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Taper tiger

SHORTLY after the Federal Reserve hinted in May that it might start to ease its monetary stimulus, rich-country bond yields shot up; emerging-market …

University of California

Extreme economics

FOR a place long marched over by warring armies, there are worse fates than being fought over by economists. Latvia has a population of 2m and its …

Brookings Institution

When Larry sparked rally

WORKING out when the Federal Reserve will start to “taper” its bond-buying is not the only guessing game for investors these days. They still do not …

Bill Clinton

Controlling interest

BEFORE the financial crisis life was simple for central bankers. They had a clear mission: temper booms and busts to maintain low and stable …

Interest Rates

Plugging away

GROUPE BOLLORÉ is one of those family-owned European firms that seem to have jumped like mountain goats from foothold to industrial foothold down the …

Carsharing

Tencent’s worth

IS TENCENT one of the world’s greatest internet firms? There are grounds for scepticism. The Chinese gaming and social-media firm started in the same …

Mobile Commerce

Weird about Wednesday

THE start of school, or <i>la rentrée</i>, when French schoolchildren file back into the classroom after the long summer break, was more disruptive than …

Steve Bannon

Gendercide in the Caucasus

THE practice of aborting female foetuses is found mostly in China and other Asian countries. But it is prevalent in the Caucasus, too. Two new …

Caucasus

Opening the floodgates

CHINA has many good reasons not to build the $5.2 billion Xiaonanhai dam on the Yangzi river in Chongqing. The site, on a gentle slope that moves …

China

Power struggle

THIS week Japan’s last working nuclear reactor was switched off. At Oi, on the west coast of the country’s main island, the closure was supposedly …

Daggers drawn

RARELY in Taiwan’s 17 years of democracy have opinion polls painted a president as unpopular as Ma Ying-jeou. Though he is often accused of being …

Free Trade

Back on top

BACK in September 2009 it seemed that America Inc was being crushed. Of the world’s ten largest quoted firms by market value, only three were …

Top 10

A world turned upside down

BACK in 1987 the rock band Bon Jovi was top of the pops and the world’s third-largest firm by value was Tokyo Electric Power (TEPCO), a utility in …

Investing

Growing apart

A BARRAGE of new statistics on American living standards offers some grounds for optimism. A typical American household’s income has stopped falling …

Pre-school

Tilting at windmills

ENERGY firms can be the sources of unpleasant surprises, as when they send out big energy bills that thud onto doormats. This week they were on the …

A new match for black

THE morning after Germany’s federal election, Angela Merkel, the chancellor, stood in front of her wardrobe. “Can’t do red, can’t do bright green, …

Social Democrats

Wealthy politicians

Many Americans grumble about the wealth of their politicians, but they are paupers compared with their Chinese counterparts. The 50 richest members …

China

End of the road?

A COURT in the eastern city of Jinan on September 22nd sentenced Bo Xilai, a former Politburo member, to life imprisonment for embezzlement, bribery …

China

Looks good on paper

DISGUISED as employees of a gas company, a team of policemen burst into a flat in Beijing on September 1st. Two suspects inside panicked and tossed a …

Chinese Academy of Sciences