Wednesday, August 17, 2011

ft titles

Agri-business battles claims of abuse and unhealthy food
Buffett’s remarks energise tax debate
Chinese rating agency comes under fire
The slowdown will make Berlin still twitchier about extending help to
eurozone countries
In the absence of political leadership, Belgium has been among the few European
countries not to enact meaningful austerity measures, despite a public debt
just short of 100 per cent of its GDP.
By contrast, neighbouring governments have cut swaths of public spending
or pushed through tax rises, which stymie domestic demand and slow the economy in the short term.
Ghost of Keynes haunts eurozone/Europe’s fiscal saints can do more to help fiscal sinners
Taxing Buffett, A plutocrat is sick of being coddled and wants to pay up
If Edinburgh is Hellenic then London is Vespasian’s Rome
The inchoate rage beneath our global cities
Innovative US cities have the highest protest levels and among the lowest levels of social capital, London’s riots are about class and the growing divide between the classes. This dynamic is not unique to London but is at work in many of the world’s great capitals. Instead of reducing and flattening economic distinctions, globalisation has made them sharper.




The global era and the end of foreign policy
By Philip Zelikow is commonplace to read that America is going through a period of retrenchment, with a focus on domestic policy. But the same could be said of other major powers, including China, India, Japan, and all of Europe. Yet today foreign policy need not recede. Instead, foreign policies should focus on how to harmonise “domestic” policies.INTERESTING ARTICLE ON DEVELOPMENT HISTORY , FDI EVOLUTION FORM PRIVATE TO PUBLIC TO PRIVATE AND NEED TO COOPERATE ON A GLOBAL SCALE RATHER THAN DOMESTIC ONE London was a traditional clearing house. After the Great Depression, private capital flows were inhibited, and public capital took on a greater role, including income transfers between countries. Institutions and habits of thought changed, while capital controls and Cold War rivalries reinforced reliance on foreign aid. But in the last 20 years, the traditional flows have returned on far larger scales.
Europe need not wait for Germany, Martin Sandbu, us and japoan downgraded yet lower rates compared to fragmented europe, proposes to create own euromarket w/out germany
John Kay, hair and dear analogy pof Rousseau, together w/ gang grabbing entitlement aand marginal distribution rewards 2 explain how UK kids expectations tilt towards celebrity rather than honorable jobs. Does it explain london riots? a biot confused though daring.

switzerland poland chf loans, 2006 somebody paid 300k zloty, @ today forex losses against chf woould pay 550k , 700k ppl borrowed in chf, 250k out of 400k owners

HK CHINA safe haven, DIM SUM Bonds in Yuan laucned in HK, plans to strengthen financial paltform by China

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