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FE Home - Selections From The Economist
Land of the free?
Whistleblowers have repeatedly been punished or fired. America is also one of the few countries to ban felons from voting. One in every 50 adults is disenfranchised because of past criminal convictions.

Taking the strain

When Haiti’s prime minister resigned last month after a week of food riots, it seemed to confirm a warning that Bob Zoellick, the president of the World Bank, had given ten days before.

No deal

Rather as John McCain cannot be displeased to have seen Hillary Clinton and Barack Obama fighting it out, Google has for the past three months enjoyed watching its only two serious rivals, Yahoo! and Microsoft, tear each other to pieces.

Calling the shots

One of India’s leading newspapers launched an unusual advertising drive. “Money cannot buy our integrity” read a front-page slogan in Daily News & Analysis, a Mumbai daily.

Angry China

China is in a frightening mood. The sight of thousands of Chinese people waving xenophobic fists suggests that a country on its way to becoming a superpower may turn out to be a more dangerous force than optimists had hoped.

Ben’s bind

The spirit of St Augustine hovered over the Federal Reserve last week. “Oh Lord, let us stop cutting interest rates, but not yet,” is pretty much what America’s central bankers decided on April 30th.

Jolly gold giant

The decision to shift Barrick from oil and gas into gold mining looks canny now. In 1983, however, the prospects for oil and gas were good, while the gold price was falling from a peak it hit in 1980.

An inconvenient past

As Britain’s gumshoes circled their Swiss bank accounts that year, Saudi officials had threatened to stop sharing anti-terrorist intelligence and to cancel another pending contract.

Krugman’s conundrum

Mr Krugman, a leading trade economist (as well as a New York Times columnist), had concluded in a 1995 Brookings paper* that trade with poor countries played only a small role in America’s rising wage inequality, explaining perhaps one-tenth of the widening income gap between skilled and unskilled workers during the 1980s.

Trouble in the air

Darkening economic clouds, oil at $114 a barrel, cut-throat competition and disappearing credit lines are confronting airlines with their biggest crisis since the dark days after September 11th 2001.
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