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Political Short-Termism

1 hour, 21 minutes ago ago from J-J Rosa\'s Blog

Mojmir Hampl , vice-governor of the Czech National Bank and a member of the EU’s economic and financial committee, chastises politicians in a Wall Street Journal opinion column for “cheap lecturing of the markets in may countries around the world (…) when it is easy to see that the advocates of such lessons lack credibility in the subjects on which they preach”. While the political elite in most of the advanced democratic countries ...

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Thailand Traces Path of North Korea Arms

6 hours ago ago from Wall Street Journal

Thailand's seizure of a plane packed with North Korean arms signals a possible escalation of international pressure on North Korean activities overseas aimed at threatening the financial health of its regime. Thai authorities said late Monday they were trying to determine where the aircraft -- carrying surface-to-air missile parts and other arms -- was headed when it was detained after stopping to refuel in Bangkok on Friday. Many of the ...

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