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Industry lobbyists have swarmed the Golden State to block new anti-monopoly reforms ahead of a vote this week.

The yen fell to its weakest level against the US dollar since 1986, raising the prospect of renewed intervention from Japanese authorities.

Moscow pushed through legislation allowing it to borrow more money, a rare belt-loosening from the fiscally conservative Kremlin that implies that the Russian system is eroding, a scholar argued.

The UK’s likely next prime minister pledged to redistribute political clout across the country, setting up a “No. 10 North” in Manchester.