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From a policy standpoint, exchange rates can be wielded to influence exports and imports, and hence, aggregate demand. Endowed with a gamut of policy instruments, governments can effectively use exchange rates to stimulate growth—but of course, not without consequences.
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I’ve been a user of PicLyf since last year after hearing about the Filipino-made application from fellow bloggers. I like how it automatically posts to my social networks like Twitter, Plurk, Facebook and Google+ whenever I upload a photo. I recently interviewed Andrew dela Serna, one [...]
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Europe faces a banking crisis it has not wanted to admit even exists.
Continue Reading →The current issue of Vanity Fair reprints a transcript from the forthcoming The Saddam Tapes: The Inner Workings of a Tyrant’s Regime, 1978–2001.
In this conversation he muses over the US foray into Somalia in the early 1990s.
Saddam: “If the Americans continue such politics, they are [...]
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Obama’s campaign was about more than particular policies. He ran on a platform that famously promised change and hope. His tremendous political achievement was in framing those concepts in such a way that they were interpreted by voters to mean precisely what they wanted them to mean without committing Obama to specific policies.
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Asia-Pacific region has bounced back strongly after the global economic crisis. Export and import values in the region have returned to pre-crisis levels and investment flows are recovering
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A hefty increase in sin taxes to simultaneously meet health and revenue objectives cannot be done at the same time. Right or wrong?
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In retrospect, many speak with great wisdom about what should have been thought about 9/11 at the time and what should have been done in its aftermath. I am always interested in looking at what people actually said and did at the time.
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Given that the dying is far from over, it is interesting to consider why Barack Obama, Nicolas Sarkozy and David Cameron, the major players in this war, all declared last week that Gadhafi had fallen, implying an end to war, and why the media proclaimed the war’s end.
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When the United Nations votes on Palestinian statehood, it will intersect with other realities and other historical processes. First, it is one thing to declare a Palestinian state; it is quite another thing to create one. The Palestinians are deeply divided between two views of what the Palestinian nation ought to be, a division not easily overcome. Second, this vote will come at a time when two of Israel’s neighbors are coping with their own internal issues.
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- Metro Cebu – December 18, 2011
- Metro Davao – December 18, 2011
- Metro Manila – December 18, 2011
- There's too much fun in the Philippines
There’s too much fun in the Philippines
A certain pizza place we shall now disguise behind the name Norwich Pizza had been acquired by a large food conglomerate we shall call Bumblebee Food Corporation for purposes of…
- Pseudo-trial
Pseudo-trial
What happens when social media takesover the justice system?
As per the Julian Assange case in Britain where the WikiLeaks founder may find out about his fate through the social networking…
- The Thai experience
The Thai experience (or why P-Noy …
The Philippines it seems is engulfed in all things Hollywood at the moment. With the filming of the Bourne Legacy taking place in Manila filling the nightly news with human…
