Louise Purtle

opinion

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Not content with ruling America, US Congress seems to want to do the same in Europe. The US government is currently trying to pass legislation that could have a significant effect on issuance and spreads in the European corporate bond markets. The bill in question is part of a broader initiative known as the Jobs Act. The act is designed to replace the law under which the US has been providing tax breaks for manufactured exports that the EU considers to be subsidies. This old law was declared il

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