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India’s Budget: Modi does the right thing

Weekly investor research

08 July 2019

The Indian bond market rejoiced last week as Prime Minister Modi’s government unveiled an austere budget. On the other hand, Turkey is heading the Venezuelan way as Erdogan sacks the central bank governor. In Argentina, the economy continues to recover. Japan’s trade dispute with South Korea is not motivated by protectionist instincts, but can still cause pain for both sides. In Hong Kong, the protests continue with no clear solution in sight.

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