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The Reserve Bank of India has lost its second chief in less than three years, raising questions about the central bank's independence and the management of the economy going into an election year. Governor Urjit Patel announced Monday that he was stepping down from his post, effective immediately. Patel's term was due to expire in September 2019.

The Eiffel tower is closed, stores are boarded up and the Christmas lights are off. But the government’s show of force seems to be paying off. Even before the sun had risen on Place de la Bastille, the enduring symbol of the French Revolution, France’s security forces were taking no chances.

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