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Foreign Policy magazine argues that Israel and Palestine are both tiny areas, basically large metropolises, and that it is in the economic interests of both to find a working peace. Herein lies on the only real hope of peace, and it is the issue that politicians and mediators should focus on. A refereshing look at a very jaded topic.
With its economy flat lining and being held up by oil and gas exports, Russia desperately needs to increase the scale of those exports. On the face of it the massive $400 billion deal Russia signed with China on 21 May, for a 30 year gas supply contract, looks just the ticket to deliver that increase over the long haul. However, the deal has a number of non-trivial obstacles to overcome, chief of which are disagreements between China and Russia over pricing and the difficulty Russia may find in funding the required pipeline. Read more
Joseph E. Stiglitz,
Jeffrey D. Sachs,
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