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Breakingviews - Greenland is not for sale, but the UK might be

Denmark has refused to sate Donald Trump’s thirst for geo-M&A. The U.S. president on Tuesday called off a visit to the European state after its prime minister rebuffed his idea of buying Greenland, an autonomous dependent territory of the kingdom. If he’s looking around for an alternative target, he could do worse than a lob in a bid for the United Kingdom.

Breakingviews - India could use a good economic crisis

A crisis focuses the mind. India’s shoppers are cutting back on everything from biscuits to a new car. Businesses are reining in too: the value of proposed new projects is at its lowest since 2004. Unemployment, meanwhile, is rising. All of that suggests the nearly $3 trillion economy is heading for a prolonged, painful slowdown. Luckily, New Delhi has a record of embracing reform in times of stress. 

Breakingviews - India could use a good economic crisis

A crisis focuses the mind. India’s shoppers are cutting back on everything from biscuits to a new car. Businesses are reining in too: the value of proposed new projects is at its lowest since 2004. Unemployment, meanwhile, is rising. All of that suggests the nearly $3 trillion economy is heading for a prolonged, painful slowdown. Luckily, New Delhi has a record of embracing reform in times of stress. 

Breakingviews - India could use a good economic crisis

A crisis focuses the mind. India’s shoppers are cutting back on everything from biscuits to a new car. Businesses are reining in too: the value of proposed new projects is at its lowest since 2004. Unemployment, meanwhile, is rising. All of that suggests the nearly $3 trillion economy is heading for a prolonged, painful slowdown. Luckily, New Delhi has a record of embracing reform in times of stress. 

Breakingviews - Italian odd-couple trade is market’s better hope

RIP the odd couple of European politics. The year-old pairing of Italy’s right-wing League with the anti-establishment 5-Star Movement, which ended on Tuesday with the resignation of Prime Minister Giuseppe Conte, was always destined for trouble. Investors in Italian assets, though, will be hoping for a revival of the theme.

Breakingviews - Twitter deserves a follow for China mute and block

Twitter deserves a follow for muting and blocking China. The U.S. social network suspended state-backed accounts trying to subvert protests in Hong Kong. It also will stop accepting ads from government-controlled media. Beijing’s wedge issue provides a good opportunity for Facebook, YouTube and others to reconsider profiting from propaganda.

Breakingviews - SoftBank skin in the game risks major organ damage

SoftBank is stretching the concept of “skin in the game” to breaking point. The Japanese technology group wants to lend up to $20 billion to employees, including Chief Executive Masayoshi Son, to buy into its $108 billion Vision Fund 2, the Wall Street Journal reported. Son’s backers, like Apple and Microsoft, will welcome the move to align staff’s incentives with their own. But it magnifies SoftBank’s losses if the vehicle blows up.

Breakingviews - Chinese tourists’ reverse-Marco Polo is no fluke

Marco Polo brought the idea of paper money to Venice when he returned from China towards the end of the 13th century. Now, it’s Chinese tourists that are bringing money into all of Italy. The number of visitors from the Middle Kingdom rose 31% between May and August compared with a year before, according to information from travel data analysts ForwardKeys. That was the fastest growth of any country out of Asia. The sudden popularity has less to do with a rash of

Breakingviews - China’s rate reform inches along the market path

China’s lending policy is inching along the path to market. The central bank’s latest move to reform the way mainland interest rates are set pushes aside a long-standing benchmark decided by officials. It’s an overdue step designed to ease credit conditions and help companies borrow. Transmission problems remain, but a move closer to a more responsive system is welcome.

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