Monthly Archives: May 2013

Eurozone growth forecast cut; Post-US order for Pakistan; Apple’s Cook hints at wearable devices; China’s biggest US play

1 Eurozone growth forecast cut (BBC) The OECD has again cut its growth forecasts for the eurozone and called on the European Central Bank to consider doing more to boost growth. The organisation says the eurozone will shrink by 0.6% … Continue reading

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Concern for post-crisis generation; Sony’s bread and butter isn’t electronics; Big four banks cut 189,000 jobs in five years; China anger for ‘handcuffing’ girl; Online firm ‘laundered’ $ 6 bn; India IPOs shunned

1 Concern for post-crisis generation (Rupert Neate & Graeme Wearden in The Guardian) European leaders warned that youth unemployment – which exceeds 50% in some countries – could lead to a continent-wide catastrophe and widespread social unrest aimed at member … Continue reading

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Swedish riots should worry the world; China, Germany as economic dream team; Brazil’s largesse for Africa; Pakistan struggles to keep lights on; Australia is happiest nation; India’s struggle with Maoists

1 Swedish riots should worry the world (Aditya Chakrabortty in The Guardian) You probably haven’t seen much about it in the papers, but for the past week Sweden has been racked by rioting. The violence began in a suburb of … Continue reading

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The end of perpetual war; Japan tops in life-expectancy; Pakistan and the possible; When bookies thrive in India; India needs a sexual revolution

1The end of perpetual was (The New York Times) President Obama’s speech last week was the most important statement on counterterrorism policy since the 2001 attacks, a momentous turning point in post-9/11 America. For the first time, a president stated … Continue reading

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Sluggish growth for Germany; Japan the model; Taking America off ‘perpetual war footing’; ‘We’re at 1% of what is possible’; ‘Kill Mittal’ game targets Indian magnate

1 Sluggish growth for Germany (BBC) Germany’s economy barely grew in the first quarter of 2013 as exports and investment shrank, figures show. But higher domestic consumption – thanks to rising wages – helped offset the declines in foreign trade … Continue reading

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Smart governance for a new century; If Malala were an Indian; Six reasons why Apple stock is tanking; Global attitudes to India, China sink

1 Smart governance for a new century (Maleeha Lodhi in Khaleej Times) We live in a world in profound transition where mounting governance challenges have become more complex at both the national and global levels.  New technologies have created unprecedented … Continue reading

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Bernanke backs stimulus; China’s brutal one-child policy; Google’s ‘information tax’; Pakistan and the personality cult; No takers for Gandhi’s blood

1 Bernanke backs stimulus (BBC) US Federal Reserve chairman Ben Bernanke has told Congress that it is too soon to end the central bank’s monetary stimulus programme or raise interest rates. He said the Fed’s policies were “providing significant benefits” … Continue reading

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Stocks fly high, not the economy; African Union @ 50; ‘Beardvertising’ takes a bow

1 Stocks fly high, not the economy (Linda Yueh on BBC) If only it were economic growth. Instead, it’s stock markets that have either hit all-time highs or are very close. Just look at the dizzying heights hit by the … Continue reading

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British boom? FTSE at 12-year high; The one percent are only half the problem; Investors have lost love for South Africa; Charging a cell phone in 20 seconds

1 British boom? FTSE at 12-year high (Nick Fletcher & Phillip Inman in The Guardian) Shares in London have reached levels last seen at the height of the dotcom boom nearly 13 years ago. At a close of 6,755 points, … Continue reading

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Unemployment falls in 40 US states; China’s global ambitions; No funds for meddling; Tumblr’s Karp: High school dropout to billionaire

1 Unemployment falls in 40 US states (Christopher S Rugaber in San Francisco Chronicle) Solid hiring helped lower unemployment rates in 40 US states last month, the most since November. The declines show the job market is improving throughout most … Continue reading

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