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It's not that speed and size aren't important. We're in a death spiral: businesses are shedding workers at a record pace, which saps consumer spending, which leads to more layoffs, and so on. The public sector needs to get an awful lot of unemployed workers and equipment...
The main downside of tax cuts and benefit increases will be their tails; pity the politician who tries to taketh away what he's already giveth. That's why the best test of any cash stimulus will be whether it makes sense on its merits. Obama's aides have already...
But Rome's city government has had enough. It has tried for years to crack down on the city's freelance gladiators - and has now decided that the best way to do that is to give travelers a more realistic experience. Umberto Broccoli, the recently named head of archaeology for...
As Israeli bombardments and fighting in Gaza pushed the reported Palestinian death toll above 1,000 on Wednesday, negotiators for Hamas, the Islamic militants who rule Gaza and are firing rockets into Israel, showed signs of softening their defiance to Egypt's attempt to broker a ceasefire. In Cairo, a...
A Hamas leader speaking in Cairo, Salah Bardaweel, insists that the Islamists aren't budging from their initial demands: "We will accept nothing less than a ceasefire, the complete withdrawal of Israeli troops from Gaza, and the lifting of the [18-month long] Israeli siege on Gaza." It isn't...