Monthly Archives: April 2015

Shock, as US economy grows just 0.2%; A 100-year gap in education between nations; Nepal will rise again

1 Shock, as US economy grows just 0.2% (The Guardian) The disappointing US GDP data has sent markets tumbling. The weakness in the US economy, if sustained, poses problems for global growth. That has hit the dollar, and by extension … Continue reading

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First time since 2009, Europe is best place to invest; Maths until 18 seen as best protection against unemployment; Venezuela cuts hours to save energy

1 First time since 2009, Europe is best place to invest (Straits Times) Europe gets the nod as the best place to invest for the first time since at least 2009 in a Bloomberg survey of financial professionals, unseating the … Continue reading

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Record revenues for Apple; Baltimore protests spread; Robo-cops on the beat

1 Record revenues for Apple (Dominic Rushe & Sam Thielman in The Guardian) Apple sold 61.2m iPhones in first three months of 2015, reporting revenues of $58bn as strong sales from China propelled the tech company to another record quarter. … Continue reading

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America’s place in a multi-polar world; UK university class sizes are falling; India’s farms as killing fields

1 America’s place in a multi-polar world (Linda Yueh on BBC) At a global conference a few years ago, former US Treasury Secretary Larry Summers revealed that Americans would really prefer to be the G1. Not the G7 grouping of … Continue reading

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Volkswagen chief quits in power struggle; Tesco’s fall and failing capitalism; Saigon has fallen — A reporter’s view, 40 years later

1 Volkswagen chief quits in power struggle (BBC) The chairman of carmaker Volkswagen (VW), Ferdinand Piech, has resigned after a power struggle with chief executive Martin Winterkorn.Mr Piech had criticised his chief executive in an interview with the German news … Continue reading

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Nasdaq, S&P 500 close at records; Hundreds dead, Everest shaken in Nepal quake; When men crave for the youthful look

1 Nasdaq, S&P 500 at record close (BBC) The Nasdaq and S&P 500 closed at new record highs after US tech firms reported strong first quarter profits. The index rose 36.02 points to close at 5,092.08. It ended Thursday at … Continue reading

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The $18bn arms race in the Middle East; China economy puts pressure on its lopsided jobs market; Libya chaos rocks Europe’s boat

1 The $18bn arms race in the Middle East (Peter Beaumont in The Guardian) The Middle East is plunging deeper into an arms race, with an estimated $18bn expected to be spent on weapons this year, a development that experts … Continue reading

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Russia economy shrinks 2%; Army deployed to tackle South Africa xenophobic violence; Eritrea, North Korea are most censored states

1 Russia economy shrinks 2% (BBC) Russian Prime Minister Dmitry Medvedev said Russia’s economy shrank by 2% in the first three months of this year, the first contraction since 2009. He attributed the shrinkage to the pressure of sanctions and … Continue reading

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China’s superhighway to Pakistan; ‘Waves of millions of Africans’ likely to flood Europe; Whatsapp@800 million

1 China’s superhighway to Pakistan (BBC) China’s President Xi Jinping has signed agreements with Pakistan promising investment of $46bn. The focus of spending is on building a China-Pakistan Economic Corridor (CPEC) – a network of roads, railway and pipelines between … Continue reading

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Arab youth joblessness at 30%; Mediterranean is sea of sorrows for migrants; When idle hands destroy in South Africa

1 Arab youth joblessness at 30% (Dawn) “The unemployment rate among Arab youth until the age of 30 years exceeds 30 per cent,” the director general of the Arab Labour Organisation Ahmad Mohammed Luqman said. “Unrest and a lack of … Continue reading

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