Monthly Archives: December 2011

New forces driving world economic order; Fitch hints at US downgrade; India Dalits fight caste with capitalism; Facebook dreams of being a blue chip

1 The Guardian on new forces driving world economic order – one in which ‘rich’ countries run deficits and ‘poor’ countries accumulate assets. A new economic order is taking shape before our eyes, and it is one that includes accelerated … Continue reading

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Saudi prince picks Twitter stake; When slavery thrived in Rio; China bigger lender to poor countries than World Bank; Third Kim in North Korea

1 The San Francisco Chronicle of Saudi prince Alwaleed picking up a $300m stake in Twitter. Twitter received a $300 million investment from Saudi Prince Alwaleed bin Talal as it pushes through a redesign of its site to attract advertisers. … Continue reading

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Arab Spring and the Lost Gen’s voice; Catholic Church faces Dutch sex abuse charge; India’s do-it-yourself Jhollywood; India rupee an abandoned child

1 The Guardian on the Arab Spring and how a lost generation found its voice. A year to the day since Mohamed Bouazizi’s self-immolation in a sleepy Tunisian town kicked off a year of revolt, the convulsions have spread further … Continue reading

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IMF fears 1930s-like slump; Banks are eurozone’s faultline; Rule of law and Arab Spring; Ugliness in Indian psyche; Holy grail of Higgs hunters

1 The Guardian on the likelihood of a 1930s-like slump. The world risks sliding into a 1930s-style slump unless countries settle their differences and work together to tackle Europe’s deepening debt crisis, the head of the International Monetary Fund has … Continue reading

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Gold slips 15% from record high; Reverse gender gap; China villagers revolt; Botswana’s Bushmen; No rival for Lady Gaga; Sextortion

1 The San Francisco Chronicle on gold slipping 15% from its all-time high. The price of an ounce of gold has dropped 15% from its record high of $1,921.15 on Sept. 6. The shiny metal might be entering a bear … Continue reading

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The dire possibility of Greece leaving the euro; Gender equality in toys; Dark secrets of ‘healthy’ bank balance sheets; China’s commodity connection

1 The New York Times on the dire possibility of Greece leaving the Euro. The danger that Greece or some other deeply damaged country in the euro zone could leave the single-currency union can no longer be ruled out. And … Continue reading

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Bankocracy in Britain; Sarkozy sees two Europes; Coming Asian crunch; No birthday bash for Delhi; India economy distressed; Asia fears capital flight

1 The Guardian on bankocracy in Britain. The national interest. It’s a phrase we’ve heard a lot recently. David Cameron promised to defend it before flying off last week to Brussels. The national interest he saw as threatened by Europe … Continue reading

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Car sales transform India; Online speech faces assault; Job-loss is fastest-growing fear; Britain’s EU isolation; The divide in Russia

1 The San Francisco Chronicle on car sales transforming India. Little is changing modern India more than the spread of cars, a four-wheeled reflection of its economic transformation and a window into the aspirations of the new Indian middle class. … Continue reading

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Germany prospers while unemployment strangulates its euro peers; In 10 years, China turns world trading powerhouse; 46m Americans on food stamps

1 The New York Times on how Germany has prospered while its euro peers have been strangulated by unemployment. During the first nine years of the euro’s existence, it seemed to be a great success for what are now called … Continue reading

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Russia a ‘rentier’ state; ‘Fat tax’ to fund health care; Singapore fears property crash; $12t equity gap for cos; Great Indian Bustard’s last stand

1 The Khaleej Times on Russia rotting in some ways and getting wealthy otherwise. The winner of Sunday’s legislative election in Russia was a foregone conclusion: United Russia, organised by Vladimir Putin. Likewise, there is no doubt that Putin himself … Continue reading

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