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Smart Reads April 25, 2014

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  • Martin Wolf thinks private banks should be stripped of their power to create money.
  • Voting in Mumbai has been a tale of two cities as the most downtrodden residents of India’s financial capital have turned out to vote in large numbers.
  • The Naples tailoring industry has adapted to the 21st Century better than the city in which it resides.
  • Despite concerns over its reliance on the GCC, Egypt is now well placed to engage and negotiate some favourable terms from the IMF.
  • Emerging economies such as Mexico are the fastest-growing source of demand for many of the big food and drinks companies, but intensifying pressure from health authorities in developed markets could deprive them of growth opportunities.
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