The Economist: News analysis and views
News analysis and views
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Timothy Geithner
Does the Treasury secretary's past career matter?SO THE new Treasury Secretary, it seems, will be Timothy Geithner, currently president of the Federal Reserve Bank of New York. As the top economic official in Barack Obamas administration at a time of economic crisis, he must be up to the task at han ...
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Cape Coral, Florida
Ground zero of the housing-market collapseAS I drive up to the dusty fairgrounds of the German-American Social Club of Cape Coral, Florida, I see an abandoned white house with peeling paint and boarded-up windows across the street. Spray painted in large, black letters across the front of the home i ...
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The most common goods and services offered by cybercriminals
The cost of goods and services offered by cybercriminalsBANK details are the most popular single item for sale by online fraudsters, according to a new report by Symantec, an internet-security firm. They are also the priciest, perhaps because the average account for which details are offered has a b ...
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Citigroup, a giant American bank, is bailed out by the government
An American bank gets a huge government bail-outAMERICA'S financial firemen have tried all manner of measures to tackle the blaze engulfing its banks. Still the flames lick. Under an agreement hurriedly hammered out on Sunday November 23rd, Citigroup, a troubled giant with $3.3 trillion of on- and ...
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Cities
Greener thinking for the poorest citiesWORLD HABITAT DAY last month was marked by a prize rewarding smart urban planning - supposedly in the greening of cities. This year top honours went to Nanjing in China, with commendations for Kigali in Rwanda, Ciudad Juarez in Mexico, Shaoxing and Zhangjiagang ...
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Russia's president, Dmitry Medvedev, tours Latin America, and other news
The president of Russia tours Latin America, and other news ALISTAIR DARLING, Britains chancellor of the exchequer (finance minister), delivers his pre-budget report on Monday November 24th. Britain may face a long and painful recession, but Mr Darling is determined to announce a hefty stimulus pack ...
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Global trade is slowing, as Japan's poor export figures show
Japan posts dismal export figures; global trade will decline in 2009, the first drop since 1982THE latest figures on Japanese exports, released this week, make for grim reading. Exports, an important driver of the Japanese economy, were 7.7% lower in October than they were a year earlier. That drop, ...
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Timothy Geithner, the likely new treasury secretary, is a seasoned crisis manager
Timothy Geithner is a seasoned crisis manager with a temperament to match that of Barack Obama STOCKMARKETS soared on Friday November 21st when investors learned that Barack Obama would nominate Timothy Geithner as his Treasury Secretary. That might seem odd. The Federal Reserve Bank of New York pre ...
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Can Tom Daschle and Barack Obama fix American health care?
Can Barack Obama and Tom Daschle fix American health care DC, is still busily playing guess-the-cabinet. The chances that Hillary Clinton will be the next secretary of state are increasing. But the only really solid bit of news (and even that has not yet been announced officially) is the decision th ...
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Moore Street
The new Irish and the oldBELGIUM is not the first thing that comes to mind when you mention Brussels on Dublins streets. I havent got any love, Annie, a trader, tells me, thinking I was looking for the edible kind. Trades bad on Moore Streets markets, and many traders blame foreigners. Recent polls ...
