night haggling over €1.717 trillion EU budget plan

BRUSSELS ― The European Commission is zeroing in on a proposal for a centralized budget of €1.717 trillion for the seven-year period from 2028, as arguments over the final number went to the
15/07/2025
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Is €1.2T enough to save Europe?

BRUSSELS — Mario Draghi, Italy’s former prime minister, was enjoying his retirement when the phone rang. It was September 2023, and Ursula von der Leyen’s office wanted to know if he might
15/07/2025
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The non-geek’s guide to the Brussels budget fight

BRUSSELS ― As Europe teeters on the edge of a full-blown trade war with the United States, the EU’s 27 commissioners will gather on Wednesday to settle one of the thorniest issues in
14/07/2025
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Two visions of European finance clash at elite Italian banking gathering

MILAN — On a Friday morning under the boiling Lombard sun, the old men of Italian banking descended on the country’s financial capital to bask in their industry’s astonishing recent run of
11/07/2025
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Trump banking cop threatens global financial security, warns top US Democrat

U.S. Senator Elizabeth Warren has called for a former Trump-appointed banking regulator to be dismissed from the global financial watchdog, warning he is putting the world’s economic stability at risk. Randal Quarles,
09/07/2025
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The AI energy crunch: Meeting the data center surge

The energy landscape is always evolving, and another challenge is rapidly coming into view: data. The rise of artificial intelligence (AI), cloud computing and machine learning is driving unprecedented demand for electricity.
07/07/2025
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