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View all search resultsGlobal stocks edged higher while the dollar rose and the price of gold plunged after Trump announced his pick of Warsh, who markets perceive as someone who would support lower rates but who would stop well short of the more aggressive easing associated with some of the other potential nominees.
As history has shown with regard to past Olympic boycotts, a similar move against this year's World Cup will be an equally futile, symbolic maneuver that achieves nothing more than moral signaling and spectacle, in addition to harming sport’s potentials as a soft power.
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