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The results will add to pressure for the Bank of England to cut interest rates this week.

When it comes to alleviating poverty and allowing people to live up to their potential, prize-winning Peruvian economist Hernando de Soto divides the world into two groups: the ones who have defined property rights and those who do not.

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Last year, deals completed included Duracell and Precision Castparts.He also plans a €50bn public investment programme on green energy, training of tradesmen to reduce youth unemployment, transport, public sector administration and justice.By comparison, Mr Macron promised to reduce public spending by €60bn and cut 120,000 public sector jobs.“I don’t believe in a purge and and in fixing the country against people’s will,” said Mr Macron, who has never held elected office.Indeed, in both 20 Berkshire ranked first among American businesses in the dollar volume of earnings retained, in each year reinvesting many billions of dollars more than did the runner-up. “Some years, the gains in underlying earning power we achieve will be minor; very occasionally, the cash register will ring loud.

Charlie and I have no magic plan to add earnings except to dream big and to be prepared mentally and financially to act fast when opportunities present themselves.President Recep Tayyip Erdoğan's senior economic adviser Cemil Ertem, speaking to Anadolu Agency (AA) yesterday, said that he does not expect a negative evaluation on the Turkish economy from U.S.-based credit rating agencies Moody's and Fitch, as, given the economy's strong macroeconomic indicators, negative assessments would cause them to lose credibility.The undeniably charming enfant terrible of French politics is attempting the difficult feat of building a party apparatus for his movement, ‘En Marche’ (‘On the Move’) from scratch, as he belongs to no established party.Some of the key themes raised in the letter to shareholders included: He believes investment gains will continue to be substantial, adding that Berkshire will focus on increasing earnings at the individual businesses they manage.Mr Fillon’s “brutal cuts that blindly eat into state spending” would do more harm than good, he claimed.