Why Europe still needs cash

  • Payment systems in Europe are facing upheaval. With the digital revolution offering ever-faster and more convenient means for settling transactions, cash seems to some to have no future. But to write off the role of banknotes and coins in the economy would be a mistake. Non-cash payment optio...
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The Prince Naif I knew (Part 1)

  • (First of a two-part series)...
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Saudi Arabia can rescue Pakistan

  • The safety and security of Saudi Arabia relies on an old strategy that has remained unchanged over time despite leadership changes in surrounding countries: There is the need for a strong Pakistan in the east, and a powerful and stable Egypt in the west. The Kingdom should maintain good and...
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US-Israeli ties: The haggle over Hagel

  • I find Chuck Hagel eminently likeable. I am not quite certain why....
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Bangkok under the boot

  • When queried five months ago about the likelihood of a military coup, Thailand’s army chief opted for ambiguity. “That door is neither open nor closed,” he declared. “It will be determined by the situation.”More recently, Gen. Prayuth Chan-ocha, who was due to retire in September, was less...
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The great backlash against globalization

  • In the immediate aftermath of the 2008 global financial crisis, policymakers’ success in preventing the Great Recession from turning into Great Depression II held in check demands for protectionist and inward-looking measures. But now the backlash against globalization — and the freer movement of...
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Weighing pounds against ounces

  • An ounce of prevention, Benjamin Franklin famously said, is worth a pound of cure. But that is not always true when it comes to research into infectious diseases. Though scientists have traditionally tended to focus on either prevention or cure, defeating the HIV/AIDS virus will require...
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It’s not too late to stem the Ebola tide

  • Margaret Chan, the head of the World Health Organization (WHO), issued an unusually stark warning this week, declaring: “I have never seen a health event threaten the very survival of societies and governments in already very poor countries.“I have never seen an infectious disease contribute so...
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Assessing India, Lanka N-deal

  • Sri Lankan President Maithripala Sirisena’s recent India trip was touted by many as another victory for the Modi government on foreign policy front. While both the nations inked four bilateral agreements, the one on nuclear cooperation drew more attention, though there remains a genuine confusion...
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Rafale deal: Good or bad

  • Indian media, in recent years has begun to believe in an irrational sense of entitlement. It is manifested in an odd conviction they it is owed an advance warning. There seems a rage over the Rafale purchase deal fueled more by indignation that its mandarins were not told about it and were caught...
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