Monthly Archives: November 2012

Eurozone agrees on Greek bailout; Arcelor Mittal no longer welcome in France; How secret offshore funds buy up London; Big business corrupting economics; UN condemns female genital mutilation

1 Eurozone agrees on Greek bailout (BBC) Eurozone finance ministers and the IMF have reached a deal on an urgently needed bailout for debt-laden Greece. They have agreed to cut debts by 40bn euros ($51bn) and have paved the way … Continue reading

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Worldwide web of sham directors; Young, jobless and Indian; China lands first jet on aircraft carrier; Surprise on the Nile; Hatching ideas by the dozens at MIT

1 Worldwide web of sham directors (The Guardian) The existence of an extraordinary global network of sham company directors, most of them British, can be revealed. The UK government claims such abuses were stamped out long ago, but a worldwide … Continue reading

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Income inequality killing capitalism; Eurozone output shrinks again; Fear of Like in India

1 Income inequality killing capitalism (Robert Skidelsky in The Guardian) It is generally agreed that the crisis of 2008-2009 was caused by excessive bank lending, and that the failure to recover adequately from it stems from banks’ refusal to lend, … Continue reading

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Where France goes, other euro nations may follow; No Greek deal a ‘threat to euro’; How yoga can wreck your body; ‘World’s worst hotel’ is a hit

1 Where France goes, other euro nations may follow (Stephanie Flanders on BBC) On almost every economic measure you could mention, France is the “median” country of the eurozone – the nation in the middle. After more than four years … Continue reading

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Fiscal cliff is ‘substantial threat’; Japan trade deficit worst in 30 years; Brazil’s corn clout; College of future: Come one, come all; India IT law raises eyebrows

1 Fiscal cliff is ‘substantial threat’ (BBC) The chairman of the US Federal Reserve, Ben Bernanke, has warned that the fiscal cliff poses a “substantial threat” to economic recovery. Congress and the White House are trying to strike a deal … Continue reading

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French rating downgraded; More than a juicy CIA scandal; Rights groups flay ‘killer robots’; Teenage boys and muscular obsession

1 French rating downgraded (BBC) Credit ratings agency Moody’s has downgraded France from its top rating. The country’s debt has been reduced from AAA to AA1 and has kept its negative outlook, meaning it could be downgraded again. Moody’s blamed … Continue reading

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Gaza versus Goliath; A new political order; Must-have skills in 2013; SA democracy devalued; Drones and winemaking

1 Gaza versus Goliath (Irfan Husain in Dawn) Today, battles – especially completely asymmetrical ones – are waged as much on TV screens as they are on the battlefield. Given this development, even pro-Israeli leaders in the West are advising … Continue reading

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