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Watch: U.S. defence firms Parker-Hannifin and TransDigm are wrestling over Britain’s Meggitt. The latter bidder’s aggressive use of debt may trouble Prime Minister Boris Johnson, who is keen to protect UK jobs, says edwardcropley

 

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Breakout: Financial repression | Reuters VideoHigh debt levels require permanently low interest rates. This is the political and economic logic behind the policy of keeping interest rates well below the rate of economic growth, argues Edward Chancellor. Investors in fixed income - and other assets - need to be ready for a bear market.
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