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Weekly Insights May 22, 2015

Executive Summary

  • Google is launching a fleet of 25–50 driverless cars for testing on the streets around its Northern California headquarters.
  • South Korea could follow other countries’ lead by allowing nonbanking companies to invest in financial subsidiaries.
  • The UK recorded its first period ever of deflation since recordkeeping began in the year ended April 2015.
  • An expansion of the Panama Canal, expected to be completed in 2016, could offer an alternative to US West-Coast ports.

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