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The Eternal Life of America’s Megabanks |
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Opinions/Editorials
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Wednesday, 28 April 2010 |
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The world economy faces a major problem: the largest banks in the United States remain “too big to fail,” meaning that if one or more of them were in serious trouble, they would be saved by government action – because the consequences of inaction are just too scary.
This problem is widely acknowledged, not just by officials but by bankers themselves. In fact, there is near unanimity that fixing it is a top policy priority. Even Jamie Dimon, the powerful head of the very large JP Morgan Chase, emphasizes that “too big to fail” must end.
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Planting the Seeds of Africa’s Growth |
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Opinions/Editorials
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Tuesday, 27 April 2010 |
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After decades of bad news, at least three major trends are turning Africa’s way: agricultural policies, rural demography, and farm productivity all promise improved opportunities for farm families across the continent. These trends move too slowly to make headlines, but cumulatively they offer a whole new world of bigger payoffs from public and private investment in agriculture and rural development.
Each country in every year faces a unique set of circumstances. Novelties get the most attention, like the possibility that outside investors might control large areas of farmland. Spatial diversity is also important, because it ensures that each place differs from the aggregate average. For Africa as a whole, however, at least three slow trends have recent turning points that offer game-changing new incentives for entrepreneurs and governments.
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HBO Premieres Treme in the Caribbean |
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Press Releases
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Tuesday, 27 April 2010 |
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HBO Latin America has announced the premiere of the new series Treme in the Caribbean on April 25th. The story chronologically follows the political and economic effects that arose after Hurricane Katrina devastated the city of New Orleans in 2005.
"This new series illustrates how the residents of New Orleans lived after it was struck by one of largest natural disasters ever to hit the United States. Musicians and other local artists participate in Treme along with a talented group of actors and creators. It presents the rich heritage of one of the most characteristic cities in this country," said Gustavo Grossman, VP and General Manager of HBO Networks.
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