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America's new banking crisis; the hazard of Silicon Valley culture; fury in France over Macron's retirement reforms

Fareed Zakaria GPS

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The Benefits of Brexit

UK Chancellor Jeremy Hunt presented a budget that contained a Brexit pub guarantee. From August, the tax on draft beer and cider will be up to 11 pence lower than in supermarkets. It is worth recalling that the benefits ofBrexit were supposed to be a lot more than a bar beer subsidy. The Conservative Party has presided over significant tax hikes.

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