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The International Monetary Fund’s acknowledgement that Greece’s debt is unsustainable could prove to be a watershed moment for the global financial system. Clearly, heterodox...
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SOME 60 YEARS ago the new Egyptian ruler, Gamal Abd-al-Nasser, wrote a book about the “Philosophy of the Revolution”. Imitating the playwright Luigi Pirandello...
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The challenge of raising the incomes of middle-class families has emerged as an important focus of the presidential election campaign in the United States....
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Even in normal times, individual and institutional investors alike have a hard time figuring out where to invest and in what. Should one invest...
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Market manipulation has become standard operating procedure in policy circles around the world. All eyes are now on China’s attempts to cope with the...
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IN JAPAN in the good old days, Binyamin Netanyahu would by now have committed hara-kiri. In England at that time, the monarch would have...
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During the long night of negotiations over Greece on July 12-13, something fundamental to the European Union cracked. Since then, Europeans have been living...
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AND WHAT if the whole drama was only an exercise of deception? What if the wily Persians did not even dream of building an...
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Greek Prime Minister Alexis Tsipras has the chance to become to his country what South Korean President Kim Dae-jung and Brazilian President Luiz Inácio...
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After 12 years of tedious negotiations, Iran and the “P5+1” countries (China, France, Russia, the United States, and the United Kingdom, plus Germany) have...