The Economist: News Analysis And Views
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Moment of truth
via The Economist: News analysis and views by (author unknown) on May 09, 2008
An escalation of conflict in LebanonSINCE Lebanon?s fiendishly complex politics polarised into two viciously feuding factions in the aftermath of the July, 2006 war with Israel, observers have predicted a slide into the kind of chaos that reigned during the 1975-1990 Lebanese civil war. But aside from a few assassinations and occasional gunplay, along with verbal mudslinging and further erosion...
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Overseas charity
via The Economist: News analysis and views by (author unknown) on May 12, 2008
Who gives most in private aid to poor countries?AMERICA'S government is frequently accused of stinginess when it comes to foreign aid: the official sort is just a tiny proportion of annual GDP. But donations from individuals and businesses are startlingly high. American private giving to poor countries amounted to $34.8 billion in 2006, dwarfing that of other rich nations, according to the...
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A free ride
via The Economist: News analysis and views by (author unknown) on May 13, 2008
The $48 billion annual cost of software piracyMANY PC users have saved a bit of cash by running a pirated version of a must-have software program at some point. Such piracy cost technology firms $48 billion last year, up by $8 billion from 2006, according to an annual study published on Wednesday May 14th by the Business Software Alliance, a trade body. Users in rich countries have become a bit...
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KAL's cartoon
via The Economist: News analysis and views by (author unknown) on May 14, 2008
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Through the floor
via The Economist: News analysis and views by (author unknown) on May 28, 2008
America's house prices are falling even faster than during the Great DepressionAS HOUSE prices in America continue their rapid descent, market-watchers are having to cast back ever further for gloomy comparisons. The latest S&P/Case-Shiller national house-price index, published this week, showed a slump of 14.1% in the year to the first quarter, the worst since the index began 20 years ago....
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Vital statistics
via The Economist: News analysis and views by (author unknown) on June 01, 2008
Girls are getting as good as boys in maths, and are better at readingTRADITION has it that boys are good at counting and girls are good at reading, but the reasons for the differences have always been hotly contested. Now a new study by Luigi Guiso of the European University Institute of Florence and his colleagues published in Science suggests that culture explains most of the difference, in...
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Green in the east
via The Economist: News analysis and views by (author unknown) on June 06, 2008
China and India are increasingly keen to show how they are tackling climate changeIF AMERICA at last gets a president who is committed to cutting carbon emissions, then two big Asian countries, China and India, will be seen by many as the source of the world's biggest climate-change problems. Russia's economy is more profligate with energy, but China is widely believed to be the...
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Downsizing yet again
via The Economist: News analysis and views by (author unknown) on June 06, 2008
Savour the last of the great hybrid SUVsDETROIT is finally getting the message. General Motors announced this week that it will close four truck plants and seek a buyer for its Hummer division. American carmakers are at last moving from gas-guzzling sport-utility vehicles (SUVs) and pick-up trucks toward fuel-sipping family cars.Ironically, this abrupt reversal?forced on GM by a looming recession...
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Fuelling inflation
via The Economist: News analysis and views by (author unknown) on July 02, 2008
Food and energy prices push OECD inflation to its highest rate since 2001THE rise in inflation across the world is a big worry for central bankers and policymakers. This week the OECD announced that consumer prices for all items in its 30 member countries increased by 3.9% in May compared with a year earlier, the highest rate since 2001. Energy and food prices are the main contributors, rising by...
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