Word: inflationitis
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In late February, the two major stock markets in China dropped sharply, and that helped trigger a brief global sell-off. Investors panicked, fearing that the Chinese economy was somehow falling off a cliff. As Thursday's growth number shows, that wasn't so. Not even close. Now, however, global...
In the 1980s, Zimbabwe was the second largest economy in southern Africa. Millions of tourists visited each year to see hippos, lions and the awesome drama of Victoria Falls. And Zimbabwe--a nation of 11 million to 13 million people (nobody knows the precise number, partly because so many have...
With the orange forces badly fractured, Yanukovych has forged a remarkable comeback. The metal, coal and chemical magnate hired Paul Manafort, a veteran Washington political consultant who has advised numerous prominent U.S. Republicans, to help shape his image. Yanukovych has emphasized orange revolution failings like administration infighting, sporadic food and...
The rankings revolt will fail without public support, not because such endeavors aren't virtuous but because the majority of Americans are getting what they want from higher education, at a price most are willing to pay. That education as commerce has led to such marketing aberrations as college rankings...
Europe Tightens Its Belt Your story [Feb. 26] noted that statistician Enrico Giovannini is upset that people question official European inflation statistics; he claims that people have some "terrible problems of perception." Is it possible he has lost touch with reality? He is welcome to stay in my house for...