July 2013 Archive

China’s Credit Boom: Taking credit for nothing

IN HIS work on China’s economy, Zhang Zhiwei observes what he calls the “5:30 rule”. That is not the time he clocks off each day: ...

Tinker, taper

“HE’S already stayed a lot longer than he wanted.” Barack Obama’s remark in a TV interview this week fuelled speculation that Ben Bernanke, whose second ...

Through the roof again?

THE stronger-than-expected 53% growth in quarterly sales reported on June 25th by Lennar, America’s biggest homebuilder by market capitalisation, is the latest evidence that the ...

Bank-Risk Yardstick Is a Blind Measure

How risky do you want your bank investments to be? Don’t laugh, it is a serious question.  These days, investors can adopt a buffet-style approach ...

Egypt’s military gives Morsi, opposition parties 48 hours to ‘meet the demands of the people’

Egypt’s powerful military issued an ultimatum to the government and its opposition to resolve the crisis or the military will announce its own solution.  

Putin: Edward Snowden can stay in Russia if he stops leaks

Putin suggested Snowden may be allowed to stay in Russia as long as he doesn’t harm American interests.

Calif.’s Sierra a ‘living lab’ for climate change?

News & Commentary:  A report from the AP suggests meadows are drying, wildflowers are blooming earlier and glaciers are melting in the Sierra Nevada.   ...

Russian Forces to Provide “Security” At US Events

As part of a deal between the Russian Emergency Situations Ministry and FEMA, Russian officials will provide “security at mass events” in the US.  

Russian report says Snowden applied for asylum

Edward Snowden has applied for asylum in Russia, the state-run RIA Novosti news agency reported Monday, quoting a consular official at the Moscow airport.  

Deadly Heat Wave in the West Brings Fires and Travel Delays

PHOENIX — An unforgiving heat wave held much of the West in a sweltering embrace over the weekend, tying or breaking temperature records in several ...

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