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Policy Daily Review December 7, 2017

Policy Daily Review for December 7, 2017

California blames Wells Fargo for 1,500 fake insurance policies

A year-long investigation by the California Department of Insurance blamed the sale of nearly 1,500 of these unauthorized renters and term life insurance policies on “improper sales practices” at Wells Fargo.


Government shutdown 2017: How a spending bill failure would hurt the economy

A shutdown of the federal government still seems unlikely. But it’s not totally out of the realm of possibility. And S&P thinks that DC dysfunction is the last thing that the economy needs with the holidays right around the corner.


ECB’s Mersch: Credible Exit Stance Needed

The European Central Bank needs a clearer view on how it plans to exit its asset purchases going forward to avoid any knee-jerk market reaction, ECB Executive Board member Yves Mersch said Wednesday.


Trump says a government shutdown ‘could happen’ as negotiations get testy

President Donald Trump pinned the blame for a looming government shutdown on Democrats, despite Republican controlling both chambers of Congress.


Republican leaders are scrambling to appease hardline conservatives to avoid a government shutdown

Congressional negotiations on legislation to avoid a government shutdown have hit stumbling blocks in recent days.


Trump says a government shutdown ‘could happen’

President Donald Trump said Wednesday a government shutdown “could happen,” a day before he prepares to meet with Democratic leaders. Federal governme


Forex : Gauging Expectations for Fed, BoE & ECB Rate Decisions

Join DailyFX Currency Analyst David Song to cover key themes and trade setups ahead of the slew of interest rate decisions on tap for the second full-week of…


IMF Says Current Circumstances In China Warrant Additional Bank Capital

The International Monetary Fund said the current circumstances warrant a targeted increase in capital even though the China’s banking system meets the Basel requirement.


COLOMBIA: Government And Japan Hold Talks On Double Taxation Treaty

Japan and Colombia have launched talks in Tokyo aimed at reaching a bilateral agreement to avoid double taxation in their trade relations. The first round of talks will last until December 8 in the Japanese capital and involves delegates from Colombia’s Ministry of Finance and Public Credit and the Directorate of Taxes and National Customs, and Japan’s Ministries of Foreign Affairs and Finance.


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