October 6, 2012 • 4:15 am
FOR investors around the world, the recovery seems assured. The MSCI global share index has risen almost 10% since July. The credit for this largely goes to central bankers. In July Mario Draghi, president of the European Central Bank (ECB), said he would do whatever it takes to hold the euro together. In early September the ECB pledged to be a lender of last resort to …
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Global unemployment remained stable at 8% between 2010 and 2011, according to Gallup surveys in 148 countries. Unemployment was highest in the Middle East and North Africa (22%) and sub-Saharan Africa (17%) last year and lowest in …
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Nearly one-quarter of adults worldwide (24%) are “thriving,” according to Gallup surveys in 146 countries in 2011. The percentage rating their current and future lives positively enough to be considered thriving ranged from a high of 74% in Denmark to a low of …
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January 11, 2012 • 4:19 am
“THAT city will, in the course of time, become the granary of the world, the emporium of commerce, the seat of manufactures, the focus of great monied operations,” predicted DeWitt Clinton, governor of New York in 1824. He was speaking about the effects of the Erie Canal, which connected the Great Lakes to the …
MORE via Economic diversification: Reimagining the future | The Economist.
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