The central bank has decided not to raise interest rates.
In the end, it’s a matter of sovereignty.
All the news worth knowing today.
Now it needs outside help if it’s going to stand up to the U.S.
Rome wants concessions from Brussels, and it’s strong enough to get them.
Unsurprisingly, it still isn’t resolved.
The U.S. has less leverage now than before.
The city was a global financial hub well before the EU, and it will be one well after Brexit.
The American president was not restrained by his advisers, but domestic politics imposes its own limits.
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