Monthly Archives: March 2015

Ambitious plan to end global poverty by 2030; Teen libertarian captures Brazilian minds; The other Singapore

1 Ambitious plan to end global poverty by 2030 (Linda Yueh on BBC) Later this year, the UN is expected to adopt the World Bank’s ambitious target of ending extreme poverty by 2030. It would mean that for the first … Continue reading

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Deal creates world’s largest travel retailer; South Korea to join China-led Asian bank; Japan’s emphasis on quality time at home

1 Deal creates world’s largest travel retailer (BBC) The Benetton family has sold its controlling stake in World Duty Free to Switzerland’s Dufry. The deal creates the world largest travel retailer, with a market share of 25% and projected annual … Continue reading

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Europe’s easy-money endgame; Brazil stagnates n 2014; Why people are so mean online

1 Europe’s easy-money endgame (Hans-Werner Sinn in The Guardian) The euro has brought a balance-of-payments crisis to Europe, just as the gold standard did in the 1920s. In fact, there is only one difference between the two episodes: during today’s … Continue reading

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Japan on brink of deflation; Worrying over a robot uprising; Pilot on a suicidal mission

1 Japan on brink of deflation (BBC) Annual core consumer inflation in Japan, the world’s third-largest economy, stopped rising for the first time in nearly two years in February. The core consumer price index (CPI) was flat from a year … Continue reading

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Kraft, Heinz to merge; ‘India is tough but rewarding’; Milk as dementia beater

1 Kraft, Heinz to merge (Jill Treanor in The Guardian) A string of kitchen staples such as Heinz ketchup and Philadelphia are to become part of the same company, after a $100bn deal engineered by legendary investor Warren Buffett and … Continue reading

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Upturn in Eurozone business activity; What zero inflation means for UK; India court gives boost to free speech online

1 Upturn in Eurozone business activity (BBC) Business output in the eurozone grew at its fastest rate in nearly four years in March, a closely watched survey suggests. The CIPS/Markit composite purchasing managers’ index (PMI) rose to 54.1, compared with … Continue reading

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Perils and promise of drone economy; More women in charge means bigger profits; Farmers, traders, lions and the India beef ban

1 Promise and peril of drone economy (Straits Times) Emerging technologies can charm, baffle and vex all at once. Shorn of the hype, the performance of drones has yet to live up to expectations. External signals can interfere with their … Continue reading

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France, Germany join Chinese-led Asia bank; Oil glut pulls prices to six-year low; The danger of erasing history

1 France, Germany join Chinese-led Asia bank (BBC) France and Germany are to join the UK in becoming members of a Chinese-led Asian development bank. The finance ministries of both countries confirmed that they would be applying for membership of … Continue reading

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Global economy ‘too slow, brittle and lopsided’; Cement majors’ merger in doubt; India’s glaucoma menace

1 Global economy ‘too slow, brittle and lopsided’ (Khaleej Times) The global recovery is “too slow, too brittle and too lopsided”, the head of the International Monetary Fund said in India, describing Asia’s third-largest economy as a rare bright spot … Continue reading

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China is world’s third-largest arms exporter; Dollar keeps climbing, oil keeps falling; Job loss and the decade of distrust

1 China is world’s third-biggest arms exporter (San Francisco Chronicle) China has overtaken Germany to become the world’s third-biggest arms exporter, although its 5 percent of the market remains small compared to the combined 58 percent of exports from the … Continue reading

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