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Proponents of continuing the embargo point out numerous human rights abuses within Cuba. But 40 years of history demonstrates that the embargo has done nothing to curtail these abuses, and increased contact with democratic societies like the U. S. might whet the Cuban people’s appetite for freedom. Several small steps have already been taken, the most prominent being Project Varela, a petition signed by 11,000 Cubans seeking a referendum on increased civil liberties and the release of political prisoners...
Dimson's book uncorks another surprise. Only Sweden (at 7.2% a year) and Australia (6.8%) edged out the U.S.'s 6.7% average inflation-adjusted return on stocks since 1900. On the whole, non-U.S. markets earned just 6.1% a year. But Dimson argues that U.S. investors should move more money into foreign markets precisely because the future is unlikely to resemble the past. In 1900 U.S. stocks made up roughly 20% of the world's total. Today the U.S. accounts for half the planetary stock value. That sort of growth is unrepeatable, says Dimson, "unless we discover new life...
...match up with Shaquille O'Neal, gathered at a small gymnasium in Chicago to evaluate another young 7-footer with surprising agility and a soft touch - 7' 5" Chinese national treasure Yao Ming, whose long-anticipated journey to the NBA has been complicated by, among other things, the China-U.S. spy-plane standoff in 2001. (Thus does globalization overcome borders...
Person of the Week HARD RIGHT He was dismissed as nothing more than a fringe figure, but ultra-conservative French politician Jean-Marie Le Pen showed that his anti-immigrant, anti-E.U. stance has worrying appeal when he earned the right to run off against Jacques Chirac in France's presidential election...
...team has also been attracting some attention from fans. Marett says about 200 people turned out to watch the team’s match against U-Mass last fall...