Ben Bernanke Realised Printing Yet More Money Would Look Desperate – by Liam Halligan

Why didn’t Ben Bernanke signal a third round of quantitative easing on Friday at the long-anticipated Jackson Hole summit? After all, at the same event last year, the US Federal Reserve chairman made it pretty explicit another funny money missile … Continue reading

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The Putin-Medvedev Tandem and Foreign Policy Dysfunction – by Vlad Sobell

I have always believed that the “tandem” is not an optimal arrangement – for reasons that seem obvious to me. To be credible, a leader of a country must possess – and be seen to possess – the ultimate and … Continue reading

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Trivia: Americans Will Work For ¢25/hour – by Tom Weber

How bad is the job market? Tom Weber chronicles the lowest hourly wage that Americans, and others around the world, will accept for an hour of work.

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Is Khodorkovsky Russia’s Al Capone? – Letter To WSJ – by Steve Allen

Regarding the editorial on Russia in the Wall Street Journal by Anne Jolis (“Khodorkovsky heads back to Siberia” June 15th), I could not help but notice the significance of the date. Exactly 13 years ago today, on June 15th, 1998, … Continue reading

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OPEC’s Vienna Summit Meant Nothing For Long-Term Oil Price Trends – by Liam Halligan

Oil prices pushed up last week, back towards $120 per barrel. Brent crude is now 25pc more expensive than at the start of the year. The OPEC oil exporters’ cartel, meanwhile, has just failed to agree an official boost to … Continue reading

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