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The sobering lesson of strong US jobs report

  The improvement in the US labour market is certainly good news. It could soon become a headache, however, if it persists alongside disappointing economic growth. The economy added 255,000 jobs in July, after adding 292,000 in June. Employment growth was weaker earlier in the year, and two solid months don’t make a trend — but even so, the labor ...

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India’s half-closed door

  Once again, India is in danger of sabotaging its own efforts to raise foreign investment to China-like levels. The latest salvo in this undeclared, self-defeating war is the government’s reported decision to block Tata Sons from paying what arbitrators say the company owes to a former partner, the Japanese company NTT DoCoMo. The decision is particularly odd because, under ...

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Police alone aren’t enough to prevent terrorism

  Statistically, the odds of being caught up in a terrorist attack in Europe are still vanishingly small. But the Bastille Day killings in Nice, the attack in Ansbach, and the brutal slaying of an elderly French priest in his church near Rouen have punctured any remaining sense that the threat from terrorism is remote or receding. Saturday’s machete attack ...

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